Game Theory- John Nash RIP

Famed ‘A Beautiful Mind’ mathematician John Nash, wife killed in taxi crash

Explaining a Cornerstone of Game Theory: John Nash’s Equilibrium

http://www.nytimes.com/2015/05/25/science/explaining-a-cornerstone-of-game-theory-john-nashs-equilibrium.html

John F. Nash Jr. was best known for advances in game theory, which is essentially the study of how to come up with a winning strategy in the game of life — especially when you do not know what your competitors are doing and the choices do not always look promising.

The film “A Beautiful Mind,” based on Dr. Nash’s life, tries to explain game theory in a scene in which Russell Crowe, playing Dr. Nash, is at a bar with three friends, and they are all enraptured by a beautiful blond woman who walks in with four brunette friends...

Dr. Nash did not invent game theory; the mathematician John von Neumann did the pioneering work to establish the field in the first half of the 20th century. But Dr. Nash extended the analysis beyond zero-sum, I-win-you-lose types of games to more complex situations in which all of the players could gain, or all could lose....