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2012, vol. 41, iss. 6, pp. 102-107
In one year three Nobel stars in economics: Part three
Udruženje banaka Srbije, Beograd

emailsvetlana.pantelic@ubs-asb.com
Keywords: John F. Nash; game theory; non-cooperative game theory; von Neumann; Morgenstern; Cournot; Brauer's theorem; Alicia; Bluefield; Virginia; Princeton University; M.I.T; Carnegie University
Abstract
1994 Nobel Prize in Economics 'for their pioneering analysis of equilibrium in the theory of non-cooperative games' was awarded to John Charles Harsanyi, John F. Nash, and Reinhard Selten. John Nash was born on 13 June 1928, in Bluefield, West Virginia. He majored in mathematics at the Carnegie University, and gained his PhD at the Princeton University. His theory of non-cooperative games can be seen as one of the most significant intellectual achievements in the past century, whereas the so-called Nash equilibrium can be said to bear the same importance as the discovery of DNA.
References
Nash, J. (1950) Equilibrium points in n-person games. Proc Natl Acad Sci USA, 36, pp. 48-9
Nash, J. (1950) The bargaining problem. Econometrica, 18, 155-162
Nash, J. (1951) Non-cooperative games. Annals of Mathematics, 54, 286-295
Nash, J. (1953) Two-person cooperative games. Econometrica, 21, 128-140
Pelević, B. (2004) Ekonomisti nobelovci - 1990-2003. Beograd: Centar za izdavačku delatnost Ekonomskog fakulteta
 

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article language: Serbian, English
document type: Review Paper
published in SCIndeks: 22/03/2013

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