"... he gave his name to the Nash equilibrium – a position in a situation of competition or conflict in which both sides have selected a strategy, but where neither side can then independently change their strategy without ending up in a less desirable position. Such positions are common in everyday life, and in the interactions of business people, politicians and nations. He earned his early reputation, and his 1994 Nobel prize in economics, by proving mathematically that there is at least one Nash equilibrium lying in wait to trap us in every situation of competition or conflict where the parties are unwilling or unable to communicate."
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Mathematicians from the United StatesAtheistsGame theoristsNobel laureates in EconomicsPeople from West Virginia
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Len Fisher
https://en.wikiquote.org/wiki/John_Forbes_Nash%2C_Jr.
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John Forbes Nash, Jr.
John Forbes Nash, Jr. (June 13, 1928 — May 23, 2015) was an American mathematician, who shared the 1994 Nobel Memorial Prize in Economic Sciences with game theorists Reinhard Selten and John Harsanyi. His works in game theory, , and have provided insight into the factors that govern chance and events inside complex systems in daily life. His theories are used in market economics,
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