IN ONE YEAR THREE NOBEL STARS IN ECONOMICS - PART THREE

Scientific review article
Autor: Svetlana Pantelić

Summary: 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.

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