Investopedia

Nash Equilibrium: How It Works in Game Theory, Examples, Plus Prisoner’s Dilemma

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Nash equilibrium is a game theory state where a change in one participant's ...
Investopedia

Comparing a Dominant Strategy Solution vs. Nash Equilibrium Solution

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Robert Kelly is managing director of XTS Energy LLC, ...
The Economist

Prison breakthrough

JOHN NASH arrived at Princeton University in 1948 to start his PhD with a one-sentence recommendation: “He is a mathematical genius”. He did not disappoint. Aged 19 and with just one undergraduate ...
Quanta Magazine

In Game Theory, No Clear Path to Equilibrium

In 1950, John Nash — the mathematician later featured in the book and film “A Beautiful Mind” — wrote a two-page paper that transformed the theory of economics. His crucial, yet utterly simple, idea ...