The concept of Nash equilibrium has long served as a cornerstone in game theory, characterising a state where no player can benefit by changing their strategy unilaterally. Recent advancements have ...

In contrast to Brussels that shut down its infrastructure under the threat of a possible ISIS terrorist attack, Israeli infrastructure accounts for possible terrorist attacks so that an attack will ...

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 ...

John F. Nash, one of the most influential mathematicians of the 20 th century and subject of the 2001 film, “A Beautiful Mind”, died this past weekend along with his wife, Alicia, in a New Jersey taxi ...

This week “The Economist explains” is given over to economics. For each of six days until Saturday this blog will publish a short explainer on a seminal idea. ECONOMISTS can usually explain the past ...

In today’s interconnected global economy, every move counts. Governments, central banks, and multinational firms constantly adjust their strategies, not in isolation, but by anticipating the actions ...

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 ...

Thanks to the sterling efforts of Sylvia Nasar, Ron Howard, and Russell Crowe, many people are aware that John Nash, the Princeton mathematician who was killed over the weekend in a car crash on the ...