Re: Phys.org : The legacy of John Nash and his equilibrium theory

On Thu, May 14, 2015 at 8:39 AM, Pascal Alter <not-for-reply@sciencex.com> wrote:

Pascal Alter <pascal.alter@gmail.com> recommends the following story from Phys.org:

The legacy of John Nash and his equilibrium theory
http://phys.org/news/2015-05-legacy-john-nash-equilibrium-theory.html


Pascal Alter's comment:
RESPEKT!

Such a point is called a &quot;Nash equilibrium&quot;. The proof is, in the words of the economist Samuel Bowles, that there is always &quot;a situation in which everybody is doing the best they can, given what everybody else is doing&quot;.

Read more at: http://phys.org/news/2015-05-legacy-john-nash-equilibrium-theory.html#jCp

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