JOHN F. NASH JR.
An American mathematician who received the 1994 Nobel Memorial Prize in Economics, along with German economist Reinhard Selten and Hungarian economist John Harsani, for pioneering analysis of equilibria in the theory of non-cooperative games. His research point out the difference between cooperative and non-cooperative games. He also designed an equilibrium theory called Nash Equilibrium, which the prisoner’s dilemma is a notable example.
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Transaction
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