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| Author: | Myerson, R. B. |
| Title: | Nash equilibrium and the history of economic theory |
| Journal: | Journal of Economic Literature
1999 : SEP, VOL. 37:3, p. 1067-1082 |
| Index terms: | Equilibrium analysis History Game theory |
| Language: | eng |
| Abstract: | November 16, 1999, marks the 50th anniversary of the day that John Nash's first paper on non-cooperative equilibrium was received by the editorial offices of the Proceedings of the National Academy of Sciences. Nash's theory of non-cooperative games should now be recognized as one of the outstanding intellectual advances of the 20th century. The formulation of Nash equilibrium has had a fundamental impact in economics and the social sciences. |
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