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, ...
FiveThirtyEight

Why John Nash Matters

John F. Nash Jr. is widely known as the subject of the Oscar-winning film “A Beautiful Mind,” but his contributions to the advancement of human knowledge are far greater. Nash paved the way for game ...
Scientific American

Professional Poker Players Know the Optimal Strategy but Don’t Always Use It

“All in.” Your opponent slides a stack of chips across the high-stakes poker table. You glance back at your cards, a pair of sixes. The game is Texas Hold’em. Only two of you remain, and no community ...
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 ...
Indiatimes

Instant Scholar: John Nash’s ‘Non-Cooperative Games’; a foundational work in 'Game Theory'

'Instant Scholar' is a Times of India initiative to make academic research accessible to a wider audience. If you are a Ph.D. scholar and would like to publish a summary of your research in this ...