Some game theory anecdotes

Authors
Citation
Pa. Samuelson, Some game theory anecdotes, JPN WORLD E, 13(3), 2001, pp. 299-302
Categorie Soggetti
Economics
Journal title
JAPAN AND THE WORLD ECONOMY
ISSN journal
09221425 → ACNP
Volume
13
Issue
3
Year of publication
2001
Pages
299 - 302
Database
ISI
SICI code
0922-1425(200108)13:3<299:SGTA>2.0.ZU;2-N
Abstract
After 1944, economists learned about Johnny von Neumann's two-person zero-s um game theory and Nash's non-cooperative game solution. The present discus sion links the Nash analysis back to much earlier 1838 Cournot duopoly theo ry. And it links the von Neumann breakthrough to earlier and independent pe rceptions of how randomization provides existent minimax solution to a two- person zero-sum game. (C) 2001 Elsevier Science B.V. All rights reserved.