LAST Insight

A Beautiful Mind, Without Doubt 

It would be hard to understand basic economic concepts without the groundbreaking contributions of John Nash.

Ricart, Joan Enric

Date: Third Quarter 2015

Tags: John Nash, A Beautiful Mind, non-cooperative game, prisoner's dilemma, game theory

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The late John Nash's intellectual framework for understanding non-cooperative games enriches our perspective, enabling us to grasp the competitive dynamics involving various agents, and make rational choices. This lies at the heart of strategic management, with implications for all functional areas of a company.

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