On Thu, May 14, 2015 at 8:39 AM, Pascal Alter <not-for-reply@sciencex.com> wrote:
Pascal Alter <pascal.alter@gmail.com> recommends the following story from Phys.org:
The legacy of John Nash and his equilibrium theory
http://phys.org/news/2015-05-legacy-john-nash-equilibrium-theory.html
Pascal Alter's comment:
RESPEKT!
Such a point is called a "Nash equilibrium". The proof is, in the words of the economist Samuel Bowles, that there is always "a situation in which everybody is doing the best they can, given what everybody else is doing".
Read more at: http://phys.org/news/2015-05-legacy-john-nash-equilibrium-theory.html#jCp
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