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Jen Nash Research Paper

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John Forbes Nash Jr., was a "mathematical genius.'' He's won countless awards, had many breakthroughs, and even had a book written about him, which was later produced into a film.
Nash was born on June 13, 1928 in Bluefield, West Virginia. His father, John Nash, was an electrical engineer, and his mother, Margaret Virginia, was a school teacher. He had one younger sister named Martha. Nash attended Carnegie Institute of Technology through a full scholarship, first majoring in chemical engineering, and then later switching to mathematics. He graduated in 1948 at the remarkable age of 19. Afterwards, he attended Princeton to further his education in mathematics. While he was at Princeton, he worked on an equilibrium theory, later earning his Ph. D degree in 1950 with a 28-page dissertation on non-cooperative games. This equilibrium theory is now better known as the "Nash equilibrium." …show more content…
Game theory explains how people and groups approach complex decisions. It looks at how peoples decisions affect others. Nash equilibrium is so commonly used in so many diverse fields, such as, international relations, psychology, and economics. "Nash equilibrium refers to a condition in which every participant has optimized its outcome, based on the other players expected decisions." Game theorists look at these decisions not individually, but as part of a system of interaction.
It is this work that has earned Nash countless awards, including the Nobel Memorial Prize for Economics in 1994. He was also awarded the John von Neumann Theory Prize in 1978 and the Leroy P. Steele Prize in 1999. Most recently, in 2015, he earned the Abel

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