torsdag 4 oktober 2007

A good movie

Among many is A Beautiful Mind (2001) (2-Disc) where Nobel Prize winner John Nash’s life is being described. Nash was a great mathematician who among many things discovered the well known "Nash equilibrium" in game theory, still used worldwide when learning about game theory. It’s all about equilibria where risk averse players choose the best possible alternatives in games played simultaneously or in steps. Nash realized something Adam Smith failed to, that is that we are all better of if we act not only in our own interest (which Smith argued) but also act in the favour of the whole group. Well you could say many things about Nash, a good start is to watch this movie, and it’s a great movie even if you don’t find economics interesting. My non-economic girlfriend liked it, so I have proof ;).



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