John Nash and the analysis of strategic behavior

This essay describes one economist’s view of how four extraordinary papers by John Nash, two on non-cooperative game theory [Proceedings of the National Academy of Sciences, USA 36 (1950b) 48–49; Annals of Mathematics 54 (1951) 286–295] and two on the theory of bargaining [Econometrica 18 (1950a) 15...

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Published inEconomics letters Vol. 75; no. 3; pp. 377 - 382
Main Author Crawford, Vincent P
Format Journal Article
LanguageEnglish
Published Elsevier B.V 01.05.2002
Elsevier
SeriesEconomics Letters
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Abstract This essay describes one economist’s view of how four extraordinary papers by John Nash, two on non-cooperative game theory [Proceedings of the National Academy of Sciences, USA 36 (1950b) 48–49; Annals of Mathematics 54 (1951) 286–295] and two on the theory of bargaining [Econometrica 18 (1950a) 155–162; Econometrica 21 (1953) 128–140], influenced the development of game theory as a tool for analyzing strategic behavior.
AbstractList This essay describes one economist’s view of how four extraordinary papers by John Nash, two on non-cooperative game theory [Proceedings of the National Academy of Sciences, USA 36 (1950b) 48–49; Annals of Mathematics 54 (1951) 286–295] and two on the theory of bargaining [Econometrica 18 (1950a) 155–162; Econometrica 21 (1953) 128–140], influenced the development of game theory as a tool for analyzing strategic behavior.
Author Crawford, Vincent P
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Cites_doi 10.1257/jel.37.3.1067
10.2307/1969529
10.2307/1906951
10.1006/jeth.1996.0042
10.1073/pnas.36.1.48
10.1007/BF01448847
10.2307/1907266
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Strategic behavior
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Bargaining theory
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Nash (BIB8) 1950; 36
Von Neumann, J., 1928, Zur theorie der gesellschaftsspiele, Mathematische Annalen 100, 295–320; [English translation, 1959, by Sonya Bargmann, In: Tucker, A.W., Luce, R.D. (Eds.), Contributions to the Theory of Games, Vol. 4, Annals of Mathematics Study No. 40, Princeton University Press, Princeton, NJ].
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SubjectTerms Bargaining
Bargaining theory
Econometrics
Economics
Economists
Game theory
John F. Nash
John Nash
Mathematics
Strategic behavior
Strategic behaviour
Title John Nash and the analysis of strategic behavior
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