Ideas Can Change the World - Deepstash

Ideas Can Change the World

Nash’s concept of the Nash Equilibrium revolutionized economics and game theory. One insight, when nurtured, can reshape entire fields and futures.

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saimanilekaz

Produce, Publish, Preserve.

The story beautifully weaves together themes of genius, madness, love, and perseverance. It explores how Nash battles the voices in his mind, his quest to distinguish reality from illusion, and the crucial role of his wife Alicia in his recovery and survival.

Similar ideas to Ideas Can Change the World

Game Theory

Game Theory

  • In 1994 Nash, Selten and Harsanyi became Economics Nobel Laureates for their contributions to economic game theory.
  • Non-cooperative games are those where participants make non-binding agreements. They base their decisions on how they think the other participants will behav...

Game Theory

Game Theory

Game Theory reveals profound insights about strategic interactions:

  • In zero-sum games, maximally exploitative strategies are optimal
  • In repeated interactions, cooperative strategies often outperform aggressive ones
  • The Tit for Tat strategy (cooperate fi...

Adam Smith's ideas

  • In his first book, "The Theory of Moral Sentiments", Smith proposed the idea of an invisible hand - the tendency of free markets to regulate themselves through competition, supply and demand, and self-interest.
  • He is known for creating the gross domestic product (GDP) concept and h...

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