Mathematical World
Mathematical World
The mathematical theory of games gained widespread recognition when it was applied to the theoretical study of economics by von Neumann and Morgenstern in Theory of Games and Economic Behavior in the 1940s.
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The mathematical theory of games gained widespread recognition when it was applied to the theoretical study of economics by von Neumann and Morgenstern in Theory of Games and Economic Behavior in the 1940s. This book presents proofs for both von Neumann's Minimax Theorem and the existence of the Nash Equilibrium in the $2 \times 2$ case.
