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John Nash: Nobel Prize
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John Nash was an eccentric mathematical genius whose sudden youthful plunge into schizophrenia could have ended in obscurity or tragedy. Instead, his 30-year battle against crippling mental disease ended in triumph--and winning the 1994 Nobel Prize in economics, as recounted in the blockbuster 2001 film, A Beautiful Mind. This documentary features interviews with Nash, wife Alicia, friends, and colleagues. DVD Special Features include bonus interview with John Nash; out-takes of schizophrenia; Price: $14.95 Video, $19.95 DVD.
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For their pioneering work in game theory, John Nash, John C. Harsanyi, and Reinhard Selten shared the 1994 Nobel Prize in Economics. Game theory is a system for using mathematics to predict the outcome of competitive games like chess or poker, which can ... be applied to political and economic conflicts such as labor negotiations, business competition, international political tensions, etc.
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In 1994, at age 66, John Nash shared the Nobel Prize for Economic Sciences with two co-winners. His work on game theory, including the Nash equilibrium and the Nash arbitration scheme, concepts that are applied universally today, has allowed researchers to better understand problems of competition and co-operation among agents (players) and to develop tools so as to come up with concrete solutions in a number of disciplines.**
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Accepting a full-ride fellowship to Princeton University, John Nash was surrounded by some of the best and brightest people working in mathematics and science at the time. Undaunted by the brilliance of people like Albert Einstein, the blossoming genius followed his own path. When he was 21, Nash wrote a doctoral thesis that eventually made him a Nobel Laureate.
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In 1958 John Nash began to show the first signs of his mental illness. He became paranoid and was admitted into the McLean Hospital, April-May 1959, where he was diagnosed with 'paranoid schizophrenia'. After a problematic stay in Paris and Geneva, Nash returned to Princeton in 1960. He remained in and out of mental hospitals until 1970, and held a research position at Brandeis University from 1965-1967. Illustrative is the 30-year publication gap between 1966 and 1996 of any scientific work. In 1978 he was awarded the John Von Neumann Theory Prize for his invention of non-cooperative equilibriums, now called Nash equilibriums.
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John Nash, the renowned mathematician and Nobel Prize winner in Economic Sciences, was greeted by a respectful and deferential audience when he entered the IBM amphitheatre on May 11. As the guest speaker for the 25th anniversary of the Group for Research in Decision Analysis (GERAD),* Professor Nash was at HEC Montréal for the 2005 Optimization Days, organized this year by GERAD. The event brought together some 400 researchers from around the world, from May 9 to 11.
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