John Forbes Nash quotes - page 2
One states as axioms several properties that it would seem natural for the solution to have and then one discovers that the axioms actually determine the solution uniquely. The two approaches to the problem, via the negotiation model or via the axioms, are complementary; each helps to justify and clarify the other.
John Forbes Nash
The writer has developed a "dynamical” approach to the study of cooperative games based upon reduction to non-cooperative form. One proceeds by constructing a model of the preplay negotiation so that the steps of negotiation become moves in a larger non-cooperative game [which will have an infinity of pure strategies] describing the total situation. This larger game is then treated in terms of the theory of this paper [extended to infinite games] and if values are obtained they are taken as the values of the cooperative game. Thus the problem of analyzing a cooperative game becomes the problem of obtaining a suitable, and convincing, non-cooperative model for the negotiation.
The writer has, by such a treatment, obtained values for all finite two-person cooperative games, and some special n-person games.
John Forbes Nash
John Forbes Nash
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Occupation: American Mathematician
Born: June 13, 1928
Died: May 23, 2015
Quotes count: 41
Wikipedia: John Forbes Nash
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