Johann von Neumann (theory of game)

Johann von Neumann was a Hungarian-American mathematician and polymath who made significant contributions to many fields, including game theory. In game theory, he introduced concepts that analyze strategic interactions between rational decision-makers, focusing on how individuals can maximize their outcomes in competitive situations. His work emphasizes that in games, the best strategy often depends on predicting the actions of others. Von Neumann's theories laid the groundwork for understanding economics, political science, and social behavior by formalizing how people make choices when their success depends on the actions of others.