John Nash (Economist)

John Nash was an American mathematician and economist known for his groundbreaking work in game theory, which studies strategic interactions among decision-makers. He developed the concept of Nash Equilibrium, where players in a game make the best decisions they can while considering the choices of others, leading to a stable outcome where no one has an incentive to change their strategy. His insights have influenced economics, politics, and social science. Nash's life, marked by personal struggles and achievements, was famously portrayed in the film "A Beautiful Mind." He received the Nobel Prize in Economics in 1994.