Enrichment

How Nash Equilibrium Changed Economics

Geoff Riley

29th May 2015

In this short 3 minute video from the Financial Times, Ferdinando Giugliano explains why the work of John Forbes Nash - who died in May 2015 - is so important and how the Nash equilibrium theory works. This is an excellent short primer for students wanting to see the relevance of game theory in their economics.

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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