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He shared the prize with John C. Harsanyi and Reinhard Selten. In Nash won with Louis Nirenberg the Abel Prize for his contributions to the study of partial differential equations.

john nash story

Two years later, at age 22, he completed a doctorate at Link University. In he joined the faculty of the Massachusetts Institute of Technology MITwhere he pursued research into partial differential equations. He resigned in the late s stoy john nash story of mental illness. He then began an informal association with Princeton, where he became a senior research mathematician in Nash thus established the mathematical principles of game theory, a branch of mathematics that examines the rivalries between competitors with mixed interests.

Nash showed that for any finite game, all the players can arrive at an optimal outcome, known as the Nash equilibrium or the Nash solutionwhen considering the possible actions of the other players.

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Despite its practical limitations, the Nash equilibrium was widely applied by business strategists. John Nash. Steele Prize for a Seminal Contribution to Research Get a Britannica Premium subscription and gain access to exclusive content. Learn More in these related Britannica articles:.]

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