Nash equilibrium helps predict other investors' moves; no net gain by altering your long-term strategy. A dominant strategy excels regardless of others' actions, aiding investment decisions. Using ...

In this note we provide a direct and simple proof of the existence of pure strategy Nash equilibria in large finite action games when the payoffs depend on own action and the average response of ...

The study of equilibrium analysis in large games and commodity spaces lies at the heart of modern economic theory, where the interplay between individual strategic behaviour and aggregate market ...

In 1950, John Nash — the mathematician later featured in the book and film “A Beautiful Mind” — wrote a two-page paper that transformed the theory of economics. His crucial, yet utterly simple, idea ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

JOHN NASH may be best known for being portrayed by Russell Crowe in the biopic “A Beautiful Mind”, but his essential and lasting contribution is in the world of economics. In 1994 he shared the Nobel ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, researcher, and ...