Mathematics
- John Forbes Nash, Jr. proposes the Nash equilibrium in game theory, initially in his Princeton doctoral thesis.
- The prisoner's dilemma is framed by Merrill Flood and Melvin Dresher at RAND and formalized and named by Albert W. Tucker.
Read more about this topic: 1950 In Science
Famous quotes containing the word mathematics:
“Why does man freeze to death trying to reach the North Pole? Why does man drive himself to suffer the steam and heat of the Amazon? Why does he stagger his mind with the mathematics of the sky? Once the question mark has arisen in the human brain the answer must be found, if it takes a hundred years. A thousand years.”
—Walter Reisch (1903–1963)