Monday May 21, 2018
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Goodbye John Nash: For the first time in Game Theory one man’s loss is everyone else’s too

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By NewsGram Staff Writer

J.F. Nash is a name that’ll send a bell ringing in everyone’s mind if for no better reason than just because of the Oscar-winning Russell Crowe movie. Those who can associate with the name will realize the loss humanity has suffered.

John Nash and his wife Alicia Nash passed away in a fatal taxi crash on the New Jersey Turnpike, on Saturday.

The demise of the renowned Mathematician will be a great blow to blackjack players, economists and writers banking on Nash’s ideas to explore the relation between God and game theory, to say the least.

Nash’s contribution to Game Theory, like the Nash Equilibrium, Nash Program and Bargaining problem helped bring the theory out of obscurity and into the application based world of economics.

Nash is the classic case of ‘disturbed’ genius. Born in  Bluefield, West Virginia, United States, he was awarded the George Westinghouse Scholarship, a full scholarship to the Carnegie Institute of Technology at the age of 16. In April, 1959, Nash was admitted to McLean Hospital, where he was subsequently diagnosed with paranoid schizophrenia.

John Nash  won the Nobel Prize in Economics in 1994 because of his 27-page dissertation, “Non-Cooperative Games,” written in 1950 when he was 21.

John Nash’s life and works are reminiscent of  the common ground between Genius and madness and how people at that juncture place constantly face torture and deliverance at the same time.

 

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Oli Assures Modi, Nepal’s Territory Won’t Be Used Against India’s Interests

After assuming office in February, Oli made his first foreign visit to India in April.

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Gokhale said that Modi's two-day visit to Nepal was aimed to strengthen bilateral relations
KP Sharma Oli, PM of Nepal, wikimedia commons

Prime Minister K.P. Sharma Oli has told his Indian counterpart Narendra Modi that Nepal’s territory will not be used against New Delhi’s interests, Indian Foreign Secretary Vijay Gokhale said here on Saturday.

“Oli reiterated that they will be sensitive to our concerns and their territory will not be allowed to be used by anybody against India. Prime Minister Modi reciprocated the sentiments,” Gokhale told the media.

Gokhale called Oli’s view “very significant”.

There was a chill in India-Nepal ties during Oli’s earlier stint as Prime Minister between October 2015 and August 2016 when a border blockade blamed on New Delhi crippled Nepal’s economy.

There were also perceptions that Oli was leaning towards China than India.

Gokhale said that Modi’s two-day visit to Nepal was aimed to strengthen bilateral relations “whether it be cross-border electricity or cross-border connectivity”.

“We are looking into cross-border electricity and cross-border connectivity not only with Nepal but other neighbouring countries as well,” he said.

After assuming office in February, Oli made his first foreign visit to India in April.

Stating that India welcomed the restoration of democracy in Nepal, Gokhale said that both the government and the opposition in the Himalayan nation were parties to it.

He said both sides agreed to be committed towards the stated projects. “We will address this within a set timeline.”

Prime Minister, Narendra Modi stressed on the importance of service to others in his last Mann Ki Baat edition for 2017.
Modi is on Nepal visit for two days, wikimedia commons

According to Gokhale, Oli confirmed to Modi that Nepal will host the the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (Bimstec) summit this year.

Bimstec comprises seven countries lying in the littoral and adjacent areas of the Bay of Bengal — Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand.

Gokhale also said that Modi’s visits to cultural sites in Nepal “suggested that there should be strong people-to-people ties”.

Apart from offering prayers at temples in Nepal, the Indian leader inaugurated the Janakpur-Ayodhya bus service, a 900 MW hydropower project and announced Rs 100-crore aid to develop Janakpur city.

Also Read: Water Crisis is Increasing in Cape Town, Red Alert For Africa 

He also held extensive discussions with Oli, President Bidhya Devi Bhandari and other government officials to better bilateral ties after which he said: “All misunderstandings with Nepal are over.”

Modi also met leaders of opposition parties, starting with former Prime Minister Sher Bahadur Deuba and other members of the Nepali Congress.

He exchanged views on strengthening bilateral ties with former Prime Minister and Chairman of the Communist Party of Nepal (Maoist Centre) Pushpa Kamal Dahal “Prachanda”. (IANS)