Tuesday June 25, 2019
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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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Prime Minister Narendra Modi to Form Committee on ‘One Nation, One Election’

He said that members of all the opposition parties present at the meeting supported the idea barring the CPI and CPI-M

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Narendra Modi.

Prime Minister Narendra Modi in an all-party meeting on Wednesday said that a committee will be formed to look into the various issues regarding the “one nation, one election” plan.

Defence Minister Rajnath Singh told this to the media after the conclusion of the meeting which lasted for over three-and-a-half hours.

Singh said that five major agendas were discussed in the meeting, including the “one nation, one election” agenda.

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India’s Prime Minister Narendra Modi waves toward his supporters during an election campaign rally in New Delhi, May 8, 2019. VOA

He said that members of all the opposition parties present at the meeting supported the idea barring the CPI and CPI-M.

“Only CPI and CPI-M expressed difference of opinion, saying how it could be implemented,” the Defence Minister said.

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Over 40 parties were invited for the meeting in which 21 party chiefs participated while three expressed their inability to join the meeting citing some reasons, Singh added. (IANS)