Theory of Games and Economic Behavior - John Von Neumann

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n nJohn von Neumann and Oskar Morgenstern conceived a groundbreaking mathematical theory of economic and social organization, based on a theory of games of strategy. Not only would this revolutionize economics, but the entirely new field of scientific inquiry it yielded--game theory--has since been widely used to analyze a host of real-world phenomena from arms races to optimal policy choices of presidential candidates, from vaccination policy to major league baseball salary negotiations. n n nn nAnd it is today established throughout both the social sciences and a wide range of other sciences.n

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