John F. Nash Jr.

Facts

John F. Nash Jr.

Photo from the Nobel Foundation archive.

John F. Nash Jr.
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1994

Born: 13 June 1928, Bluefield, WV, USA

Died: 23 May 2015, New Jersey, NJ, USA

Affiliation at the time of the award: Princeton University, Princeton, NJ, USA

Prize motivation: "for their pioneering analysis of equilibria in the theory of non-cooperative games."

Contribution: Introduced the distinction between cooperative games, in which binding agreements can be made, and non-cooperative games, where binding agreements are not feasible. Developed an equilibrium concept for non-cooperative games that now is called Nash equilibrium.

Prize share: 1/3

To cite this section
MLA style: John F. Nash Jr. – Facts. NobelPrize.org. Nobel Media AB 2018. Wed. 14 Nov 2018. <https://www.nobelprize.org/prizes/economic-sciences/1994/nash/facts/>

Back to top Back To Top Takes users back to the top of the page

Explore prizes and laureates

Look for popular awards and laureates in different fields, and discover the history of the Nobel Prize.