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The code-speak phrase "limit the influence of market forces" really means to arrange things OTHERWISE by leaving everything to free-market equilibration. A simple illustration is where a state wishes simply to defend its existence. This may call for various concepts of national self-sufficiency so that, for example, Japan may choose not to become entirely an importer of rice!

— John Forbes Nash Jr.

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More quotes by John Forbes Nash Jr.

You don't have to be a mathematician to have a feel for numbers.

A less obvious type of application (of non-cooperative games) is to the study of cooperative games.

Of course, one cannot represent all possible bargaining devices as moves in the non-cooperative game.

Any desired transferability can be put into the game itself instead of assuming it possible in the extra-game collaboration.

The writer has developed a “dynamical” approach to the study of cooperative games based upon reduction to non-cooperative form.

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