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John von Neumann’s game-theoretic legacy

Author

Listed:
  • András Simonovits

    (HUN-REN Centre for Economic and Regional Studies, BME MI)

Abstract

John von Neumann (Budapest, 1903–Washington D.C., 1957) was an exceptional polymath, who made fundamental contributions to mathematical logics, functional analysis, quantum mechanics, game theory, computer architecture and automata theory. In this brief paper, I shall review the game-theoretic results of von Neumann and their legacy in an informal way.

Suggested Citation

  • András Simonovits, 2024. "John von Neumann’s game-theoretic legacy," KRTK-KTI WORKING PAPERS 2401, Institute of Economics, Centre for Economic and Regional Studies.
    • Handle: RePEc:has:discpr:2401
    as

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    File URL: https://kti.krtk.hu/wp-content/uploads/2024/01/KRTKKTIWP202401.pdf
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    References listed on IDEAS

    as
    1. Daniel Kahneman & Amos Tversky, 2013. "Prospect Theory: An Analysis of Decision Under Risk," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127, World Scientific Publishing Co. Pte. Ltd..
    2. Milton Friedman & L. J. Savage, 1948. "The Utility Analysis of Choices Involving Risk," Journal of Political Economy, University of Chicago Press, vol. 56(4), pages 279-279.
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    JEL classification:

    • B16 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Quantitative and Mathematical
    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory

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