Mathematics
- John Forbes Nash, Jr. proposes the Nash equilibrium in game theory, initially in his Princeton doctoral thesis.
- The prisoner's dilemma is framed by Merrill Flood and Melvin Dresher at RAND and formalized and named by Albert W. Tucker.
Read more about this topic: 1950 In Science
Famous quotes containing the word mathematics:
“... though mathematics may teach a man how to build a bridge, it is what the Scotch Universities call the humanities, that teach him to be civil and sweet-tempered.”
—Amelia E. Barr (1831–1919)
“The three main medieval points of view regarding universals are designated by historians as realism, conceptualism, and nominalism. Essentially these same three doctrines reappear in twentieth-century surveys of the philosophy of mathematics under the new names logicism, intuitionism, and formalism.”
—Willard Van Orman Quine (b. 1908)
“It is a monstrous thing to force a child to learn Latin or Greek or mathematics on the ground that they are an indispensable gymnastic for the mental powers. It would be monstrous even if it were true.”
—George Bernard Shaw (1856–1950)