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:
“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)