It's a little hard to see, but the medal forms a saddle point: the intersection of the two lines is a maximum in the horizontal direction and a minimum in the vertical direction... It had been a long time since I thought of equilibrium that way, but it is from von Neumann's first game theory paper, on two person zero sum games and the minimax theorem.
It is from my trip to Hungary in early September. You can read about it in Hungarian...
Nobel-díjas közgazdász, Alvin E. Roth kapta idén a Neumann János-díjat
Piaci megoldással osztaná el a migránsokat a Nobel-díjas közgazdász
Nobel-díjas közgazdász oldhatja meg a menekültproblémát
Hungarian radio: (interview in Hungarian voice-over)
A pénz sem old meg mindent - így látja a Nobel-díjas, InfoRádió / Czwick Dávid
Isten teremtette a búzát. És az árutőzsdét? (a newspaper interview in Hungarian)
Google translate: God created the wheat. And the commodities market?
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1 comment:
Congratulations, Professor Roth!
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