Remember this when paying your phone bill. That there’s very little variance among providers, because they all agree to gouge the customer at similar rates.
Maximus Decimus Merridius, General of the Felix legions and commander of the armies of the North is a math genius, too? It's not fair. He needs to be stopped...
I remember learning about the Nash Equilibrium in my Microeconomics course when I pursued my Bachelor in Economics. It's a really cool and valid concept. Probably hard for the average man to come up with, yet it's so simple and logical. Also, this movie is great and I should watch it again soon.
I'm shit at mathematics but it makes sense. Here's the problem, if the pursuit is resources you have to assess what is your threshold for acceptable outcome. So rather than chasing the ultimately desirable item, you try to create an equilibrium with others that have similar desires. Good and that means satisfaction in business, sufficient resources to seek out more business and have prosperity. The question becomes how much is enough? It seems that free market competition would also create an equilibrium. For instance if monopolies can't be formed, then a relatively level playing ground is created for parties.hierarchies and competition is inevitable, but regulated business has the ability to create an environment in which multiple parties can pursue their Interest.
That was the reasoning behind Odysseus choice to ask for Penelope’s hand instead of Helen who was sought after anyone who set eyes on her. He knew his chances were small in a competition with another 10-15 possible mates, so he opted for the safe choice and he was arguably lucky as well, as he took a beautiful and extremely loyal wife.
I used the Nash Equilibrium in my trial practice. As a lawyer, I would determine what was a fair and just result for society, and I would also determine what was best result for my client. Where these two areas overlapped is what I would argue to the jury. In the interest of Justice and Fairness I would give up everything else to my adversary. I won over 80% of my trials using this approach. Thank you John Nash!
That's brilliant. YOU ARE briliant. I studied economics, and, obviously, I learned about Nash Equilibrium as well. And I'm thrilled, that this theory, his theory can also be used in law practice. I got goosebumps for crying outloud. 🤣😁 The application of this theory is boundless, endless. Amazing. Thank you so much for your inspiration. And, best of luck for your practice. (Damn, I wish I had you as my lawyer.)
@@mrhrn9315 thank you, and most of the credit for this idea come from and goes to John Nash. It makes me smile to think this whole idea may be a result of a dating strategy, so a guy can get a girl to go home with him and have sex. 💘💘💘
@@zhihonghuang5203 I was a talented lawyer. But, after I applied John Nash’s ideas, I won even more cases. It was as if a new way of arguing about Justice was opened up to me. Think about it. It’s hard to argue against a guy who is arguing for justice. What’s left? The wrong and unjust cause?
Though they take cinematic license, the impact of this discovery on decision making across so many fields is indeed something that needs to be appreciated.
@@hotdog9262 I think most people who watched this movie actually understood the Game of Go Scene. Go is not exactly a common American game it's way more popular in Asian Countries like Korea or Japan. But when Nash says the Game is flawed after he loses to the obvious prick of the movie, it's actually the first clue the real life Nash stumbled across in his theory. Modern day Go tried to compensate for the issue Nash discovered with a Komi system that variants between 3.5 to 6.5 points and that's kind of insane discrepancy compared to like Chess. Imagine if you showed up to a Chess tournament and the rules shifted for how many pawns are you allowed on the opening position.
@@JamesJoyce12 Not just that. This movie and this scene don't present Nash equilibrium correctly. Nash equilibrium would be achieved if they first created a draw and who ever gets picked gets the blonde. Then three others can go after four other girls. That would be Nash equilibrium, since it would be the optimal solution.
Game Theory was laid out by John von Neumann and Oskar Morgenstern in Theory of Games and Economic Behavior. Nash discovered the equilibrium point, for which he is justifiably celebrated.
Idk why I'm happy that i have watched this!.... Despite the fact that I haven't understood all of it.... But there is something magical about this intellectual material.
If anybody in the comments section understood it all. None of them would be in the comments section of YT. Use the parts you understand. Study those that you dont. This is not a simple theory. It is very multi layered. It took him years of study of thr previous system which had been accepted as gospel for a 150 years to figure this out.
Actually, Smith addressed this concept, albeit without Nash's mathematical analysis. What Nash is actually saying is the best result for THE GROUP comes through the collusion of the members, which Smith considered contrary to and ultimately destructive of a free market. Smith believed groups should be prevented from colluding for their own benefit to the detriment of society as a whole.
Seen the movie and I liked it. Sad about the mental illness part. Did not know the details about this form of Statistics (if you think about it, as economics, from my 8th grade Civics Course was presented in that manner --- the voting public's point of view) until this movie. When I took my BS in Mathematics, it was at a small Engineering College (it was upgraded by the State to a University) back then, and the in-class examples given were often from an engineering point of view. As vectors are the bread and butter of many sorts of engineering, and the classes that I generally took were packed with engineering students of one sort or another. And that is how that all worked. Never got around to take a formal class in Number Theory; that's life. Had a lot of fun anyway, as the Professors were very good and frequently funny with their examples. As for the future Nobel Prize winner and how he was treated? And how he faired? Bright folks are often the butt of the society that they live in. Not that many centuries ago, folks that were clever or knew how to read and write, or even useful, were burned at the stake, or put on the Rack, or gratuitously imprisoned. See the book, 'The Inquisition,' for some pretty scary bits. (Been a few decades back, so I don't recall the author, an eye-opener about a pretty dark bit of history.)
This was a quite new theory but made Nash very famous. I can relate to his struggles though as I have schizoaffective disorder. Also, his son developed schizophrenia too. Great movie and bold theory.
5:05 - A prime example of this is planned obsolescence. The first/popular example of this was with the light bulb. Each of the competing companies made terrific products, however, if a light bulb lasts forever, then none of the companies make additional sales once the consumers have their products. The competing companies met and agreed to make a slightly inferior product that would need to be replaced in time. This concept (based on Nash's theory) is built in to many of today's products/companies.
Thank you for sharing this movie, the demonstration through the blond hair lady competition is more accurate than the prisoner theory. I recommend this watch to any student in microeconomics who wants to understand quickly what's olipoly is.
It’s oligopoly, a state of limited competition where a market is shared by a small number of producers or sellers. Versus an oligarchy, where a small number of people or groups have control over a country, organization or institution.
But, as some of you have discovered over time, if a narcissist is in the equation, they are hard wired to unaccept this strategy. Because you are simply a means to their ends. The proof was usually simple on your nights out with them. Any success you had with the opposite sex was sabotaged by their mood and or actions. You were suddenly under attack. My strategy when I went out was to let girls hit on me. Just find some kind lighting, and watch the band. I never went to bars. Only jazz clubs. And when I wound up with a girl, I acted like we already had sex. Relaxed, attentive. I did just fine.
This effect can also be achieved by the old 'blow-before-you-go' method (I call it), where you relieve yourself sexually before going out to a date or similar outing. You will feel far less physiological/biological pressure to find and/or court a new friend/partner... Good Luck to you all, may you find your perfectly compatible mate
I graduated with a BS in econ just a few years before this movie came out and one of my final papers was on this very topic. When the movie came out I felt almost vindicated that a seemingly obscure (to non-economists at least) theory was getting such wide recognition. Too bad I didn't have youtube back then. :) Great work, Anthony Depinto!
BS in economics ?? Wow. What an accomplishment. There is only maybe 30 million people on this earth who can match that amazing milestone. You must be inundated with job offers !! Having a bachelors in todays economy is such a rare thing and it will give u a great leg up on your future. Congrats sir !!
Further revision. The group helps each other and listens to the anomaly. The anomaly then gets to bed the blond. The group beds the first choice excluding the blond and everyone is happy, including the blond
The anomaly will get rejected as he can't talk to a blond and others will probably get rejected as the blond prefers anomaly . Ignoring the blond is in the best interest of everyone.
This is what dispute resolution became: working together to all achieve a mutually achievable goal. An old story was that a group about to meet, one side sent them "getting to yes" and other mutually agreeable books...and then showed up and did old hard negotiations on them...crushed them.
When in reality, to create a favorable outcome , thier output depends on the decision of the other parties i think the context needs a little revision . for me instead of saying their output depends on the decision of the other parties it should be, "Thier output depends on the condition of the other partiers"
Beauty and Brains is what most practically thinking men seek. Is it not? A rock can be beautiful. Conversing with a rock though, can be awful boring. But in the end, it is still just a rock. Although, it can be a quite expensive rock!
Re the film: One could argue the film got it wrong IF the film referred to nash equilibrium, but whoever (in the film) said this was a nash equilibrium? I don't think any character says it. Re this video: I believe a situation where no one goes for the blonde is not a nash equilibrium. i believe a nash equilibrium is when exactly 1 goes for the blonde. Do I misunderstand? en.wikipedia.org/wiki/Chicken_(game)#Best_response_mapping_and_Nash_equilibria
Sorry for being 2 years late. A nash equilibrium is not the best outcome for everyone. Its a situation which, given the alternatives, every player makes the best choice thinking what the other player will do. In fact, the NE (Nash equilibrium) here, is every one going for the blonde. As you can see, the best result is what Russell Crowe explains: Everyone picking the blonde's friends, but that leaves the blonde alone. If the blonde is alone, is a better reward chasing her, so everybody, expecting that the others go for their friends, should try to go for her, so, finally, everyone will go for the blonde as a best response, hence the NE. And as i say at before, its worse for everyone. The way to avoid the NE should involve a kind of punishment: We all go the blonde's friends and whoever who doesnt pays the beer of all of the group for a month (as an example)
@@recarras there were five guys( four friends and Nash) and five girls ( four friends and the blonde). If the four guys other than Nash go for the four friends that leaves Nash to be with the blonde. Unless Nash leaves the bar to go write the governing dynamics revision theorems to Adam Smith's economic theorems.
@@LuisFernando-yd3mx yeah, so? In fact a friend of Nash points that. But that doesnt mean that his friends shouldnt think of going for the blonde as a Best strategy. The alternatives for all are: going for the blonde, going for a friend. The ne Is all of them competing for the blonde. The other equlibrium (1with the blonde AND the other 4 dont), Is not a good Situation for the 4 only for the one that gets the blonde, so the 4 try to get the blonde.
The fact that I had to learn Nash Equilibrium as part of my economics class really shows how important John Nash's contributions to Game Theory really are.
@@AarmOZ84 lol by Noble you mean my High Class Prize as opposed to My Nobel Prize - and just in passing the Nobel in Econ is totally made-up and not even considered a "real" Nobel. But thanks for playing along.
What a life would be to completely indulge to the extent of insanity to the discipline he/she likes whether Art, Science etc. That life would be true heaven, true love.
Yep! One that will either drive you insane with happiness or depravity! The key to long term success and happiness though, is to find some sort of balance, or middle ground between abstract happiness and cold-hearted reality.
In the simplest of terms, John Nash was implementing a WIN-WIN PHILOSOPHY INSTEAD OF WIN-LOSE. Adam Smith is INDEED WRONG. The best implementation of this philosophy is W. Edwards Deming's Principles that have transformed every company where they have been used.
Thank you for that. I was thinking the same thing, but yu put it in simpler terms. 👍🍺 Side note: Michael Scott is also a genius - he went for the Win-Win-Win scenario. 🍻
@@zhihonghuang5203 2:47 "Adam Smith, was wrong" My father use to tell me, you have 2 ears and 1 mouth. Use them in proportion. Try and apply this theory before commenting again.
It seems that nash is overlooking something: if exactly one person goes for the blonde, than the result is exactly the same as his equalibrium...for everyone except for that one person.
Maybe one of the café/bar things in France is the kind of place where you can study but I doubt he would do maths in a bar like that. Some beer might get spilled all over his work.
The bar has 4 Nash equilibrium. In each solution one, and only one, male approaches the blond and the other three males each approach another female. No one blocks the male approaching the blond and no female is a second choice. This solution lets one male bed the blond and each of the other three males bed other females. The outcome is better than all 4 males bedding other females. The problem is that the males have no easy way to determine which of them gets to approach the blond.
That is why none of them should approach the blonde. The Brunettes are a single group. If one does not get a dance partner the other three might dance but they are not going home with the boys and leave their friend. The blonde is part of the set girls but is in her own subset. She can have any man in that room. She can make her own way. She can be the huntress. All the Brunettes are followers and using the blonde for man bait. The men have to dance with them all or they will end up with none.
Adam smith would still be right because (especially in this case) by doing what is best for the group, a man would still be acting in self-interest because he would be doing what is best for himself by doing what is best for the group. What Adam smith is speaking out against is people who are unable to act in self-interest and are forced to act for what the ruling class defines as best for the state.
That is sad, but remember that they lived a long life together and were not separated at death. Imagine if one of them had discovered that the other had died in that accident. Also, Alicia Nash had lived to see her husband recover from his mental illness and be publicly honored for his achievements.
You always are a player in a game, whether it is deciding something based on others around you, or deciding whether to workout at the gym today alone or not; decisions create outcomes and those outcomes affect you and your future decision options - everything is a game. Peace
My problem is that a blonde ghost called Heath Ledger appears with brown, black, orange and grey hair everywhere around me. No matter who I pick, I end up with him. Also John Nash just turned capitalism into communism.
Based upon this scene isn't his economics c*ck blocking theory basically encouraging businesses to collude with one another, which defeats competition and keeps prices from being lower. We don't want monopolies because the lack of competition results in higher prices, less choice, less innovation etc and yet his theory would do the same as companies fail to compete with one another which usually results in lower prices.
Yes, indeed. But also show us when these collusions happen, based in the different outcomes with or without It. Also give us the ability to implement regulations that break the posibility of colusion as a prefered action.
Nash's analysis would encourage five donut makers to diversify into muffins and funnel cakes. Yes the price of donuts might go up -- but maybe not, since muffins compete with donuts.
Aren’t you mixing up the needs of the business person with the needs of the customer? The customer will always seek to buy the lowest price when comparing products of equal value. The seller will always seek the highest possible sales price. The lowest price, though for a product of lesser long term value is usually never the best deal for the buyer.
@@kenwhitfield219 Based upon this scene he's saying that what's best for business is to work with each so no one loses but unfortunately that strategy negates the consumer benefits that comes from competition.
Good scene. Very interesting. However I doubt Nash announced to his fellow students the basis of his new theory when he first thought of it. Somebody could have stole his idea.
Remember this when paying your phone bill. That there’s very little variance among providers, because they all agree to gouge the customer at similar rates.
That's DeBeers theorem - if all of us don't sell diamonds below a certain rate - we all win.
Maximus Decimus Merridius, General of the Felix legions and commander of the armies of the North is a math genius, too? It's not fair. He needs to be stopped...
Russell Crowe had a reputation for assaulting paparazzi.
It stopped when he got in trouble for throwing a phone at his assistant. But then he was eventually reborn as Zeus.
@@shabeki Liam Neeson is the one and only Zeus in my book. I don't think anybody can outdo him.
@@chriszablocki2460 Neeson was a way better Zeus. Crowe's was comical.
@@shabeki at least you didn't start worshiping some circle k clerk without him knowing or something.
I remember learning about the Nash Equilibrium in my Microeconomics course when I pursued my Bachelor in Economics. It's a really cool and valid concept. Probably hard for the average man to come up with, yet it's so simple and logical. Also, this movie is great and I should watch it again soon.
I remember learning about the Nash Equilibrium in my kindergarten when I got bored about quantum physics.
I remember learning about the Nash Equilibrium when I was banging two chicks at the same time.
@@Qmr1013 thanks for your comment that shows people can understand the equilibrium but don't get the slightest sense of humour.
I'm shit at mathematics but it makes sense. Here's the problem, if the pursuit is resources you have to assess what is your threshold for acceptable outcome. So rather than chasing the ultimately desirable item, you try to create an equilibrium with others that have similar desires. Good and that means satisfaction in business, sufficient resources to seek out more business and have prosperity. The question becomes how much is enough? It seems that free market competition would also create an equilibrium. For instance if monopolies can't be formed, then a relatively level playing ground is created for parties.hierarchies and competition is inevitable, but regulated business has the ability to create an environment in which multiple parties can pursue their Interest.
@@MrGino714 You're wicked smaht!
That was the reasoning behind Odysseus choice to ask for Penelope’s hand instead of Helen who was sought after anyone who set eyes on her. He knew his chances were small in a competition with another 10-15 possible mates, so he opted for the safe choice and he was arguably lucky as well, as he took a beautiful and extremely loyal wife.
Didn't his wife cheat on him while he was returning from war?
Ulysses realized that for every beautiful woman in the world - there is a dude who is tired of putting up with her 5hit - take note my dudes
Well the word logic has its origin in the greek logos
I used the Nash Equilibrium in my trial practice. As a lawyer, I would determine what was a fair and just result for society, and I would also determine what was best result for my client. Where these two areas overlapped is what I would argue to the jury. In the interest of Justice and Fairness I would give up everything else to my adversary. I won over 80% of my trials using this approach. Thank you John Nash!
That's brilliant.
YOU ARE briliant.
I studied economics, and, obviously, I learned about Nash Equilibrium as well.
And I'm thrilled, that this theory, his theory can also be used in law practice. I got goosebumps for crying outloud. 🤣😁
The application of this theory is boundless, endless. Amazing.
Thank you so much for your inspiration.
And, best of luck for your practice.
(Damn, I wish I had you as my lawyer.)
@@mrhrn9315 thank you, and most of the credit for this idea come from and goes to John Nash. It makes me smile to think this whole idea may be a result of a dating strategy, so a guy can get a girl to go home with him and have sex. 💘💘💘
Settlements?
But did you win 80% because of this OR you're just good at debating/arguments?
@@zhihonghuang5203 I was a talented lawyer. But, after I applied John Nash’s ideas, I won even more cases. It was as if a new way of arguing about Justice was opened up to me. Think about it. It’s hard to argue against a guy who is arguing for justice. What’s left? The wrong and unjust cause?
Though they take cinematic license, the impact of this discovery on decision making across so many fields is indeed something that needs to be appreciated.
seems pretty self explanatory to me, going by the text alone ofc
@@hotdog9262 I think most people who watched this movie actually understood the Game of Go Scene.
Go is not exactly a common American game it's way more popular in Asian Countries like Korea or Japan. But when Nash says the Game is flawed after he loses to the obvious prick of the movie, it's actually the first clue the real life Nash stumbled across in his theory.
Modern day Go tried to compensate for the issue Nash discovered with a Komi system that variants between 3.5 to 6.5 points and that's kind of insane discrepancy compared to like Chess. Imagine if you showed up to a Chess tournament and the rules shifted for how many pawns are you allowed on the opening position.
lol... anyone that really knows about this - knows that it really does not work in real life
@@JamesJoyce12 Not just that. This movie and this scene don't present Nash equilibrium correctly. Nash equilibrium would be achieved if they first created a draw and who ever gets picked gets the blonde. Then three others can go after four other girls. That would be Nash equilibrium, since it would be the optimal solution.
Loved the "Ok" caption at the end. LOL
“I will not buy you gentlemen beer”🤣
i love this movie so much. sometimes makes me cry.
Game Theory was laid out by John von Neumann and Oskar Morgenstern in Theory of Games and Economic Behavior. Nash discovered the equilibrium point, for which he is justifiably celebrated.
Plato goes over game theory thousands of years earlier ;)
@@seanvassar1117 And incorrectly.
@@SSNewberry I don't agree with a lot of the Republic but it does explain prisoner’s dilemma.
Writing a comment to rember
Idk why I'm happy that i have watched this!.... Despite the fact that I haven't understood all of it.... But there is something magical about this intellectual material.
If anybody in the comments section understood it all.
None of them would be in the comments section of YT.
Use the parts you understand.
Study those that you dont.
This is not a simple theory.
It is very multi layered.
It took him years of study of thr previous system which had been accepted as gospel for a 150 years to figure this out.
Big up my Nigzino Salim
Everyone in the group doing what's best for himself and the group....YES
Actually, Smith addressed this concept, albeit without Nash's mathematical analysis. What Nash is actually saying is the best result for THE GROUP comes through the collusion of the members, which Smith considered contrary to and ultimately destructive of a free market. Smith believed groups should be prevented from colluding for their own benefit to the detriment of society as a whole.
You are wise.
The explanation at the end was great. Thanks.
Seen the movie and I liked it. Sad about the mental illness part. Did not know the details about this form of Statistics (if you think about it, as economics, from my 8th grade Civics Course was presented in that manner --- the voting public's point of view) until this movie. When I took my BS in Mathematics, it was at a small Engineering College (it was upgraded by the State to a University) back then, and the in-class examples given were often from an engineering point of view. As vectors are the bread and butter of many sorts of engineering, and the classes that I generally took were packed with engineering students of one sort or another. And that is how that all worked. Never got around to take a formal class in Number Theory; that's life. Had a lot of fun anyway, as the Professors were very good and frequently funny with their examples. As for the future Nobel Prize winner and how he was treated? And how he faired? Bright folks are often the butt of the society that they live in. Not that many centuries ago, folks that were clever or knew how to read and write, or even useful, were burned at the stake, or put on the Rack, or gratuitously imprisoned. See the book, 'The Inquisition,' for some pretty scary bits. (Been a few decades back, so I don't recall the author, an eye-opener about a pretty dark bit of history.)
This was a quite new theory but made Nash very famous. I can relate to his struggles though as I have schizoaffective disorder. Also, his son developed schizophrenia too. Great movie and bold theory.
Nash was also bisexual
@@pbabuik my grandfather went to school with him and he told me he wasn't gay but that John was a raging necrophilia
The film does a perfectly acceptable job of explaining this mathematical concept. No subtitle commentary is necessary.
Crowe is a delight in the bar scene. Watch the interplay of his hands, head, and face, right down to how he involves his fingers. Brilliant.
5:05 - A prime example of this is planned obsolescence. The first/popular example of this was with the light bulb. Each of the competing companies made terrific products, however, if a light bulb lasts forever, then none of the companies make additional sales once the consumers have their products. The competing companies met and agreed to make a slightly inferior product that would need to be replaced in time. This concept (based on Nash's theory) is built in to many of today's products/companies.
Thank you for sharing this movie, the demonstration through the blond hair lady competition is more accurate than the prisoner theory. I recommend this watch to any student in microeconomics who wants to understand quickly what's olipoly is.
It’s oligopoly, a state of limited competition where a market is shared by a small number of producers or sellers. Versus an oligarchy, where a small number of people or groups have control over a country, organization or institution.
It is amusing being completely out of my mind and watching this whilst trying to predict the exact placement of every prime number.
The funniest part about this scene is that there were actually 5 females and 5 males, just in case no one caught that.
You just discovered "boo-boo theory" - if some does a miscalculation - and spew it as fact - does the theory's outcome still be the same?
Seem like logical and good Negotiation. I wish I new how such a concept is written mathematically.
But, as some of you have discovered over time, if a narcissist is in the equation, they are hard wired to unaccept this strategy. Because you are simply a means to their ends. The proof was usually simple on your nights out with them. Any success you had with the opposite sex was sabotaged by their mood and or actions. You were suddenly under attack. My strategy when I went out was to let girls hit on me. Just find some kind lighting, and watch the band. I never went to bars. Only jazz clubs. And when I wound up with a girl, I acted like we already had sex. Relaxed, attentive. I did just fine.
This effect can also be achieved by the old 'blow-before-you-go' method (I call it), where you relieve yourself sexually before going out to a date or similar outing. You will feel far less physiological/biological pressure to find and/or court a new friend/partner... Good Luck to you all, may you find your perfectly compatible mate
What a bizarre coincidence. A guy named John Nash discovered the Nash Equilibrium. What are the odds?
Yes, this is very suspicious. Maybe he changed his name after the discovery to trick us all into thinking, that he had that much luck.
@@cfusername lol
I graduated with a BS in econ just a few years before this movie came out and one of my final papers was on this very topic. When the movie came out I felt almost vindicated that a seemingly obscure (to non-economists at least) theory was getting such wide recognition. Too bad I didn't have youtube back then. :)
Great work, Anthony Depinto!
BS in economics ?? Wow. What an accomplishment. There is only maybe 30 million people on this earth who can match that amazing milestone. You must be inundated with job offers !! Having a bachelors in todays economy is such a rare thing and it will give u a great leg up on your future. Congrats sir !!
@@smartyjonez5470 Sounds like you also have a BS in econ. Either that or you're just an asshole. Basically a coin toss.
@@smartyjonez5470 having a bachelors in any field will get you nowhere nowadays bonehead. You can even argue that one is better off without a BS
Morpheus: '...were you listening to me, or watching the girl in the red dress?"
This is the way.
I've been talking about Nash equilibrium for a while when discussing poker. Didn't even consider this is the man it is named after.
Further revision. The group helps each other and listens to the anomaly. The anomaly then gets to bed the blond. The group beds the first choice excluding the blond and everyone is happy, including the blond
The second in charge won't accept it. He already stated it.
The anomaly will get rejected as he can't talk to a blond and others will probably get rejected as the blond prefers anomaly . Ignoring the blond is in the best interest of everyone.
I was a crazy nut about this movie when it came. Got to get back into academics!
Imagine loving someone who does not exist outside of your head.
I once read an econ textbook that said this example from this movie is incorrect.
From winter into spring he worked look at the trees
Oh wow I didn’t catch that. I just assumed it was for 24 to 48 hrs. Thx for the catch.
This is what dispute resolution became: working together to all achieve a mutually achievable goal. An old story was that a group about to meet, one side sent them "getting to yes" and other mutually agreeable books...and then showed up and did old hard negotiations on them...crushed them.
I just noticed the two nerds from Dazed and Confused is in this movie.
Now we are learning this in game theory
Pure Strategy Nash Equilibrium.
Nash was absolutely right. He should have worked under-cover for some secret intelligence agency or something. Quick, sign him up. OH!!!
When in reality, to create a favorable outcome , thier output depends on the decision of the other parties i think the context needs a little revision . for me instead of saying their output depends on the decision of the other parties it should be, "Thier output depends on the condition of the other partiers"
Never stop your grind brothers, don't get distracted by blondes. This world needs strong men.
Beauty and Brains is what most practically thinking men seek. Is it not? A rock can be beautiful. Conversing with a rock though, can be awful boring. But in the end, it is still just a rock. Although, it can be a quite expensive rock!
@@kenwhitfield219 Conversing with a beauty won't feed the world.
very very beatiful story.
Yes indeed, a beautiful mind....
Horse manure served on a platter. The movie was marketed to average minds and no one here, not one , has researched what this Nash hypothesis was.
I just thought about nash equilibrium yday, now youtube is recommending this video. Such a scary shit.
An nane frim your Professor,too
Albert schweitzer in that scene
Re the film:
One could argue the film got it wrong IF the film referred to nash equilibrium, but whoever (in the film) said this was a nash equilibrium? I don't think any character says it.
Re this video:
I believe a situation where no one goes for the blonde is not a nash equilibrium. i believe a nash equilibrium is when exactly 1 goes for the blonde. Do I misunderstand? en.wikipedia.org/wiki/Chicken_(game)#Best_response_mapping_and_Nash_equilibria
He's the one that goes for the blonde since as is seen in the video the other four go for the four women after going for the blonde.
Sorry for being 2 years late. A nash equilibrium is not the best outcome for everyone. Its a situation which, given the alternatives, every player makes the best choice thinking what the other player will do. In fact, the NE (Nash equilibrium) here, is every one going for the blonde. As you can see, the best result is what Russell Crowe explains: Everyone picking the blonde's friends, but that leaves the blonde alone. If the blonde is alone, is a better reward chasing her, so everybody, expecting that the others go for their friends, should try to go for her, so, finally, everyone will go for the blonde as a best response, hence the NE. And as i say at before, its worse for everyone. The way to avoid the NE should involve a kind of punishment: We all go the blonde's friends and whoever who doesnt pays the beer of all of the group for a month (as an example)
@@recarras there were five guys( four friends and Nash) and five girls ( four friends and the blonde). If the four guys other than Nash go for the four friends that leaves Nash to be with the blonde. Unless Nash leaves the bar to go write the governing dynamics revision theorems to Adam Smith's economic theorems.
@@LuisFernando-yd3mx yeah, so? In fact a friend of Nash points that. But that doesnt mean that his friends shouldnt think of going for the blonde as a Best strategy. The alternatives for all are: going for the blonde, going for a friend. The ne Is all of them competing for the blonde. The other equlibrium (1with the blonde AND the other 4 dont), Is not a good Situation for the 4 only for the one that gets the blonde, so the 4 try to get the blonde.
The fact that I had to learn Nash Equilibrium as part of my economics class really shows how important John Nash's contributions to Game Theory really are.
The fact that you learn it in University Econ shows how truly useless it must be.
@@JamesJoyce12 So where is your Noble Prize in Economics? 🤔
@@AarmOZ84 lol by Noble you mean my High Class Prize as opposed to My Nobel Prize - and just in passing the Nobel in Econ is totally made-up and not even considered a "real" Nobel. But thanks for playing along.
@@JamesJoyce12 If it is totally made up, then why does it actually exist? 🤔
Paul Bettney and Russel Crowe - remake of Master and Commander at a University campus… 😄
Master and Commander is so, so good.
What a life would be to completely indulge to the extent of insanity to the discipline he/she likes whether Art, Science etc. That life would be true heaven, true love.
Show me a man who loves his work and I will show you a man who has never worked or will work a day in his life.
Yep! One that will either drive you insane with happiness or depravity! The key to long term success and happiness though, is to find some sort of balance, or middle ground between abstract happiness and cold-hearted reality.
So he invented the “co-op”
Or like what Rey-nah-doh from the Wire would call a “coupe”....papi
Then this Woman turned old and said "I helped him Inventing this"
It should have been called 'the natural equilibrium' - as it is.
In the simplest of terms, John Nash was implementing a WIN-WIN PHILOSOPHY INSTEAD OF WIN-LOSE. Adam Smith is INDEED WRONG. The best implementation of this philosophy is W. Edwards Deming's Principles that have transformed every company where they have been used.
Thank you for that. I was thinking the same thing, but yu put it in simpler terms. 👍🍺
Side note: Michael Scott is also a genius - he went for the Win-Win-Win scenario. 🍻
i stepped here, 30 jan 2022. Who else?
Me buddy!!
28 June 2022
The beginning of this scene is so similar to the American Psycho scene... purist will know which scene.
Ironically Nash Equilibrium doesn't disprove Smiths theory on economics. If anything it actually enhances that argument.
He did say it was incomplete.
@@zhihonghuang5203
2:47 "Adam Smith, was wrong"
My father use to tell me, you have 2 ears and 1 mouth. Use them in proportion. Try and apply this theory before commenting again.
@@TheAndorianWarrior - "it was incomplete" - my dad told your dad to stfu.
That teacher looks almost identical to a tutor I had a college
It seems that nash is overlooking something: if exactly one person goes for the blonde, than the result is exactly the same as his equalibrium...for everyone except for that one person.
similar to scene in the imitation game
Maybe one of the café/bar things in France is the kind of place where you can study but I doubt he would do maths in a bar like that. Some beer might get spilled all over his work.
Your comment is in error. Nash did not discover Game Theory it was John Von Neummann
The bar has 4 Nash equilibrium. In each solution one, and only one, male approaches the blond and the other three males each approach another female. No one blocks the male approaching the blond and no female is a second choice. This solution lets one male bed the blond and each of the other three males bed other females. The outcome is better than all 4 males bedding other females. The problem is that the males have no easy way to determine which of them gets to approach the blond.
They should do repeated game.
That is why none of them should approach the blonde.
The Brunettes are a single group.
If one does not get a dance partner the other three might dance but they are not going home with the boys and leave their friend.
The blonde is part of the set girls but is in her own subset.
She can have any man in that room. She can make her own way. She can be the huntress.
All the Brunettes are followers and using the blonde for man bait.
The men have to dance with them all or they will end up with none.
Yeah okay, but that blonde was ready to plow
Adam smith would still be right because (especially in this case) by doing what is best for the group, a man would still be acting in self-interest because he would be doing what is best for himself by doing what is best for the group. What Adam smith is speaking out against is people who are unable to act in self-interest and are forced to act for what the ruling class defines as best for the state.
that's what pharmaceuticals did with c19: they divided the markets: some manufactured jabs, some tests, some treatments.. they didn't compete.
So satisfying to see Adam Smith’s idea being dismantled in a mainstream Hollywood film
The father of company price fixing
Might've been a good idea to put some music behind that text you wanted to share.
I hate the idea he and his wife died in a car accident.
They did?
@@michaelharkins4645 yes sad in New York some years ago.
That is sad, but remember that they lived a long life together and were not separated at death. Imagine if one of them had discovered that the other had died in that accident. Also, Alicia Nash had lived to see her husband recover from his mental illness and be publicly honored for his achievements.
@@sanjivjhangiani3243 Thanks for sharing this positive way of looking at this, thanks.
Adam Smith to econ is politics individual ambition serves the common hope because it is in the interest of thought
As a result reminder to call me when you're struck
I suppose you could say Nash had a Vision 😉
Not 4 idiots, but 4 serious mathematicians.
An handnotice waa it again the same from me personly here in whitenlake 2042 and 2044
What is captain America doing in this equation.
How about a flat refusal to engage in absurd games?
🧂❤️
You always are a player in a game, whether it is deciding something based on others around you, or deciding whether to workout at the gym today alone or not; decisions create outcomes and those outcomes affect you and your future decision options - everything is a game. Peace
Girls in group like that are always playing games. Wing-women are just as practical as wing-men!
After the Nobel Prize was awarded, did they ever go back and find the blonde who was responsible for the idea of Nash Equilibrium?
With such powerful tools, why is the world in so much chaos, and why are income disparities growing from year to year?!?
Who benefits?
the woman got the answer of that Thank You after watching this Movie
My problem is that a blonde ghost called Heath Ledger appears with brown, black, orange and grey hair everywhere around me. No matter who I pick, I end up with him. Also John Nash just turned capitalism into communism.
The blond can not be ignored
Based upon this scene isn't his economics c*ck blocking theory basically encouraging businesses to collude with one another, which defeats competition and keeps prices from being lower. We don't want monopolies because the lack of competition results in higher prices, less choice, less innovation etc and yet his theory would do the same as companies fail to compete with one another which usually results in lower prices.
Yes, indeed. But also show us when these collusions happen, based in the different outcomes with or without It. Also give us the ability to implement regulations that break the posibility of colusion as a prefered action.
Nash's analysis would encourage five donut makers to diversify into muffins and funnel cakes. Yes the price of donuts might go up -- but maybe not, since muffins compete with donuts.
Aren’t you mixing up the needs of the business person with the needs of the customer? The customer will always seek to buy the lowest price when comparing products of equal value. The seller will always seek the highest possible sales price. The lowest price, though for a product of lesser long term value is usually never the best deal for the buyer.
@@kenwhitfield219 Based upon this scene he's saying that what's best for business is to work with each so no one loses but unfortunately that strategy negates the consumer benefits that comes from competition.
Unfettered capitalism actually causes monopoly and leads to universal peonage. Read London’s *The Iron Heel.*
Good scene. Very interesting.
However I doubt Nash announced to his fellow students the basis of his new theory when he first thought of it. Somebody could have stole his idea.
Oh, it's guy from American Psycho!
Ok.
pulled a lex fridmann
Maybe I'm the only one, but I didn't need Nash's lecture on governing dynamics to know not to go for the blonde.
Lol. Nash could have since the blonde was giving him signals. Of course Nash being Nash in the movie at that point he surely would have blown it.
Metaphysics. Enough said 😊
it worked for GameStop
So this equal theory, youre saying all gamers in video games are genius because we all play the " turtle" move?
2:22 💕
The anti-simp equation
Incomplete, incomplete!!!
Cornout - Nash equilibrium
Nash Equilibrium = cartel economics?
I don’t understand any of it but still cool
Ok
ok.
To think that a Blonde caused this, just had me LMAO yes!
'Every Man for himself!'
'Let the Hunger Games begin!'
Oops...wrong Movie! 🤣🤣🤣
So, nobody bangs?