Monday, October 24, 2016

No One Bids for John Nash Nobel Prize

John Nash received a Nobel Prize in economics for his work in game theory.

It was estimated by the auction house Sotheby's that the medal would go for between $2.5 million and $4 million.

No one bid for the medal.

What a spectacular way to witness disrespect of a theory that I view as having little practical value.

(And his theory about which women to pick up in a group, as portrayed in the film A Beautiful Mind, was all wrong.)