FAQ About John von Neumann
Can you explain John von Neumann's role in game theory?
John von Neumann is one of the founders of game theory, a mathematical framework for analyzing competitive situations where the outcomes depend on the actions of multiple agents. His 1928 paper on "Theory of Games and Economic Behavior," co-authored with Oskar Morgenstern, laid the groundwork for the strategic analysis of games, introducing key concepts such as the minimax theorem.
