Nobel Prize-Winning Economist Holds Lecture at Scranton

John F. Nash, Jr., Ph.D., recipient of the Nobel Prize in Economics in 1994 and subject of the 2001 film “A Beautiful Mind,” delivered the annual Harry Mullin, M.D., Memorial Lecture at The University of Scranton Nov. 17. The lecture was presented to a standing-room-only audience of nearly 800 at the Houlihan-McLean Center.

Dr. Nash is best known for his work in game theory, which focuses on how people interact in situations where binding agreements can be made and situations where they cannot be made, also known as cooperative and non-cooperative games. His theories on the forces that govern chance and events have been influential in numerous fields, including market economics, artificial intelligence, politics and military strategy. He was awarded the Nobel Prize for one of his most well-known concepts, the Nash equilibrium.

To read the full article, available on, click here. (The article was written by Cory Burrell '14, a student correspondent.)