This economist claimed that a world reserve currency from a country whose central bank controls itsinflation rates could act as an asymptotically ideal money, such as the euro.
This economist claimed that a world reserve currency from a country whose central bank controls itsinflation rates could act as an asymptotically ideal money, such as the euro. This economist's paper"The Bargaining Problem" highlighted the importance of anticipation in negotiations. He used theBrouwer fixed-point theorem, rather than the Kakutani theorem, to expand on the work of John vonNeumann  (NOY-mahn) and Oskar Morgenstern in showing that non-cooperative scenarios always haveat least one equilibrium. This subject of a biography by Sylvia Nasar names a scenario in which noplayer can improve their outcome by changing their strategy. For 10 points, name this pioneer of gametheory who names an equilibrium and was the subject of the book A Beautiful Mind.
This economist claimed that a world reserve currency from a country whose central bank controls itsinflation rates could act as an asymptotically ideal money, such as the euro.
John Nash