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Game theorists have studied the concept of Nash equilibrium since it was defined by mathematician and economist John Forbes Nash in 1950. But what is Nash equilibrium? And how does it fit into the "Games" that theorists study? Drew Fudenberg, the Frederick E. Abbe Professor of Economics at Harvard University, addressed both questions during his April 15 talk, "Learning in Games," at the Kellogg School. A renowned scholar of game theory, Fudenberg was the invited speaker at the school's 2009 Nancy L. Schwartz Memorial Lecture. The annual series addresses important issues in current economic theory.
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