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1950 in science
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==Mathematics== * [[John Forbes Nash, Jr.]] proposes the [[Nash equilibrium]] in [[game theory]], initially in his [[Princeton University|Princeton]] [[Doctor of Philosophy|doctoral]] [[thesis]].<ref>{{citation|first=M. J.|last=Osborne|year=2004|title=An Introduction to Game Theory|publisher=Oxford University Press|page=23}}</ref><ref>{{cite journal|title=Equilibrium Points in N-person Games|journal=[[Proceedings of the National Academy of Sciences]]|year=1950|pages=48β9|issue=1|pmid=16588946|last=Nash|first=J. F.|volume=36|pmc=1063129|doi=10.1073/pnas.36.1.48 |mr=0031701|bibcode = 1950PNAS...36...48N |doi-access=free}}.</ref><ref>{{cite journal|last=Nash|first=J. F.|title=The Bargaining Problem|journal=[[Econometrica]]|year=1950|pages=155β62|volume=18 |issue=2|mr=0035977|doi=10.2307/1907266|jstor=1907266}}.</ref> * The [[prisoner's dilemma]] is framed by [[Merrill Flood]] and [[Melvin Dresher]] at [[RAND Corporation|RAND]] and formalized and named by [[Albert W. Tucker]].<ref>{{cite book|last=Poundstone|first=William|year=1992|title=Prisoner's Dilemma|publisher=Doubleday|location=New York|isbn=978-0385415675|url=https://archive.org/details/prisonersdilemma00poun}}</ref>
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