Wednesday, November 02, 2011
John Nash in person
This time he discussed some of his recent papers which tried to explain how seemingly cooperative, even altruistic, behaviour can arise out of self-interest in game theory. During the question and answer period, I asked him, based on his work, whether he believed that there were no truly altruistic behaviour, that all such behaviour can be explained by motivations of self-interest. He answered at length, at one point mentioning the economic and market situation in Hong Kong. Unfortunately, I was sitting too far from him to hear his answer very clearly. But I believe he was rather critical of some of the things that he observed in the market.
It was quite an experience to hear him speak, even though much of the mathematics was quite difficult to follow.