Wednesday, November 21, 2007

Min Max = Max Min

If you imagine a faucet with hot and cold water, the Nash equilibrium can be demonstrated. With a little hot water and a lot of cold water, you get warm water. Then, if you vary the knobs of hot and cold water the right way, you can have more hot water then cold. Nash proved that of done correctly, you can always have the water be the same temperature while turning the knobs continuously.


Correct me if I am wrong.


Steven Viemeitser
rtisbute

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