economic theory

Close up of printed text about King Solomon, reading "Solomon. A wise King. Solomon was David's son. He followed David as king of..."

Good decisions can be systematised. We are tantalisingly close, but there’s work to do yet.

John Nash

John Nash’s contributions to Game Theory opened the door to modern economic theory, helping us understand issues from the Cold War to how to promote efficiency in markets and deter crime, say Carlos Pimienta and Gabriele Gratton.