MM 5005 Business Economics

Sufian (29112017) X 47 MBA ITB

Summary of A Beautiful Mind movie (2001)

Release Date: 2001-12-21 Running Time: 134 mins. Genre: Adaptation, Biopic, Drama Film stars: Russel Crowe, Ed Harris, Jennifer Connely, and Paul Bettany

This film is based loosely on the book of the same name by Sylvia Nasar, A Beautiful Mind (2001). This true story-film won the Academy Award for best picture in 2001 and it chronicles the life of John Nash, a mathematician at Princeton who is noted for his pioneering work on general equilibrium theory. In the movie, Nash's eureka moment occurs while he is with his friends in a bar. Five girls enter the establishment and Nash and his friends start contemplating who will get the blonde. He surprises his colleagues with the question that if we all want the same woman, nobody wins, if we all go after her friends, nobody wins, thus there must be a solution to ensure that everyone wins. With that, Nash writes a formula on a napkin, rushes out of the bar and spends the next few months writing his treatise on general equilibrium theory. West Virginian John Nash earned a Ph.D. in mathematics from Princeton for foundational work on the theory of noncooperative games, published in 1950. The twist of the movie, which happens about halfway through, is that Nash is suffering from a severe form of schizophrenia, and half of the situations/places that exist in his life, are only part of his beautiful mind. He no longer can think right, feel right, or act right. Battling decades of illness with the loyal wife, Alicia, by his side, Nash is ultimately able to gain some control over his mental state. This is the turning point of the movie, where Nash learns how to really live his life. Nash learns that life is more than making a discovery, or solving an equation. There is love and emotion involved; A wife, taking care of your baby, and the everyday joys of life. Nash eventually earns the privilege of teaching again. In 1994, he is honored by his fellow professors for his achievement in mathematics, and goes on to win the Nobel Memorial Prize in Economics for his revolutionary work on game theory (Game theory is an analytical tool(s) to guide us to understand the phenomena behind the way decision-makers interact e.g., voting, elections, dating), he was only 21 when he wrote his paper. His theories are used in market economics, computing, evolutionary biology, artificial intelligence, accounting and military theory. MM 5005 Business Economics Sufian (29112017) X 47 MBA ITB