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The classical definitions of free competition all involve further postulates besides the greatness of that number. E.g., it is clear that if certain … - John von Neumann
" "The classical definitions of free competition all involve further postulates besides the greatness of that number. E.g., it is clear that if certain great groups of participants will — for any reason whatsoever — act together, then the great number of participants may not become effective; the decisive exchanges may take place directly between large “coalitions,”1 few in number, and not between individuals, many in number, acting independently. Our subsequent discussion of “games of strategy” will show that the role and size of “coalitions” is decisive throughout the entire subject.
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About John von Neumann
John von Neumann (28 December 1903 – 8 February 1957) was a Hungarian-American-Jewish mathematician, physicist, inventor, computer scientist, and polymath. He made major contributions to a number of fields, including mathematics (foundations of mathematics, functional analysis, ergodic theory, geometry, topology, and numerical analysis), physics (quantum mechanics, hydrodynamics and quantum statistical mechanics), economics (game theory), computing (Von Neumann architecture, linear programming, self-replicating machines, stochastic computing), and statistics.
Biography information from Wikiquote
Also Known As
Native Name:
margittai Neumann János Lajos
Also Known As:
Good Time Johnny
Alternative Names:
John Von Neumann
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Janos Lajos Neumann
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János Lajos Neumann
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von Neumann
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Neumann János Lajos
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John Louis von Neumann
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Additional quotes by John von Neumann
He notes that the output of neurons is digital: an axon either fires or it doesn’t. This was far from obvious at the time, in that the output could have been an analog signal. The processing in the dendrites leading into a neuron and in the soma neuron cell body, however, are analog. He describes these calculations as a weighted sum of inputs with a threshold.
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