A Beautiful Mind (Adam Smith was wrong)




   The best moment of the movie. Adam Smith's Theory was incomplete."Best result comes from everyone in the group doing what's best for himself. Incomplete. Incomplete. Because the best result will come when everyone in the group doing what's best for himself and the group."
  Uploaded: January 16, 2007 at 9:51 am
  Author: clinisbud
  Length: 00:02:37
  Rating: 4.84
  Views: 96844
  Tags: smith beautiful john movie clip adam russell crowe mind nash
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BlondeHeart (November 18, 2008 at 1:30 am)
Ahhh!!! Hes so brilliant, i love it!!!!And the blonde's facial reaction when he says "uhh thank you!" and hurries off, is pricelesssss
ad3ly (November 16, 2008 at 10:20 am)
in other word, he's wrong. (simply said)
perunatic (November 11, 2008 at 11:18 pm)
Can any of the thumbdowners explain why it is nor, as I assert, a fallacy to claim that, in terms of feminine beauty, there is only one peak and then a plateau in this, or any other similar, scenario?It's a continuum stupids!
omair777 (November 7, 2008 at 12:18 pm)
could it be the case that Nash is using 'carrot and stick'... cuz he eventually gets the bolde ;)
Gettinghitonattheban (October 31, 2008 at 3:56 pm)
He never was really "wrong". He was half right, just "incomplete".
perunatic (October 30, 2008 at 10:57 pm)
A deeply contrived scenario in which any woman who is not the blond is assumed to be on an equal footing in terms of attractiveness, thus, in order to obviate rivalry, the blond simply has to be eliminated. This scenario is bullshit. Take out the most beautiful target and all of the men would go for the next most beautiful target, result: same squabble over a less valuable target. Pseudo-intellectual pap!
KlaxonCow (October 26, 2008 at 2:09 pm)
(And we can all laugh at the irony that everyone here is pursuing their own individual self-interest trying to show that they are smarter than everyone else - but because you're all doing it, you're blocking each other and descending into an argument, that's making none of you look particularly smart.)
KlaxonCow (October 26, 2008 at 1:53 pm)
The movie does not claim anywhere that it's showing a Nash Equilibrium. Watch the scene again and you won't find anything at all to indicate that.

You're making a presumption beyond the available evidence (assuming this is about NE, just because Nash is involved), and then condemning the movie for not matching what you thought it should be showing, rather than actually criticising what's there.

Which is entirely missing the point.
KlaxonCow (October 26, 2008 at 1:52 pm)
I think people are somewhat missing the point.

It's not supposed to be showing the Nash Equilibrium. Nowhere in the dialogue is that implied or stated.

By this point in the movie, Nash would not have a mature "game theory" in mind.

This scene is only supposed to show Nash come to the realisation that individual self-interest does not always produce the best overall result.
codehacker84 (October 25, 2008 at 7:45 pm)
Precisely, no one could track the others' moves and therefore no one knew what the other parties were doing. Therefore everyone acted in their own self-interest, blocked each other, and brought the system crashing down. It wasn't a failure in behavior that brought the system down, it was adherence to the generally-accepted rules of human behavior (i.e. Smith's model).
intermender (October 25, 2008 at 1:59 am)
i don't think the sub-prime mortgage was anything to do with a failure in human behaviour: they just lost track of where all the risk was, i.e there wasn't proper traciblity or record keeping (it was off-balance sheet).
hormuzmentor (October 23, 2008 at 8:03 pm)
Indeed, that is what the real Nash predicts in the real nash equilibrium

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