The Foundation of Game Theory: John Von Neumann

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This research piece dives into the life of John Von Neumann, which was primarily one of mathematical and economic study. He was able to create the foundations of game theory, an invaluable model for decision-making in business and finance. He also made large contributions to the mathematical and physics-oriented worlds through his self-replicating automata and participation in the infamous Manhattan Project. This research also makes note of the importance of critical thinking and innovation in society, and discusses the different ways in which John Von Neumann embodies this sort of intellectual spirit. The early and personal histories of Von Neumann are also addressed.
Keywords: John Von Neumann, Mathematics, Mathematician, Game Theory, Automata, Economics, Innovation
The Mathematic, Scientific, and Economic Accomplishments of John Von Neumann
Living as royalty in Hungary and dividing eight-digit numbers in his head before age six, it was only a matter of time before John Von Neumann would go on to create some of the world’s most important economic theories and mathematical models (Poundstone, 1992; Burks, 1966). Neumann not only founded the study of game theory, but was also the first man to create a self-replicating machine without the use of a computer (Burks). These achievements also led to his principal membership in the Manhattan Project, one of the most globally influential scientific initiatives (Regis, 1992). John Von Neumann’s story is one of intense intellectual curiosity, and his achievements are nothing short of fascinating.
Early Life and Background
John Von Neumann, born in Budapest and raised in a wealthy family of five, would seemingly have little interest in becoming a mathematician (Blair, 1957). Emperor...

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... logic-based Self-Replicating cellular automata, Von Neumann sparked important research in the fields of computation, mechanics, and evolutionary biology (Burks, 1996). And, finally, Von Neumann played an integral part in helping to develop the nuclear bombs that were used to end the second World War (Atomic Archive, 2014). While it is important to recognize the value that these accomplishments have given to our current society, it is even more important to appreciate and search for the driving factor behind them. Nurturing and developing intellectual curiosity is what leads to innovation, and Von Neumann sets a perfect example of dedication and creative reasoning. Through the development of his works and the appreciation of his zeal for discovery, we can continue to push the boundaries of knowledge and innovate in ways that would make John Von Neumann proud.

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