Welcome to The Nash Institute

The John Nash Institute (JNI) is named after John Forbes Nash Jr., an American mathematician and game theorist who was jointly awarded the 1994 Nobel Prize in Economics. The aim of the JNI is to promote Nash bargaining to achieve UK public policy goals.

"Here I think of the possibility that a good sort of international currency might EVOLVE before the time when an official establishment might occur"
~ John Nash

John Nash’s game theory was based on John’s belief the proper route of travel to the ultimate truth can only be reached through experimental economics in relation to games played by human players.

Nash’s original bargaining solution which was published in 1950, was an axiomatic solution of idealizations determining a non-zero sum outcome among two players who each maximise their welfare. Nash equated this solution to small amounts of money, and in later life toured the world and lectured on Ideal Money in the years prior the release of Bitcoin.

The Nash program which subsequently developed from the early literature is generally understood to be non-cooperative analysis of Nash’s cooperative bargaining. The Nash Institute promotes Nash bargaining to achieve public policy goals, with the main assumption being Bitcoin is a non-cooperative and self-enforcing implementation of Nash’s Ideal Money proposal and that furthermore John Nash is the most realistic Satoshi Nakamoto candidate.


Latest Blog

25/10/2024

The Nash Institute: A New Policy Forum on the Block

Introducing a policy forum which promotes Nash bargaining and John Nash's Ideal Money thesis, which is an epilogue to his original bargaining solution. John Nash is one of the most citable and famous economists since Adam Smith.
25/10/2024

Further Analysis on “Independence of Irrelevant Alternatives” as a Bitcoin Design Axiom

Bitcoin proof of work is analysed as a system design idealisation.
25/10/2024

Did Bitcoin Arise from the “Nash Program”?

The purpose of John Nash's Ideal Money can be explained by the "Nash program" and the separation of cooperative and non-cooperative games to create transferable utility in a symmetric and independent system such as Bitcoin.