1. The first part of this assignment is for you to watch the video clip, which is a part of the movie “A Beautiful Mind”. 

This is one movie you must see. A Beautiful Mind loosely chronicles the life of John Nash, a mathematician at Princeton who changed the way economists view the world. 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. Eventually, the conversation turns to Adam Smith and one of his famous quotes, “In competition, individual ambition serves the common good.”
“Every man for himself, gentlemen,” says one of Nash’s friends. And another adds, “And those who strike out are stuck with their friends.”
Eventually, the blonde looks over at Nash, and he joins the conversation saying, “Adam Smith needs revision.” Nash goes on to state that no one should pursue the blonde because they will all end up interfering with one another and no one will get her. What’s worse, none of her friends will want them either because no one likes to be the second choice. However, if they all stay away from the blonde, no one interferes, no one gets insulted, and that is the only way to “win.”
Nash’s friends accuse him of making an attempt to get the girl all to himself, but Nash continues to make his point. He asserts that what Adam Smith said was incomplete. Instead of everyone in a group doing what is best for himself, everyone should do what is best for himself and the group. At this point, Nash rushes out of the bar and spends the next few months writing his treatise on general equilibrium theory.

movie：https://www.youtube.com/watch?v=CemLiSI5ox8   watch movie answer question
Analyze why what Nash described in the movie cannot be a Nash Equilibrium 16683_1469
Range
threshold: ptsEdit rating Delete rating

5,000.0 to >2,500.0 ptsclearly explain with supporting idea

blankEdit rating Delete rating

2,500.0 to >1,250.0 ptsable to somewhat explain but still not clear

blank_2Edit rating Delete rating

1,250.0 to >0.0 ptsCannot give supporting idea

16683_2527Edit rating Delete rating

0.0 to >0 ptsNo Marks

16683_9409 pts

 / 5,000.0 pts

—
Edit criterion description Delete criterion row
This criterion is linked to a Learning Outcome Now, you can conclude whether this even has a Nash Equilibrium 16683_2222
Range
threshold: ptsEdit rating Delete rating

5,000.0 to >2,500.0 ptsclearly explain with supporting idea

16683_773Edit rating Delete rating

2,500.0 to >1,250.0 ptsable to somewhat explain but still not clear

16683_5326Edit rating Delete rating

1,250.0 to >0.0 ptscannot give supporting idea

16683_5237Edit rating Delete rating

0.0 to >0 ptsNo Marks