You do n’t necessarily call for to make a historic donation to your theater of operations to own a Nobel Prize . If you ’re uncoerced to settle for a medal that once belonged to someone else , all you need is a small fortune . As thePress - Republicanreports , the 1994 prize in economic skill ( technicallythe Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel ) , award to John Nash for his work on plot hypothesis , is gauge to trade for more than half a million dollars at auction .
know to many as the guinea pig of the Oscar - winning filmA Beautiful Mind(2001 ) , John Nash started making groundbreaking ceremony insights into political economy at a young years . He begin his doctoral studies at Princeton aroundage 20 , and it was there he develop his famous Nash equilibrium and wrote his thesis on game possibility . Nash has also become a symbol of mental sickness in the scientific community : In thelate1950s , he was diagnosed with paranoidschizophrenia , and spend time in psychiatric hospitals .
Decades after Nash wrote his dissertation on the content , the Nobel Prize committee recognized his body of work on game hypothesis , namely his introduction of the " note between cooperative games , in which binding agreements can be made , and non - cooperative games , where binding agreement are not feasible , " as the Nobelpress releaseput it . Christie ’s auction houseis now trade Nash ’s 18 - karat - amber medal in part to raise money for the John C.M. Nash Trust . In addition to the prize itself , the software run low up for auction sale also includes the Nobel sheepskin ; the letter from the Royal Swedish Academy of Sciences apprize Nash of his profits ; his nametag ; his transcript ofLes Prix Nobel 1994 ; and his handwritten attribute for the suit he wore to the ceremony . Christie ’s estimates the items will trade for between $ 500,000 and $ 800,000 .
Along with his 1994 Nobel Prize , the auction house is trade a numeral of Nash - associate items severally as part of its Fine Printed Books and Manuscriptssale . A handwritten lecture on plot possibility , his 1951 thesis , and a note from his high school trig instructor encouraging Nash but telling him to organize his oeuvre will all be available to invite on .
Christie ’s auction will be held on October 25 , and you may browse the detail on sales agreement now through the auction house’swebsite .
[ enthalpy / tPress - Republican ]
