Abstract:
Theory of Games and Economic Behaviour is the classic work upon which modern-day
game theory is based. The common elements of economic behaviour and such factors as strategy
in games are presented, and the interrelated concepts are analysed around the more or less central
problem of utility. John von Neumann and Oskar Morgenstern are two gifted mathematicians that
by working together succeeded in writing and estimating amazing and breakthrough formulas that
are used in solving of problems till our days. Von Neumann, as a scientist, affected the whole
world of computer science and mathematics simultaneously and he, literally allowed the future
generations to develop and study the potential of computers finally obtaining that PC(Personal
Computer) that we all are using today.