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Explain the relationship among the terms nationalization, expropriation, and confiscation.
John Von Neumann
A mathematician and polymath who contributed to many fields, including game theory, computer science, economics, and quantum mechanics.
Game Theory
A branch of mathematics and economics that studies decision-making in situations where the outcome depends on the actions of two or more decision makers.
John Nash
A mathematician and Nobel Prize winner known for his work in game theory, including the development of the Nash equilibrium concept.
High-Tech Revolution
The rapid and widespread advancements in technology and digital systems that drastically changed industries, economies, and societies.
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