John von Neumann, whom people called Johnny, was a brilliant mathematician and physicist who made three fundamental contributions to economics.

The first is a 1928 paper that established von Neumann as the father of game theory. The second is a 1937 paper that presented a mathematical model that could be applied to economics. The third is a book coauthored with his Princeton colleague, economist Oskar Morgenstern, titled Theory of Games and Economic Behavior . In their book, von Neumann and Morgenstern asserted that any economic situation could be defined as the outcome of a game between two or more players.

In this Training Camp , you will learn about sets as they apply to game theory as well as various other applications.