Cont'd Nash equilibrium has had a fundamental and pervasive impact in economics and the social science which is comparable to that of the discovery of the dna double helix in the biological sciences. Nash formulated the basic vocabulary for a new language of economic analysis. (R Myerson, 1999,JEL More and more, the language of game theory has become the language of economics. more and more,pure theory came to mean game theory. (Faruk Gul, 1997,JEPCont’d • “Nash Equilibrium has had a fundamental and pervasive impact in economics and the social science which is comparable to that of the discovery of the DNA double helix in the biological sciences. Nash formulated the basic vocabulary for a new language of economic analysis.”(R. Myerson, 1999,JEL) • “More and more, the language of game theory has become the language of economics. More and more, ‘pure’ theory came to mean game theory.” (Faruk Gul, 1997, JEP)