Best Bounded Rationality
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Reinhard Selten was a German economist who made foundational contributions to game theory and experimental economics. He shared the 1994 Nobel Memorial Prize in Economic Sciences with John Nash and John Harsanyi for analysis of equilibria in noncooperative games. Selten introduced subgame-perfect eq...
Ariel Rubinstein is an Israeli economist and game theorist recognized for his contributions to economic theory. He is best known for developing the Rubinstein bargaining model in 1982, which uses an alternating-offers framework to analyze strategic negotiations. A professor at Tel Aviv University an...
Glenn Ellison is an American economist at the Massachusetts Institute of Technology, where he is a professor in the Department of Economics. His research spans industrial organization, game theory, and behavioral economics, including work on bounded rationality in consumer search behavior and learni...
