Reinhard Selten, the Dualist

Authored by: Rosemarie Nagel , Anna Bayona , Reza Kheirandish , Shabnam Mousavi

Routledge Handbook of Behavioral Economics

Print publication date:  July  2016
Online publication date:  August  2016

Print ISBN: 9781138821149
eBook ISBN: 9781315743479
Adobe ISBN: 9781317589242

10.4324/9781315743479.ch6

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Abstract

I am convinced of the necessity of reconstructing microeconomics on the basis of a more realistic picture of economic decision making. Moreover, I think that there are strong reasons for modeling boundedly rational economic behavior as non-optimizing.

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