Reinhard Selten

Reinhard Selten

• Reinhard Justus Reginald Selten** (; 5 October 1930 – 23 August 2016) was a German economist, who won the 1994 Nobel Memorial Prize in Economic Sciences (shared with [[john-harsanyi]] and John Nash). He is also well known for his work in [[bounded-rationality]] and can be considered one of the founding fathers of experimental economics.

Biography Selten was born in Breslau (Wrocław) in Lower Silesia, now in Poland, to a Jewish father, Adolf Selten (a blind bookseller; d. 1942 Reinhard Selten was raised as Protestant. He was a member and co-founder of the International Academy of Sciences San Marino.

For the 2009 European Parliament election, he was the top candidate for the German wing of Europe – Democracy – Esperanto.

Work For his work in game-theory, Selten won the 1994 Nobel Memorial Prize in Economic Sciences (shared with john-harsanyi and John Nash). Selten was Germany's first and, at the time of his death, only Nobel winner for economics.

Bibliography * Preispolitik der Mehrproduktenunternehmung in der statischen Theorie, Berlin-Heidelberg-New York: Springer-Verlag, 1970, – in German * General Equilibrium with Price-Making Firms (with Thomas Marschak), Lecture Notes in Economics and Mathematical Systems, Berlin-Heidelberg-New York: Springer-Verlag, 1974, * A General Theory of Equilibrium Selection in Games (with John C. Harsanyi), Cambridge, Massachusetts: MIT-Press. (1988) * Models of Strategic Rationality, Theory and Decision Library, Series C: Game Theory, Mathematical Programming and Operations Research, Dordrecht-Boston-London: Kluwer Academic Publishers. (1988) * Game Equilibrium Models IV, Berlin, New York, Springer Verlag, 1991, . * Rational Interaction – Essays in Honor of John C. Harsanyi, Berlin, New York, Springer-Verlag, 1992, . * Enkonduko en la Teorion de Lingvaj Ludoj – Ĉu mi lernu Esperanton? (with Jonathan Pool), Berlin-Paderborn: Akademia Libroservo, Institut für Kybernetik. (1995) – in Esperanto * Game Theory and Economic Behavior: Selected Essays, 2. vol Cheltenham-Northampton: Edward Elgar Publishing. (1999) * New edition of: Models of Strategic Rationality (1988), with a Chinese Introduction. Outstanding Academic Works on Economics by Nobel Prize Winners. Dordrecht-Boston-London: Kluwer Academic Publishers. (2000) * Chinese Translation of: Models of Strategic Rationality (1988). Outstanding Academic Works on Economics by Nobel Prize Winners. Dordrecht-Boston-London: Kluwer Academic Publishers. (2000) * Russian Translation of: A General Theory of Equilibrium Selection in Games (with John C. Harsanyi), Cambridge, Massachusetts: MIT-Press. (2000) * Gigerenzer, G., & Selten, R. (Eds.). (2001). Bounded rationality: The adaptive toolbox. Cambridge, Massachusetts: MIT Press. * Impulse Balance Theory and its Extension by an Additional Criterion. BoD. (2015)

See also * Subgame perfect Nash equilibrium * List of Jewish Nobel laureates

References ## External links * [Laboratory for Experimental Economics](https://web.archive.org/web/20060130213634/http://www.bonneconlab.uni-bonn.de/econlab/), at the [University of Bonn, Germany](https://web.archive.org/web/20030621084618/http://www.uni-bonn.de/index_en.shtml) * * [IDEAS/RePEc](https://ideas.repec.org/e/pse24.html) * * [Economista alemán, nacido en Breslau (actualmente Wroclaw, en Polonia).](http://vvvvvvvv.scriptmania.com/newfolder/megaw/nb/selten.htm) *