Aspiration adaptation theory

DOI10.1006/JMPS.1997.1205MaRDI QIDQ1293898zbMATH OpenOpenAlexWikidataFDO

Authors Reinhard Selten

Publication date 13 February 2000

Published in Journal of Mathematical Psychology (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1006/jmps.1997.1205

zbMATH Keywords

aspiration adaptation theorynonoptimizing boundedly rational behavior

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Decision theory for games (91A35) Decision theory (91B06)

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(22)

• Expected utility versus the changes in knowledge ahead
• Special issue on Experimental economics
• The theory of uncertainty orientation: A mathematical reformulation.
• Aspiration adaptation in the ultimatum minigame.
• Behavioral patterns and reduction of sub-optimality: an experimental choice analysis
• When and how to satisfice: an experimental investigation
• Aspiration-based choice
• Optimal consumption under uncertainty, liquidity constraints, and bounded rationality
• The importance of memory for price discovery in decentralized markets
• Super-rational aspiration induced strategy updating promotes cooperation in the asymmetric prisoner's dilemma game
• A cognitive model of individual well-being
• Modeling and optimization for networked evolutionary games with player exit mechanism: semi-tensor product of matrices method
• Aspiration traps
• scientific article; zbMATH DE number 2112228 (Why is no real title available?)
• Satisficing search versus aspiration adaptation in sales competition: Experimental evidence
• Experimental Results on the Process of Goal Formation and Aspiration Adaptation
• A simple, dynamic extension of temporal motivation theory
• Reaction to price changes and aspiration level adjustments
• scientific article; zbMATH DE number 7726316 (Why is no real title available?)
• Equilibrium in secure strategies as a development of the concept of Nash equilibrium
• Information paths and learning in games: experimental evidence
• Evolutionary dynamics and equitable core selection in assignment games

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