Template-Type:ReDIF-Paper 1.0  
Title: What is Bounded Rationality? Paper prepared for the Dahlem Conferen
Author-Name:Selten, Reinhard
Classification-JEL:C91, D83
Keywords:  Bounded rationality, learning, aspiration adaptation theory
Abstract: The paper deals with bounded rationality understood in the tradition of H.A. Simon. Fundamental
	problems and theoretical issues are discussed. Special emphasis is put on aspiration adaptation theory. Further
	remarks concern basic models of decision behavior (like learning and expectation formation), reasoning, and
	the connection between bounded rationality and motivation.
Length: pages
Creation-Date: 1999-05
Revision-Date: 
Handle: RePEc:bon:bonsfb:454