Subjunctive Conditionals in Decision and Game Theory

  • Reinhard Selten
  • Ulrike Leopold
Part of the Studies in Contemporary Economics book series (CONTEMPORARY, volume 2)

Abstract

Counterfactuals arise naturally in decision and game theory. In order to see whether a certain course of action is optimal it is often necessary to look at situations which would arise if something non-optimal were done. Since in fact a rational decision maker will not take a nonoptimal choice, the examination of the consequences of such choices will necessarily involve counterfactuals.

Keywords

Manifold Nash 

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Copyright information

© Springer-Verlag Berlin Heidelberg 1982

Authors and Affiliations

  • Reinhard Selten
  • Ulrike Leopold

There are no affiliations available

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