Reinhard Selten
Reinhard Selten
Reinhard Justus Reginald Seltenis a German economist, who won the 1994 Nobel Memorial Prize in Economic Sciences. He is also well known for his work in bounded rationality, and can be considered as one of the founding fathers of experimental economics...
NationalityGerman
ProfessionEconomist
Date of Birth5 October 1930
CountryGermany
clear considered finished high
When I finished high school, it was clear to me that I would study mathematics, even if I also considered economics and psychology.
branch business containing customers lent lower magazines older owned
When I was born, my father owned a business called a 'reading circle'; folders containing an assortment of magazines were lent to customers for one week, then recollected and lent out again. The older the folder, the lower was the fee. This was a flourishing branch of industry.