RS
Philosophy & Social Sciences

Reinhard Selten

Who

Reinhard Selten · Philosophy & Social Sciences

What

Nobel laureate in economics (1994) for pioneering game theory; Jewish father, survived the war in Germany

When

1930, Breslau, Germany (now Wrocław, Poland) — 2016, Poznań, Poland

Where

Germany

Biography

Reinhard Selten is recognized among Jewish contributors to Philosophy & Social Sciences — Nobel laureate in economics (1994) for pioneering game theory; Jewish father, survived the war in Germany

How & why

Reinhard Selten was the son of a Jewish father and grew up in Nazi Germany, where his family faced persecution and he survived the war years amid great hardship. He became an economist at the University of Bonn and refined game theory by defining which strategic equilibria are truly credible, introducing the concept of 'subgame perfect' equilibrium for situations that unfold in stages. This sharpened the tools economists use to analyze competition and bargaining, and he shared the 1994 Nobel Prize in Economic Sciences.

Sources & external links

Verify and go deeper with these external references.

Source: Jinfo.org — Jewish Nobel Prize winners in Economics

Contributions & Sources

Nobel laureate in economics (1994) for pioneering game theory; Jewish father, survived the war in Germany

1994

Source: Jinfo.org — Jewish Nobel Prize winners in Economics