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Designing for deliberative goal-based decision making in environments with rare adverse events- an experimental study

Hohnisch, Martin; Pittnauer, Sabine; Selten, Reinhard; … - In: Organization science : a journal of the Institute for … 27 (2016) 6, pp. 1417-1434

Persistent link: https://www.econbiz.de/10011629787

Dealing with dynamic decision problems when knowledge of the environment is limited : an approach based on goal systems

Selten, Reinhard; Pittnauer, Sabine; Hohnisch, Martin - In: Journal of behavioral decision making 25 (2012) 5, pp. 443-457

Persistent link: https://www.econbiz.de/10009686580

Bounded rationality : the adaptive toolbox

Gigerenzer, Gerd (ed.); Selten, Reinhard (contributor) - 2002 - 1. MIT Press paperback ed.

Rethinking rationality / Gerd Gigerenzer and Reinhard Selten -- What is bounded rationality? / Reinhard Selten -- The adaptive toolbox / Gerd Gigerenzer -- Fast and frugal heuristics for environmentally bounded minds / Peter M. Todd -- Evolutionary adaptation and the economic concept of bounded...

Persistent link: https://www.econbiz.de/10001693262

Experimental stock market dynamics : excess bids, directional learning, and adaptive styleinvesting in a call-auction with multiple multiperiod lived assets

Selten, Reinhard; Neugebauer, Tibor - 2018

We study the behavioral dynamics of limit orders in simultaneous experimental call-auction markets with multiple multiperiod lived securities. As analytical decision variable we use excess bids; the number of submitted bids minus the number of offers. The feedback variable is (excess) return....

Persistent link: https://www.econbiz.de/10012233240