Satisficing in strategic environments: a theoretical approach and experimental evidence

摘要

The satis?cing approach is generalized and applied to ?nite n-person games. Based on direct elicitation of aspirations, we formally de?ne the concept of satis?cing, which does not exclude (prior-free) optimality but includes it as a border case. We also review some experiments on strategic games illustrating and partly supporting our theoretical approach.