Reinhard Selten

About Reinhard Selten

Who is it?: Economist
Birth Day: October 05, 1930
Birth Place: Wrocław, Poland, Polish
Alma mater: Goethe University Frankfurt
Known for: Game theory
Awards: Nobel Memorial Prize in Economic Sciences (1994)
Fields: Economics
Institutions: University of Bonn
Doctoral advisor: Ewald Burger Wolfgang Franz
Doctoral students: Eric van Damme
Influenced: Axel Ockenfels Benny Moldovanu Abdolkarim Sadrieh

Reinhard Selten

Reinhard Selten was born on October 05, 1930 in Wrocław, Poland, Polish, is Economist. Reinhard Selten is a German economist who won a share of the 1994 Nobel Memorial Prize in Economic Sciences. Known for his work in bounded rationality, he played a major role in the development of game theory. He also built the Laboratory for Experimental Economics (BonnEconLab) at the University of Bonn and is often referred to as one of the founding fathers of experimental economics. Born in Breslau (Wrocław) in Germany (now in Poland) in 1930, he grew up during a highly tumultuous period in European history. Partly of Jewish origin, he endured a tough childhood and teenage, living under the Hitler regime. However, unlike many of his relatives who perished in the holocaust, he was able to survive the World War II and proceeded to rebuild his life. He studied mathematics at the University of Frankfurt and worked as scientific assistant to Heinz Sauermann for a few years. Having a deep interest in game theory, he refined the important economic concept of the Nash equilibrium, which had been proposed by the prominent mathematician John Nash. Working on the concept, Selten developed the “subgame perfect equilibrium” and discussed his theory with economist John Harsanyi. The collective works of Nash, Selten, and Harsanyi won the trio the 1994 Nobel Memorial Prize in Economic Sciences.
Reinhard Selten is a member of Intellectuals & Academics

Does Reinhard Selten Dead or Alive?

As per our current Database, Reinhard Selten has been died on 23 August 2016(2016-08-23) (aged 85)\nPoznań, Poland.

🎂 Reinhard Selten - Age, Bio, Faces and Birthday

When Reinhard Selten die, Reinhard Selten was 85 years old.

Popular As Reinhard Selten
Occupation Intellectuals & Academics
Age 85 years old
Zodiac Sign Scorpio
Born October 05, 1930 (Wrocław, Poland, Polish)
Birthday October 05
Town/City Wrocław, Poland, Polish
Nationality Polish

🌙 Zodiac

Reinhard Selten’s zodiac sign is Scorpio. According to astrologers, Scorpio-born are passionate and assertive people. They are determined and decisive, and will research until they find out the truth. Scorpio is a great leader, always aware of the situation and also features prominently in resourcefulness. Scorpio is a Water sign and lives to experience and express emotions. Although emotions are very important for Scorpio, they manifest them differently than other water signs. In any case, you can be sure that the Scorpio will keep your secrets, whatever they may be.

🌙 Chinese Zodiac Signs

Reinhard Selten was born in the Year of the Horse. Those born under the Chinese Zodiac sign of the Horse love to roam free. They’re energetic, self-reliant, money-wise, and they enjoy traveling, love and intimacy. They’re great at seducing, sharp-witted, impatient and sometimes seen as a drifter. Compatible with Dog or Tiger.

Some Reinhard Selten images



Selten was born in Breslau (Wrocław) in Lower Silesia, now in Poland, to a Jewish father, Adolf Selten (blind bookseller; d. 1942), and Protestant mother, Käthe Luther. Reinhard Selten was raised as Protestant.


After a brief family exile in Saxony and Austria, Selten returned to Hesse, Germany after the war and, in high school, read an article in Fortune magazine about game theory by the Business Writer John D. McDonald. He recalled later, he would occupy his "mind with problems of elementary geometry and algebra" while walking back and forth to school during that time. He studied mathematics at Goethe University Frankfurt and obtained his diploma in 1957. He then worked as scientific assistant to Heinz Sauermann until 1967. In 1959, he married with Elisabeth Lang Reiner. They had no children. In 1961, he also received his doctorate in Frankfurt in mathematics with a thesis on the evaluation of n-person games.


Selten was professor emeritus at the University of Bonn, Germany, and held several honorary doctoral degrees. He had been an Esperantist since 1959 and met his wife through the Esperanto movement. He was a member and co-founder of the International Academy of Sciences San Marino.


He was a visiting professor at Berkeley and taught from 1969 to 1972 at the Free University of Berlin and, from 1972 to 1984, at the University of Bielefeld. He then accepted a professorship at the University of Bonn. There he built the BonnEconLab, a laboratory for experimental economic research, on which he has been active even after his retirement.


For his work in game theory, Selten won the 1994 Nobel Memorial Prize in Economic Sciences (shared with John Harsanyi and John Nash). Selten was Germany's first and, at the time of his death, only Nobel winner for economics.


He is also well known for his work in bounded rationality, and can be considered as one of the founding fathers of experimental economics. With Gerd Gigerenzer he edited the book Bounded Rationality: The Adaptive Toolbox (2001). He developed an Example of a game called Selten's Horse because of its extensive form representation. His last work was "Impulse Balance Theory and its Extension by an Additional Criterion".


For the 2009 European Parliament election, he was the top candidate for the German wing of Europe – Democracy – Esperanto.

Reinhard Selten trend