Stimulated by the work of Herbert A. Simon, Reinhard Selten has concerned himself with aspiration levels and bounded rationality since the beginning of his academic career.2 His joint paper with Heinz Sauermann “Anspruchsanpassungs-theorie der Unternehmung” was published already 1962.3
CITATION STYLE
Tietz, R. (1997). Adaptation of Aspiration Levels - Theory and Experiment -. In Understanding Strategic Interaction (pp. 345–364). Springer Berlin Heidelberg. https://doi.org/10.1007/978-3-642-60495-9_27
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