Reinhard Selten (1930-2016)

Awarded the Prize “for his pioneering analysis of equilibria in the theory of non-cooperative games.”

German economist. Selten was born on October 5, 1930 at Breslau (now Wroclaw, Poland). He was awarded Master’s degree in mathematics in 1957 and Ph.D. degree in 1961 from Frankfurt University. In 1969 he was appointed to chair of economics at the Free University in Berlin. Then, in 1972 he moved to the Institute for Mathematical Economics of the University of Bielefeld. Twelve years later, he moved to the University of Bonn. Selten died on August 23, 2016 in Poznan, Poland. 
Major Works:
An Oligopoly Model with Demand Inertia (1965); Game Theory and Economics Behavior: Selected Essays (1999); Game Equilibrium Models (1991)