'Satisficing equilibrium'

Name: 'Satisficing equilibrium'
Start: 2026-01-22T17:15:00+0000
End: 2026-01-22T17:15:00+0000

22 January 2026

Maison Française d'Oxford

Similar events

Talk 'The agreements of the priests of Soknopaiou Nesos: new sources for the organisation and the economy of an Egyptian provincial temple in the 1st and 2nd c. CE'

28 October

Sandra Lippert (CNRS, UMR 8546 AOROC, Paris) and Maren Schentuleit (AMES, Oxford University)

Conference 'Across Anti-Imperial Metropolises

05 November to 06 November

Register by 3 November to attend the conference in-person or online

As part of the ‘Perspectives from the MFO’ Lecture Series

Bary Pradelski (MFO)

I will introduce a new equilibrium concept --- satisficing equilibrium --- that combines the analytic rigor of equilibrium analysis with insights from the literature on bounded rationality. To make it accessible, I will first revisit Nash equilibrium, the central concept in economic theory that assumes that agents behave optimally.