'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

Lecture 'Strings and Knots: Enlightened Quipus' by Roger Chartier

10 November

As part of the College de France Lecture Series

Medieval French Research Seminar

10 November

‘Scribal abbreviation in French manuscripts and its role as a source of data for quantitative palaeography’ Sebastian Dows-Miller (University College London)

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.