Abstract
Counterfactuals arise naturally in decision and game theory. In order to see whether a certain course of action is optimal it is often necessary to look at situations which would arise if something non-optimal were done. Since in fact a rational decision maker will not take a nonoptimal choice, the examination of the consequences of such choices will necessarily involve counterfactuals.
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© 1982 Springer-Verlag Berlin Heidelberg
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Selten, R., Leopold, U. (1982). Subjunctive Conditionals in Decision and Game Theory. In: Stegmüller, W., Balzer, W., Spohn, W. (eds) Philosophy of Economics. Studies in Contemporary Economics, vol 2. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-68820-1_11
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DOI: https://doi.org/10.1007/978-3-642-68820-1_11
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