A person’s behavior is rational if it is in his best interests, given his information. - Robert Aumann

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A person’s behavior is rational if it is in his best interests, given his information.

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About Robert Aumann

Robert Aumann (born 1930, in Frankfurt,Germany) is an Israeli mathematician, Professor Emeritus at the Hebrew University of Jerusalem, who won the 2005 Nobel Memorial Prize in Economic Sciences.

Also Known As

Native Name: ישראל אומן
Alternative Names: R. Aumann Robert John Aumann Robert J Aumann Yisrael Aumann R.J. Aumann

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Additional quotes by Robert Aumann

We can trust only ourselves. The president of the United States has to look out for U.S. interests -- that is what he was elected to do. He does not have to look out for Israel's interests, nor do I expect him to. The bottom line is that Obama is president of the United States -- not the world -- so when it comes to Israel's interests I trust the prime minister's discretion.

The players in a game are said to be in strategic equilibrium (or simply equilibrium) when their play is mutually optimal: when the actions and plans of each player are rational in the given strategic environment – i.e., when each knows the actions and plans of the others.

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