Satisficing in strategic environments: a theoretical approach and experimental evidence Volume 2 Jena Economic Research Papers 2008-10-16 2008 2007 Strategic interaction Satisficing behavior Bounded rationality The satisficing approach is generalized and applied to finite n-person games. Based on direct elicitation of aspirations, we formally define the concept of satisficing, which does not exclude (prior-free) optimality but includes it as a border case. We also review some experiments on strategic games illustrating and partly supporting our theoretical approach. 2008-078 jportal_jpjournal_00000016 2008-10-16T06:50:20.091Z 2010-12-17T11:53:52.314Z