1936 – 2002
Michael Bacharach (1936–2002) was a British economist and philosopher who made significant contributions to game theory, decision theory, and the philosophy of economics. He is best known for developing the theory of team reasoning, which challenges standard rational choice theory by arguing that agents sometimes reason as members of a group rather than as individuals, and for his critical analyses of solution concepts in game theory.
Developed the theory of team reasoning in game theory
Authored Beyond Individual Choice: Teams and Frames in Game Theory (2006, posthumous)
Critiqued backward induction as a solution concept in extensive-form games
Advanced variable frame theory in decision-making
Contributed to the philosophy of economics and rational choice theory