Russell Cooper

In this course

Russell Cooper is an experimental economist whose work on cognitive hierarchy models and bounded rationality appears in this course's readings on decision-making under uncertainty and multiple equilibria. He's cited here alongside game theory experiments (particularly with Van Huyck) that test how players actually reason through strategic interactions, providing empirical data that challenges perfectly rational actor assumptions central to traditional economic modeling. This work is foundational to understanding how AI systems might need to model human cognition rather than assume idealized rationality, a key concern at the intersection of machine learning and behavioral systems.

Background

Theo Russell Cooper is an Australian retired National Party politician. He was Premier of Queensland for a period of 73 days, from 25 September 1989 to 7 December 1989. His loss at the state election of 1989 ended 32 years of continuous National Party rule over Queensland.

Mentioned in 1 reading