Reinoud Joosten

picture of
Reinoud Joosten

Dr. Reinoud Joosten

University of Twente

Faculty of Behavioural Management and Social Sciences

Dep. Industrial Engineering and Business Information Systems

P.O. Box 217

7500 AE Enschede

The Netherlands

Room: RA 3349 (Ravelijn)

Tel: (+31 53 489)3349

E-mail: r.a.m.g.joosten(a)



Ph.D. Maastricht University (MERIT), 1996.

Thesis : Dynamics, Equilibria, and Values.

Supervisors : Hans Peters, Koos Vrieze, Frank Thuijsman.

Master’s Degree Econometrics, Tilburg University, 1989.

Thesis : A variable dimension restart algorithm for the computation of
economic equilibria using n(n+1) rays.

Supervisor : Dolf Talman.

Didactic Degrees

Oefenmeester (Training/Coaching/Managing) A, B (1994, 1998), (NBB: Dutch Basketball Assoc. under Ministerial supervision).

University Teacher’s degree courses.

Working with Groups of International Students (2005).

Dutch Basketball Association Masterclass 2011, ‘Crossing borders’, developing talents for international competition.

‘Expert’ Dutch Basketball Association (NBB) 2013.

Gymnasium-β St. Janscollege, Hoensbroek, The Netherlands, 1980.




Economics: micro, resource & environmental economics, industrial organization, general equilibrium theory, development economics.


Game theory: stochastic games, cooperative games, evolutionary game theory.


Finance: real options theory, non-expected utility.


Other: social dilemmas, dynamic systems, computation and equilibrium programming, operations research, mathematical biology, input-output analysis, and Markov chains.



Fall: Microeconomics (191860651), UTwente.

Summer: TOM Project Civil Engineering, UTwente.

Winter: Special Topics (201200138), UTwente.
Cost Management & Engineering MSc (201400244), UT.
Cost Management & Engineering - Foundations (194110140), UT.
Cost Management & Engineering – External Private Domain, (194110130), UT.
Minor: Study Trip Japan Bachelor Students, UTwente.


Fall: Microeconomics (191860651), UTwente.
Theme course minor International Management & Exploration (201300148), UTwente.

Summer: Business Game (186060), UTwente.

Spring: TOM Project Civil Engineering, UTwente.
Analysis of the environment of the firm (411003), UTwente.

Winter: Cost Management & Engineering– Foundations (194110140), UT.
Cost Management & Engineering– External Private Domain, (194110130), UT.



Long-run strategic advertisement and short-run Bertrand competition, International Game Theory Review 17, 2015.

Strong and weak rarity value: resource games with complex price-scarcity relationships, DOI: 10.1007/s13235-015-0136-4, Dynamic Games & Applications, 2015.

Social Dilemmas, Time Preferences and Technology Adoption in a Commons Problem, Journal of Bioeconomics, 16, 239-258, 2014.

On evolutionary ray-projection dynamics, co. B.Roorda, Mathematical Methods of Operations Research 74, 147-161, 2011.

Small Fish Wars: A new class of dynamic fishery-management games, ICFAI Journal of Managerial Economics 5, 17-30, 2007.

The odd couple: Walras and Darwin, J Evolutionary Economics 16, 2006.

A note on repeated games with vanishing actions, International Game Theory Review 7, 107-115, 2005.

Games with Frequency-Dependent Stage Payoffs, co. T.Brenner, U.Witt, International Journal of Game Theory 31, 609-620, 2003.

A Globally Convergent Price Adjustment Process for Exchange Economies, co. D.Talman, Journal of Mathematical Economics 29, 15-26, 1998.

Deterministic Evolutionary Dynamics: A Unifying Approach, Journal of Evolutionary Economics 6, 313-324, 1996.

Unlearning by Not Doing: Repeated Games with Vanishing Actions, co. H.Peters, F.Thuijsman, Games and Economic Behavior 9, 1-7, 1995.

(Af)leren door (niet) te doen, co. L.Soete, Economisch Statistische Berichten 78, 1179-1181, 1993.


Strategic Interaction and Externalities: FD-games and pollution, to appear in: Understanding Economic Change: Contributions to an Evolutionary Paradigm in Economics, Cambridge University Press, 2016.

Paul Samuelson’s critique and equilibrium concepts in evolutionary game theory, in: Game Theory and Applications Vol. 16 (L. Petrosjan & V. Mazalov, eds.) ISBN 978-1-62618-444-1, pp. 119-136, 2013.

Bundling correlated goods in the in-app purchase pricing model, co. G-J. Spriensma & F.Wijnhoven, in: Virtual Goods + ODRL 2011, Proceedings of the 9th International Workshop for Technical, Economic and Legal Aspects of Business Models for Virtual Goods (J. Delgado & J.-N. Colin, eds.), pp. 103-121, 2011.

Strategic Advertisement with Externalities: A New Dynamic Approach, in: Modeling, Computation and Optimization (S.K. Neogy, A.K. Das & R.B. Bapat, eds.), ISBN 978-9-8142-7350-3, pp. 21-43, 2009.

Small Fish Wars and an authority, in: The Rules of the Game: Institutions, Law, and Economics (A. Prinz, A.E. Steenge & J. Schmidt, eds.), ISBN 978-3-8258-0693-4, pp. 131-162, 2007.

On ‘Dynamics, Equilibria, and Values’, in: Ten Years LNMB, W.K. Klein Haneveld, O.J. Vrieze, L.C.M. Kallenberg (eds.), CWI-Tract 122, Amsterdam, pp. 217-221, 1997.

Games with Changing Payoffs, co. H.Peters, F.Thuijsman, in: The Economics of Growth and Technical Change. Technologies, Nations, Agents, G.Silverberg & L.Soete (eds.), Edward Elgar, Aldershot, ISBN 1-85278-958-1, pp. 244-257, 1994.


Landelijk Netwerk Mathematische Besliskunde, Koninklijke Nederlandse Vereniging van Staathuishoudkunde, Game Theory Society.


Supervision of 95 Master Thesis Projects as first (40) or second supervisor (55), as well as 30 Bachelor Thesis Projects as first (22) or second (8) supervisor.

Advisory Editor Journal of Evolutionary Economics, Springer Verlag.

Program coordinator Minor Economie, Bedrijf & Beleid: 2012-2014.

Teacher LV& S, Tilburg University 2006-2010 (part-time).

Van der Heijde belasting- en bedrijfsadviseurs, Maastricht, 2007.

Member Firm First Aid Team (BHV) 2015-present.

Expert Dutch Basketball Association (NBB): Teaching coaching, 2012-2013.

PhD-Thesis Supervisor: A. Abhishta, 2015-present.

PhD-Thesis Referee: Pauline Contou-Carrère, Sorbonne, Paris 1, 2011.
Yuan Feng, University of Twente, 2013.

Corona Member: Gijs Schoenmakers, Maastricht University, 2004.

Council work: President CTiT Council: 2010-2012.
Faculty Council Management & Governance: 2003-2011.
President Faculty Council: 2005-2007, 2009-2011.

Reviewer: NWO Research Programme Evolution and Behaviour.
NWO Vidi-programme MaGW (Social & Behavioural Sciences).

Referee: Chapter of Routledge Compendium Public-Private Partnerships (P de Vries, EB Yehoue, eds.), ISBN-13: 9781136163296. Chapter of Modeling, Computation and Optimization (SK Neogy, AK Das & RB Bapat, eds.),
ISBN 978-9-8142-7350-3.

Games & Economic Behavior; International Journal of Game Theory; Dynamic Games & Applications; Social Choice & Welfare, Mathematical Social Sciences; Journal of Economic Behaviour & Organisation; Theory & Decision; Journal of Evolutionary Economics; Structural Change & Economic Dynamics; Annals of Operations Research; European Journal of Operations Research; Mathematical Methods in Operations Research; Operations Research in Health Care; Rationality & Society; International Journal of Technology Management; Southern Journal of Economics; Innovation: Management, Policy & Practice; Physica D: Nonlinear Phenomena; Journal of Bioeconomics, IEEE Transactions on Engineering and Management, Journal of Cleaner Production.