Ariel Rubinstein (Hebrew: אריאל רובינשטיין) (born April 13, 1951) is an Israeli economist who works in game theory. He was educated at the Hebrew University of Jerusalem, 1972-1979, in both mathematics and economics. He is currently (2006) a professor of economics with the School of Economics at Tel Aviv University and with the Department of Economics at New York University.
In 1982, he published "Perfect equilibrium in a bargaining model",[1] an important contribution to the theory of bargaining. The model is known also as a Rubinstein bargaining model. It describes two-person bargaining as an extensive game with perfect information in which the players alternate offers. A key assumption is that the players are impatient. The main result gives conditions under which the game has a unique subgame perfect equilibrium and characterizes this equilibrium.
[edit] Honours and awards
Rubinstein was elected a member of the Israel Academy of Sciences (1995), a foreign honorary member of the American Academy of Sciences (1994) and the American Economic Association (1995). In 1985 he was elected a fellow of the Econometric Society,[2] and served as its president in 2004.[3]
In 2002, he was awarded an honorary doctorate by the Tilburg University[4].
He has received the Bruno Prize (2000), the Israel Prize for economics (2002)[5][6], the Nemmers Prize (2004)[7][8], and the Emet Prize (2006)[9].
[edit] Published works
- Bargaining and Markets, with Martin J. Osborne, Academic Press 1990
- A Course in Game Theory, with Martin J. Osborne, MIT Press, 1994.
- Modeling Bounded Rationality, MIT Press, 1998.
- Economics and Language, Cambridge University Press, 2000
- Lecture Notes in Microeconomic Theory: The Economic Agent, Princeton University Press, 2006
[edit] References
- ^ Rubinstein, Ariel (1982). "Perfect Equilibrium in a Bargaining Model". Econometrica 50 (1): 97–109. doi:10.2307/1912531. http://arielrubinstein.tau.ac.il/papers/11.pdf.
- ^ Welcome to the website of The Econometric Society An International Society for the Advancement of Economic Theory in its Relation to Statistics and Mathematics
- ^ Welcome to the website of The Econometric Society An International Society for the Advancement of Economic Theory in its Relation to Statistics and Mathematics
- ^ Tilburg University - Prof. Ariel Rubinstein
- ^ "Israel Prize Official Site (in Hebrew) – Recipient’s C.V.". http://cms.education.gov.il/EducationCMS/Units/PrasIsrael/Tashsab/ArielRubinshtein/KorotHaimPropesorArielRobibstayn.htm.
- ^ "Israel Prize Official Site (in Hebrew) – Judges' Rationale for Grant to Recipient". http://cms.education.gov.il/EducationCMS/Units/PrasIsrael/Tashsab/ArielRubinshtein/NimokyHsoftim.htm.
- ^ Nemmers Prizes, Awards, Office of the Provost, Northwestern University
- ^ The presentation of Ariel Rubinstein for the 2004 Nemmers Prize in Economics.
- ^ http://www.emetprize.org.il/Index.asp?ArticleID=159&CategoryID=123&Page=1
[edit] External links
[edit] See also