Edward Zabel

Background

Zabel, Edward was born on October 17, 1927 in Orange, New Jersey, United States. Son of Otto and Helen (Katzenberger) Zabel.

Education

Bachelor of Arts (Political Science) Syracuse University, New York, 1950. Master of Arts Doctor of Philosophy Princeton University, 1953, 1956.

Career

Economics, Rand Corporation, 1956-1958. Assistant Professor, Association Professor, Professor, University Rochester, New York, 1958-62, 1962-1967, 1967-1981. Visiting Fellow, Yale University, 1964-1965, London School of Economies and Political Science, London, United Kingdom, 1968-1969, University Florida, 1980.

Professor, University Florida, 1981-1983. Matherly Professor Economics and Decision Sciences, University Florida, Gainesville, Florida, since 1983. Association Editor, Management Science, 1969-1973.

Editorial Board, Applied Economics, since 1973.

Achievements

• Phi Beta Kappa, 1950. Sanxay Fellow, Proctor Fellow, Princeton University, 1952-1953, 1953-1954. Ford Foundation Faculty Research Fellow, 1964-1965.

Works

• Other Work

  • Contributor to professional journals.

Views

My earlier papers analyse firm and consumer behaviour under uncertainty in multiperiod models. These papers consider the competitive firm’s search for high prices over time, the monopolistic firm’s responses to random deviations in demand, and the consumer’s commodity and portfolio decisions when portfolio changes incur transaction costs. Later papers attempt to use insights obtained in earlier work to analyse multi-period trading processes when markets need not be cleared each period.

For example, two papers analyse trading in organised securities exchanges which use the specialist system and derive explicit characteristics of stationary market price distributions from properties of the specialist’s price-making decisions. Recent work focusses on the role of explicit, optimising price-makers in purely competitive markets, emphasising the resulting implications for equilibria, adjustments and stability of competitive systems.

Membership

Ford Foundation fellow, 1964-1965; National Science Foundation research grantee, 1960-1981. Served with Army of the United States, 1945-1947. Member American Economic Association, Econometric Society, International Society Inventory Research, Western Economic Association, Institute management Sciences, American Association of University Professors, Phi Beta Kappa.

Connections

Married Norma Nicholson, June 23, 1956. Children: Jeffrey, David, Richard.

Father:

Otto Zabel

Mother:

Helen (Katzenberger) Zabel

Spouse:

Norma Nicholson

child:

Jeffrey Zabel

child:

David Zabel

child:

Richard Zabel