Background
Rubinstein, Ariel was born on April 13, 1951 in Jerusalem. Son of Yehuda and Lea (Feinsod) Rubinstein.
( The notion of bounded rationality was initiated in the ...)
The notion of bounded rationality was initiated in the 1950s by Herbert Simon; only recently has it influenced mainstream economics. In this book, Ariel Rubinstein defines models of bounded rationality as those in which elements of the process of choice are explicitly embedded. The book focuses on the challenges of modeling bounded rationality, rather than on substantial economic implications. In the first part of the book, the author considers the modeling of choice. After discussing some psychological findings, he proceeds to the modeling of procedural rationality, knowledge, memory, the choice of what to know, and group decisions.In the second part, he discusses the fundamental difficulties of modeling bounded rationality in games. He begins with the modeling of a game with procedural rational players and then surveys repeated games with complexity considerations. He ends with a discussion of computability constraints in games. The final chapter includes a critique by Herbert Simon of the author's methodology and the author's response. The Zeuthen Lecture Book series is sponsored by the Institute of Economics at the University of Copenhagen.
http://www.amazon.com/gp/product/0262681005/?tag=2022091-20
(The formal theory of bargaining originated with John Nash...)
The formal theory of bargaining originated with John Nash's work in the early 1950s. This book discusses two recent developments in this theory. The first uses the tool of extensive games to construct theories of bargaining in which time is modeled explicitly. The second applies the theory of bargaining to the study of decentralized markets. Rather than surveying the field, the authors present a select number of models, each of which illustrates a key point. In addition, they give detailed proofs throughout the book. It uses a small number of models, rather than a survey of the field, to illustrate key points, and includes detailed proofs given as explanations for the models. The text has been class-tested in a semester-long graduate course.
http://www.amazon.com/gp/product/0125286325/?tag=2022091-20
( A Course in Game Theory presents the main ideas of gam...)
A Course in Game Theory presents the main ideas of game theory at a level suitable for graduate students and advanced undergraduates, emphasizing the theory's foundations and interpretations of its basic concepts. The authors provide precise definitions and full proofs of results, sacrificing generalities and limiting the scope of the material in order to do so. The text is organized in four parts: strategic games, extensive games with perfect information, extensive games with imperfect information, and coalitional games. It includes over 100 exercises.
http://www.amazon.com/gp/product/0262650401/?tag=2022091-20
economist university professor
Rubinstein, Ariel was born on April 13, 1951 in Jerusalem. Son of Yehuda and Lea (Feinsod) Rubinstein.
Bachelor of Science, Hebrew University, Jerusalem, 1974. Bachelor of Science, Hebrew University, Jerusalem, 1975. Master of Science, Hebrew University, Jerusalem, 1976.
Doctor of Philosophy, Hebrew University, Jerusalem, 1979.
He is a professor of economics at the School of Economics at Tel Aviv University and the Department of Economics at New York University. In 1982, he published "Perfect equilibrium in a bargaining model", an important contribution to the theory of bargaining. The model is known also as a Rubinstein bargaining model.
lieutenant 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.
He also co-wrote A Course in Game Theory (1994) with Martin J. Osborne, a textbook that has been cited in excess of 5,300 times as of March 2014. and the Rothschild Prize (2010).
( A Course in Game Theory presents the main ideas of gam...)
( The notion of bounded rationality was initiated in the ...)
(The formal theory of bargaining originated with John Nash...)
(Solutions manual for above test, in PDF format. Student s...)
Founder The Movement of Different Zionism, Jerusalem, 1977, Peace Now, 1978. Captain Israeli Defense Forces, 1969-1971, Israel. Fellow Econometric Society (Executive Committee 1994-1997), The Israeli Academy Sciences.
Member American Academy Arts and Sciences (foreign honorary member), American Economics Association (foreign honorary member).
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Married Yael Rothblum, August 8, 1982. Children: Michal, Yuval.