Matthew Rabin

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Matthew Rabin

Matthew Joel Rabin (born December 27, 1963 ) is an American economist. He researches and teaches as Professor of Economics at Harvard University .

Live and act

Rabin studied from 1981 to 1984 at the University of Wisconsin – Madison , where he received his BA in economics and mathematics in December 1984 . In 1985 he continued his studies at the London School of Economics before moving to the Massachusetts Institute of Technology (MIT) that same year , which he received in 1989 with a Ph.D. left in economics. He wrote his doctoral thesis on Predictions and solution concepts in non-cooperative games under the supervision of Drew Fudenberg . He was then Assistant Professor until 1996 and Associate Professor from 1996 to 1999 at the University of California, Berkeley . He has been a full professor there since 1999. Visiting professorships have taken him to MIT (1993–1994), Northwestern University (1997), the London School of Economics (2000–2001), and Harvard University (2004).

The simple model of Homo oeconomicus , which is characterized by self-interested and rational behavior, has problems in explaining the prisoner's dilemma , the coward game or the ultimatum game . Rabin was able to solve these problems by introducing fairness into the model in the early 1990s . To this end, he introduced a friendliness function, which describes whether a player is nice or mean to his fellow players. He also examined how the ability to communicate between the participants affects games. Later on, Rabin devoted himself almost entirely to behavioral economics . He examined how prejudice persists, as well as risk aversion , procrastination and self-control, and morals.

Works

  • Predictions and solution concepts in non-cooperative games. Dissertation, Massachusetts Institute of Technology, 1989
  • Colin F. Camerer, George Loewenstein and Matthew Rabin (Eds.): Advances in Behavioral Economics. Russell Sage Foundation, New York 2004; Princeton University Press, Princeton 2004, ISBN 0-691-11682-2
  • with Georg Weizsäcker: Narrow Bracketing and Dominated Choices (= Discussion Paper No. 3040). IZA, Bonn 2007 ( pdf , 668 kB)

Awards

Memberships

literature

  • Colin Camerer and Richard H. Thaler : In Honor of Matthew Rabin: Winner of the John Bates Clark Medal. In: Journal of Economic Perspectives. Volume 17, No. 3, 2003, pp. 159–176 (with picture, online ; PDF; 156 kB)

Web links

Individual evidence

  1. ^ Incorporating Fairness into Game Theory and Economics. In: American Economic Review. Volume 83, December 1993, pp. 1281-1302.
  2. ^ A Model of Pre-Game Communication. In: Journal of Economic Theory. Volume 63, August 1994, pp. 370-391, doi : 10.1006 / jeth.1994.1047 ; with Joel Sobel: Deviations, Dynamics, and Equilibrium Refinements. In: Journal of Economic Theory. Volume 68, No. 1, January 1996, pp. 1-25, doi : 10.1006 / jeth.1996.0001 ; with Joseph Farrell: Cheap Talk. In: Journal of Economic Perspectives. Volume 10, No. 3, Summer 1996, pp. 103-118.
  3. ↑ with Joel Schrag: First Impressions Matter. A Model of Confirmatory Bias. In: Quarterly Journal of Economics. Volume 114, No. 1, February 1999, pp. 37-82.
  4. ↑ with Daniel Read and George Loewenstein: Choice Bracketing. In: Journal of Risk and Uncertainty. Volume 19, No. 1-3, December 1999, pp. 171-197; Risk Aversion and Expected-Utility Theory. A calibration theorem. In: Econometrica. Volume 68, No. 5, September 2000, pp. 1281-1292; with Richard Thaler: Risk Aversion. In: Journal of Economic Perspectives. Volume 15, No. 1, Winter 2001, pp. 219-232.
  5. ↑ with Ted O'Donoghue: Doing It Now or Later. In: American Economic Review. Volume 89, No. 1, March 1999, pp. 103-124; with Ted O'Donoghue: Choice and Procrastination. In: Quarterly Journal of Economics. February 2001, pp. 121-160.
  6. ^ Cognitive Dissonance and Social Change. In: Journal of Economic Behavior and Organization. Volume 23, 1994, pp. 177-194; Moral Preferences, Moral Constraints, and Self-Serving Biases. Berkeley Department of Economics Working Paper No. 95-241, August 1995.
  7. ^ Past Fellows. Alfred P. Sloan Foundation, accessed August 17, 2019 .
  8. ↑ Animal rights activist and educator. In: nzz.ch. May 1, 2011, accessed October 14, 2018 .
personal data
SURNAME Rabin, Matthew
ALTERNATIVE NAMES Rabin, Matthew Joel (full name)
BRIEF DESCRIPTION American economist
DATE OF BIRTH December 27, 1963