Drew Fudenberg (born March 2, 1957) is a Professor of
Economics
Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services.
Economics focuses on the behaviour and intera ...
at
MIT
The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of the m ...
. His extensive research spans many aspects of
game theory
Game theory is the study of mathematical models of strategic interactions among rational agents. Myerson, Roger B. (1991). ''Game Theory: Analysis of Conflict,'' Harvard University Press, p.&nbs1 Chapter-preview links, ppvii–xi It has appli ...
, including equilibrium theory, learning in games, evolutionary game theory, and many applications to other fields. Fudenberg was also one of the first to apply game theoretic analysis in industrial organization, bargaining theory, and contract theory. He has also authored papers on repeated games, reputation effects, and behavioral economics.
Biography
Fudenberg obtained his
A.B.
Bachelor of arts (BA or AB; from the Latin ', ', or ') is a bachelor's degree awarded for an undergraduate program in the arts, or, in some cases, other disciplines. A Bachelor of Arts degree course is generally completed in three or four yea ...
in
applied mathematics
Applied mathematics is the application of mathematical methods by different fields such as physics, engineering, medicine, biology, finance, business, computer science, and industry. Thus, applied mathematics is a combination of mathematical s ...
from
Harvard University
Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher le ...
in 1978, when he went on to obtain his
Ph.D.
A Doctor of Philosophy (PhD, Ph.D., or DPhil; Latin: or ') is the most common degree at the highest academic level awarded following a course of study. PhDs are awarded for programs across the whole breadth of academic fields. Because it is ...
in
Economics
Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services.
Economics focuses on the behaviour and intera ...
from the
Massachusetts Institute of Technology
The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of the ...
. After completing his Ph.D. in just three years, he began his assistant professorship at the
University of California, Berkeley
The University of California, Berkeley (UC Berkeley, Berkeley, Cal, or California) is a public land-grant research university in Berkeley, California. Established in 1868 as the University of California, it is the state's first land-grant u ...
in 1981. At Berkeley, Fudenberg was tenured at the age of 28. In 1987, he returned to a faculty position at MIT, where he taught for 6 years. In 1993, Fudenberg accepted a faculty position in the Economics department of his alma mater,
Harvard University
Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher le ...
. He has returned once more to MIT as the Paul A. Samuelson Professor of Economics as of 2016.
Fudenberg was the associate editor of the ''
Journal of Economic Theory
The ''Journal of Economic Theory'' is a bimonthly peer-reviewed academic journal covering the field of economic theory. Karl Shell has served as editor-in-chief of the journal since it was established in 1968. Since 2000, he has shared the editor ...
'' from 1984 to 1996; the ''
Quarterly Journal of Economics
''The Quarterly Journal of Economics'' is a peer-reviewed academic journal published by the Oxford University Press for the Harvard University Department of Economics. Its current editors-in-chief are Robert J. Barro, Lawrence F. Katz, Nathan N ...
'' from 1984 to 1989; ''
Econometrica
''Econometrica'' is a peer-reviewed academic journal of economics, publishing articles in many areas of economics, especially econometrics. It is published by Wiley-Blackwell on behalf of the Econometric Society. The current editor-in-chief is Gui ...
'' from 1985 to 1996; ''
Games and Economic Behavior
''Games and Economic Behavior'' (''GEB'') is a journal of game theory published by Elsevier. Founded in 1989, the journal's stated objective is to communicate game-theoretic ideas across theory and applications. It is considered to be the leadi ...
'' from 1988 to 1993, and the foreign editor of the ''
Review of Economic Studies
''The Review of Economic Studies'' (also known as ''REStud'') is a quarterly peer-reviewed academic journal covering economics. It was established in 1933 by a group of economists based in Britain and the United States. The original editorial team ...
'' from 1993 to 1996. He was also the principal editor of ''Econometrica'' from 1996 until 2000.
Fudenberg has authored a number of books on game theory, including ''Game Theory'' with
Jean Tirole
Jean Tirole (born 9 August 1953) is a French professor of economics at Toulouse 1 Capitole University. He focuses on industrial organization, game theory, banking and finance, and economics and psychology. In 2014 he was awarded the Nobel Memori ...
, a primary reference for graduate students in economics; ''Dynamic Models of Oligopoly'', also with Jean Tirole; and ''Theory of Learning in Games'' with
David K. Levine.
Fudenberg received the
Guggenheim Fellowship
Guggenheim Fellowships are grants that have been awarded annually since by the John Simon Guggenheim Memorial Foundation to those "who have demonstrated exceptional capacity for productive scholarship or exceptional creative ability in the ar ...
in 1990 and became a fellow of the
American Academy of Arts and Sciences
The American Academy of Arts and Sciences (abbreviation: AAA&S) is one of the oldest learned societies in the United States. It was founded in 1780 during the American Revolution by John Adams, John Hancock, James Bowdoin, Andrew Oliver, and ...
in 1998.
He is the son of immunologist and anti-vaccination activist
Hugh Fudenberg.
Publications
''Game Theory'' coauthor with
Jean Tirole
Jean Tirole (born 9 August 1953) is a French professor of economics at Toulouse 1 Capitole University. He focuses on industrial organization, game theory, banking and finance, and economics and psychology. In 2014 he was awarded the Nobel Memori ...
* ''Dynamic Models of Oligopoly'' coauthor with
Jean Tirole
Jean Tirole (born 9 August 1953) is a French professor of economics at Toulouse 1 Capitole University. He focuses on industrial organization, game theory, banking and finance, and economics and psychology. In 2014 he was awarded the Nobel Memori ...
''A Long-Run Collaboration on Long-Run Games'' coauthor with
David K. Levine
''Theory of Learning in Games'' coauthor with
David K. Levine
References
External links
Drew Fudenberg at MIT Department of EconomicsBiography of Drew Fudenberg at MIT Economics Department
{{DEFAULTSORT:Fudenberg, Drew
Living people
Game theorists
University of California, Berkeley College of Letters and Science faculty
MIT School of Humanities, Arts, and Social Sciences faculty
Harvard University faculty
1957 births
Harvard College alumni
MIT School of Humanities, Arts, and Social Sciences alumni
Fellows of the Econometric Society
Presidents of the Econometric Society
Fellows of the American Academy of Arts and Sciences
20th-century American economists
21st-century American economists
Economics journal editors
Nancy L. Schwartz Memorial Lecture speakers