Ariel Rubinstein (

Hebrew Hebrew (; ; ) is a Northwest Semitic language of the Afroasiatic language family. Historically, it is one of the spoken languages of the Israelites and their longest-surviving descendants, the Jews and Samaritans. It was largely preserved ...

: אריאל רובינשטיין; born April 13, 1951) is an Israeli

economist An economist is a professional and practitioner in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are ...

who works in economic theory, game theory and bounded rationality.

Biography

Ariel Rubinstein is a professor of economics at the School of Economics at

Tel Aviv University Tel Aviv University (TAU) ( he, אוּנִיבֶרְסִיטַת תֵּל אָבִיב, ''Universitat Tel Aviv'') is a public research university in Tel Aviv, Israel. With over 30,000 students, it is the largest university in the country. Locate ...

and the Department of Economics at

New York University New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then- Secretary of the Treasury Albert Gallatin. In 1832, th ...

. He studied mathematics and economics at the Hebrew University of Jerusalem, 1972–1979 (B.Sc. Mathematics, Economics and Statistics, 1974; M.A. Economics, 1975; M.Sc Mathematics, 1976; Ph.D. Economics, 1979). 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 A Rubinstein bargaining model refers to a class of bargaining games that feature alternating offers through an infinite time horizon. The original proof is due to Ariel Rubinstein in a 1982 paper. For a long time, the solution to this type of game ...

. 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.

Honours and awards

Rubinstein was elected a member of the

Israel Academy of Sciences and Humanities Israel Academy of Sciences and Humanities, based in Jerusalem, was established in 1961 by the State of Israel to foster contact between Israeli scholars in the sciences and humanities and create a think tank for advising the government on re ...

(1995), a Foreign Honorary Member 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, a ...

in (1994) and the American Economic Association (1995). In 1985 he was elected a fellow of the

Econometric Society The Econometric Society is an international society of academic economists interested in applying statistical tools to their field. It is an independent organization with no connections to societies of professional mathematicians or statisticians. ...

, and served as its president in 2004. In 2002, he was awarded an honorary doctorate by the

Tilburg University Tilburg University is a public research university specializing in the social and behavioral sciences, economics, law, business sciences, theology and humanities, located in Tilburg in the southern part of the Netherlands. Tilburg University h ...

. He has received the Bruno Prize (2000), the Israel Prize for economics (2002), the Nemmers Prize in Economics (2004), the

EMET Prize The EMET Prize for Art, Science and Culture is an Israeli prize awarded annually for excellence in academic and professional achievements that have far-reaching influence and make a significant contribution to society. Prizes are awarded in the fol ...

(2006). and the Rothschild Prize (2010).

Published works

''Bargaining and Markets''
with Martin J. Osborne,

Academic Press Academic Press (AP) is an academic book publisher founded in 1941. It was acquired by Harcourt, Brace & World in 1969. Reed Elsevier bought Harcourt in 2000, and Academic Press is now an imprint of Elsevier. Academic Press publishes referen ...

1990
''A Course in Game Theory''
with Martin J. Osborne,

MIT Press The MIT Press is a university press affiliated with the Massachusetts Institute of Technology (MIT) in Cambridge, Massachusetts (United States). It was established in 1962. History The MIT Press traces its origins back to 1926 when MIT publish ...

, 1994.
''Modeling Bounded Rationality''

, 1998.
''Economics and Language''

Cambridge University Press Cambridge University Press is the university press of the University of Cambridge. Granted letters patent by King Henry VIII in 1534, it is the oldest university press in the world. It is also the King's Printer. Cambridge University Pre ...

, 2000.
''Lecture Notes in Microeconomic Theory: The Economic Agent''

Princeton University Press Princeton University Press is an independent publisher with close connections to Princeton University. Its mission is to disseminate scholarship within academia and society at large. The press was founded by Whitney Darrow, with the financia ...

, 2006. *
Economic Fables
',

Open Book Publishers Open Book Publishers (OBP) is an open access academic book publisher based in the United Kingdom. It is a non-profit social enterprise and community interest company (CIC) that promotes open access for academic monographs, edited collections, cr ...

, 2012.
''AGADOT HAKALKALA (heb.)''
Kineret, Zmora, Bitan, 2009.

References

External links

Personal Web site

* {{DEFAULTSORT:Rubinstein, Ariel 1951 births Living people Game theorists 20th-century Israeli economists 21st-century Israeli economists Israel Prize in economics recipients Fellows of the American Academy of Arts and Sciences Corresponding Fellows of the British Academy Fellows of the Econometric Society Tel Aviv University faculty Presidents of the Econometric Society Members of the Israel Academy of Sciences and Humanities Members of the European Academy of Sciences and Arts Behavioral economists Nancy L. Schwartz Memorial Lecture speakers New York University faculty

Biography

Honours and awards

Published works

See also

References

External links