Martin Shubik
J. Martin Shubik ( born March 24, 1926 in New York City ) is a British economist and emeritus professor.
Career, teaching and research
Shubik first attended the London Woodstock School and the University College School, before he moved to the Canford School. Then he came to Canada, where he 1943 at Pickering College finished his schooling. Then he started at the University of Toronto studying mathematics, which he in 1947 as a Bachelor of Arts ended two years later, he left the university with the academic degree of Master of Arts in political economy. He joined an economics degree from Princeton University. In 1951, he reached the conclusion as Artium Magister, two years later, he graduated as a Ph.D.
As a research assistant Shubik remained after completing his studies, first at Princeton University. In 1955 he moved to the Center for Advanced Study in Behavioral Sciences at Stanford University in Palo Alto. In the fall of 1956, he initially left the science operations and worked until 1960 for General Electric. Then spent a year as visiting professor of economics at Yale University, in September 1961, he joined IBM as a new employer to. In September 1963, Shubik returned as a full professor at Yale University in the academic life back. Between 1973 and 1976 he was director of the Cowles Foundation for Research in Economics. In 1975 he was appointed to the Seymour H. Knox Professor at the university.
Shubiks main focus lies in the field of game theory. He places special emphasis on monetary theory and financial institutions as well as the behavior of economic agents under risk. Furthermore, it deals with economic warfare. In collaboration with Lloyd Shapley, he developed a power index, which is known as the Shapley - Shubik index. With his self-developed game, the dollar auction he attended in the early 1970s for attention since he made with this game, the applicability of the so-called rational choice theory of human behavior in question.
Since 1971 Shubik Fellow of the Econometric Society. He received in 1978 an honorary professorship from the University of Vienna. For his work he was awarded the 1984 Frederick W. Lanchester Prize and 1995 - with the Koopman Prize.
Works
The following list is a selection of Shubik published books again, he has also written numerous journal articles and working papers.
- The Theory of Money and Financial Institutions, 1999
- Political Economy, Oligopoly and Experimental Games, 1999