Matthew Rabin
Matthew Joel Rabin (* December 27, 1963 ) is an American economist. He researches and teaches as a professor of economics at the University of California, Berkeley.
Life and work
Rabin studied from 1981 to 1984 at the University of Wisconsin -Madison, where he received his BA in December 1984 received in economics and mathematics. In 1985 he continued his studies at the London School of Economics gone before he even to the Massachusetts Institute of Technology (MIT) joined in the same year, he in 1989 with the Ph.D. left in economics. His dissertation Predictions and solution concepts in non- cooperative games he had made under the supervision of Drew Fudenberg. Subsequently, he was an assistant professor until 1996 and from 1996 to 1999 associate professor at the University of California, Berkeley. Since 1999 he is full professor there. Guest professorships led him to MIT (1993-1994), to Northwestern University ( 1997), at the London School of Economics (2000-2001), and at Harvard University ( 2004).
The simple model of Homo economicus, which is characterized by self- interested and rational behavior, has problems in explaining the prisoner's dilemma, the Feiglingsspiels or the ultimatum game. These problems could solve Rabin by earning early 1990s fairness in the model. To this end, he introduced a friendly function that describes whether a player behaves nice or mean to a disastrous appearance. He also examined how the possibility of communication between the parties affects games. Later, Rabin devoted almost entirely behavioral economics. He examined remain as received prejudices, as well as risk aversion, pushing and self-control and morality.
Works
- Predictions and solution concepts in non- cooperative games. PhD thesis, Massachusetts Institute of Technology, 1989
- Colin F. Camerer, George Loewenstein and Matthew Rabin (ed.): 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
- 2000 MacArthur Fellow
- 2001 John Bates Clark Medal ( American Economic Association )
- 2006 John von Neumann Award
- 2011 Honorary Doctor of the University of Zurich