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Philosophy & Social Sciences

Matthew Rabin

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Who

Matthew Rabin · Philosophy & Social Sciences

What

Founder of formal behavioral economics; Clark Medal (2001), von Neumann Award (2006)

When

1963, United States

Where

United States (UC Berkeley · Harvard University)

Biography

Matthew Rabin is recognized among Jewish contributors to Philosophy & Social Sciences — Founder of formal behavioral economics; Clark Medal (2001), von Neumann Award (2006)

How & why

Rabin, an American economist identified in Jewish biographical sources as of Jewish background, built much of the formal foundation of behavioral economics, embedding psychologically realistic assumptions — fairness, self-control, present bias, projection bias — into rigorous economic models. His work reconciled economic theory with how people actually decide. He received the John Bates Clark Medal in 2001 and a MacArthur Fellowship.

Sources & external links

Verify and go deeper with these external references.

Source: Jinfo.org — Jewish recipients of the John Bates Clark Medal

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Contributions & Sources

Founder of formal behavioral economics; Clark Medal (2001), von Neumann Award (2006)

2001

Source: Jinfo.org — Jewish recipients of the John Bates Clark Medal