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David M. Kreps

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American economist (born 1950)
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David M. Kreps
Born1950 (age 74–75)
New York City, U.S.
Alma materDartmouth College (BA)
Stanford University (PhD)
Children3
AwardsJohn Bates Clark Medal,Erwin Plein Nemmers Prize in Economics,John J. Carty Award for the Advancement of Science
Scientific career
FieldsGame theory,Decision Theory,Finance
InstitutionsStanford University
Doctoral advisorEvan Lyle Porteus
Doctoral studentsChi-fu Huang
Robert Gibbons

David Marc "Dave" Kreps (born 1950) is an Americangame theorist andeconomist and professor at theGraduate School of Business atStanford University (since 1980).

Education and career

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He earned his A.B. fromDartmouth College in 1972 and his Ph.D. from Stanford in 1975. Kreps won theJohn Bates Clark Medal in 1989. He was awarded an honorary Ph.D. by theUniversité Paris-Dauphine in 2001.

TheStanford University Department of Economics appointed Kreps the Adams Distinguished Professor of Management. He is known for his analysis of dynamic choice models and non-cooperative game theory, particularly the idea ofsequential equilibrium, which he developed withStanford Business School colleagueRobert B. Wilson.

With colleaguesPaul Milgrom andRobert B. Wilson, he was awarded the 2018John J. Carty Award for the Advancement of Science. He is a member of theNational Academy of Sciences. In 2018, Kreps was awarded theErwin Plein Nemmers Prize in Economics byNorthwestern University.

He has also written many books, includingMicroeconomics for Managers,[1]A Course in Microeconomic Theory, andGame Theory and Economic Modeling.[2]

Selected publications

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  • Kreps, D. M., Milgrom, P., Roberts, J., & Wilson, R. (1982). Rational cooperation in the finitely repeated prisoners' dilemma. Journal of Economic theory, 27(2), 245-252.
  • Kreps, D. M. (1990). Corporate culture and economic theory. Perspectives on positive political economy, 90(109-110), 8.
  • Kreps, D. M., & Wilson, R. (1982). Reputation and imperfect information. Journal of economic theory, 27(2), 253-279.
  • Cho, I. K., & Kreps, D. M. (1987). Signaling games and stable equilibria. The Quarterly Journal of Economics, 102(2), 179-221.
  • Harrison, J. M., & Kreps, D. M. (1979). Martingales and arbitrage in multiperiod securities markets. Journal of Economic theory, 20(3), 381-408.
  • Kreps, D. M., & Wilson, R. (1982). Sequential equilibria. Econometrica: Journal of the Econometric Society, 863-894.
  • David M. Kreps (1990).Game Theory and Economic Modelling. Oxford University Press.ISBN 978-0-19-828381-2.[3][4]

See also

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External links

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References

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  1. ^David M. Kreps (2004).Microeconomics for Managers. Norton.ISBN 978-0-393-97678-6.
  2. ^David M. Kreps (1990).Game Theory and Economic Modelling. Oxford University Press.ISBN 978-0-19-828381-2.
  3. ^Heiner, R. (1992). Game Theory and Economic Modeling. Const. Pol. Econ., 3, 113.
  4. ^Sen, A (1992) Review: Demystifying Game Theory - Reviewed Work: Game Theory and Economic Modelling by David M. Kreps, Economic and Political Weekly, Vol. 27, No. 14, Apr. 4, pp. 698-699
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