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Ariel Rubinstein

Ariel Rubinstein
Ariel Rubinstein, 2007
Born (1951-04-13) April 13, 1951
Jerusalem, Israel
Nationality Israeli
Institution Tel Aviv University and New York University
Alma mater Hebrew University of Jerusalem
Awards Israel Prize (2002)
Nemmers Prize in Economics (2004)
EMET Prize (2006)
Rothschild Prize (2010)
Information at IDEAS / RePEc

Ariel Rubinstein (Hebrew: אריאל רובינשטיין) (born April 13, 1951) is an Israeli economist who works in Economic Theory, Game Theory and Bounded Rationality .


  • Biography 1
  • Honours and awards 2
  • Published works 3
  • See also 4
  • References 5
  • External links 6


Ariel Rubinstein studied mathematics and economics at the Hebrew University of Jerusalem, 1972–1979. He is a professor of economics at the School of Economics at Tel Aviv University and the Department of Economics at New York University.

In 1982, he published "Perfect equilibrium in a bargaining model",[1] an important contribution to the theory of bargaining. The model is known also as a Rubinstein bargaining model. 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. He also co-wrote A Course in Game Theory (1994) with Martin J. Osborne, a textbook that has been cited in excess of 5,300 times as of March 2014.[2]

Honours and awards

Rubinstein was elected a member of the Israel Academy of Sciences and Humanities (1995),[3] a Foreign Honorary Member of the American Academy of Arts and Sciences in (1994)[4] and the American Economic Association (1995). In 1985 he was elected a fellow of the Econometric Society,[5] and served as its president in 2004.[6]

In 2002, he was awarded an honorary doctorate by the Tilburg University.[7]

He has received the Bruno Prize (2000), the Israel Prize for economics (2002),[8][9] the Nemmers Prize in Economics (2004),[10][11] the EMET Prize (2006).[12] and the Rothschild Prize (2010).[13]

Published works

  • Bargaining and Markets, with Martin J. Osborne, Academic Press 1990
  • A Course in Game Theory, with Martin J. Osborne, MIT Press, 1994.
  • Modeling Bounded Rationality, MIT Press, 1998.
  • Economics and Language, Cambridge University Press, 2000.
  • Lecture Notes in Microeconomic Theory: The Economic Agent, Princeton University Press, 2006.
  • Economic Fables, OpenBook Publishers, 2012.
  • AGADOT HAKALKALA (heb.), Kineret, Zmora, Bitan, 2009.

See also


  1. ^ Rubinstein, Ariel (1982). "Perfect Equilibrium in a Bargaining Model" (PDF).  
  2. ^
  3. ^ "Prof. Rubinstein Ariel Member Information (Election year 1995)". Israel Academy of Sciences and Humanities. Retrieved 27 May 2013. 
  4. ^ "Book of Members, 1780–2010: Chapter R" (PDF). American Academy of Arts and Sciences. Archived (PDF) from the original on 13 June 2011. Retrieved 3 June 2011. 
  5. ^ Welcome to the website of The Econometric Society An International Society for the Advancement of Economic Theory in its Relation to Statistics and Mathematics
  6. ^ Welcome to the website of The Econometric Society An International Society for the Advancement of Economic Theory in its Relation to Statistics and Mathematics
  7. ^ Tilburg University - Prof. Ariel Rubinstein
  8. ^ "Israel Prize Official Site (in Hebrew) – Recipient’s C.V.". 
  9. ^ "Israel Prize Official Site (in Hebrew) – Judges' Rationale for Grant to Recipient". 
  10. ^ Nemmers Prizes, Awards, Office of the Provost, Northwestern University
  11. ^ The presentation of Ariel Rubinstein for the 2004 Nemmers Prize in Economics.
  12. ^
  13. ^

External links

  • Personal Web site
  • Nash lecture
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