Ariel Rubenstein

"Response Time and Decision Making: A 'Free' Experimental Study"

October 17, 2014

Ariel Rubinstein is probably the most widely known economist to come from Israel, the country that may well be second only to the US in important contributions to economic modeling. Educated at Hebrew University, after his compulsory service in the Israeli army, and his two years getting a bachelor’s degree in mathematics, economics, and statistics, in the next five years he earned master’s degrees both in economics and in math, plus a PhD in economics, having already published four papers, including at both Econometrica and Journal of Economic Theory. After visiting Nuffield College and Bell Labs for a year each, he joined the faculty at Hebrew, and was promoted twice within five years, becoming a full professor in 1986. Rubinstein then moved to Tel Aviv University, where he has held the Salzberg Chair since 1990. He has shown his devotion to Israeli economics by continuing to work there, while also being a Professor at Princeton 1991-2004 and at NYU since 2004. Dating back to the 1970’s, several dozen of his papers are still frontier contributions to economic theory and game theory, and he has recently carved his own path in experimental economics as well. Ariel has been an elected Fellow of the Econometric Society since 1985, and was its President in 2004. Elected a Fellow of the Israeli Academy of Sciences in 1995, he has been elected a Fellow or foreign honorary member of the corresponding Academies in the US, Britain, and Europe. To our knowledge, no other economist has accomplished this. When Rubinstein edited the book Game Theory in Economics in 1990, he admits to being naïve and not preventing the publisher from overpricing the book. Since then, he has published important, pathbreaking books with the Academic, Cambridge, Princeton, and (twice) MIT Presses, and has successfully insisted that all are available as free downloads. 52 of Rubinstein’s 96 publications in scholarly journals are in the very top economics journals, including where he started: 14 in JET and 12 in Econometrica.


11-12: Semi-public lecture, Monsanto Auditorium, “Response Time and Decision Making: A ‘Free’ Experimental Study.”

Students in 4000-level economics courses, graduate students in economics, finance, philosophy, psychology, sociology, political science and anthropology will be invited. Faculty in these disciplines and several others will be invited.