David Schmeidler

David Schmeidler
Alma mater Hebrew University of Jerusalem
Scientific career
Fields Mathematics
Economics
Institutions Tel Aviv University
Ohio State University
Doctoral advisor Robert Aumann
Doctoral students Itzhak Gilboa
Academic career
Information at IDEAS / RePEc

David Schmeidler (born 1939) is an Israeli mathematician and economic theorist with important contributions in the theory of individual decision making under uncertainty (decision theory). He currently holds professorships at Ohio State University and Tel Aviv University. He received his PhD in Mathematics from the Hebrew University of Jerusalem under the supervision of Robert Aumann. His most influential works include the theories of Choquet expected utility[1][2] and maxmin expected utility[3] (the latter jointly with Itzhak Gilboa). Both these theories explain individual attitudes towards ambiguity that are consistent with the Ellsberg paradox.

He is also known for the egalitarian equivalence principle, which he developed together with Elisha Pazner.

References

  1. ↑ (1986): "Integral representation without additivity", Proceedings of the American Mathematical Society, 97, pp. 255–261.
  2. ↑ (1989): "Subjective probability and expected utility without additivity", Econometrica, 57, pp. 571–587.
  3. ↑ (1989): "Maxmin expected utility with non-unique prior", Journal of Mathematical Economics, 18, pp. 141–153. (with Itzhak Gilboa)
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