David M. Kreps - Wikipedia

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David M. Kreps
Born	1950 (age 73–74) New York City, U.S.
Alma mater	Dartmouth College (BA) Stanford University (PhD)
Children	3
Awards	John Bates Clark Medal, Erwin Plein Nemmers Prize in Economics, John J. Carty Award for the Advancement of Science
Scientific career
Fields	Game theory, Decision Theory, Finance
Institutions	Stanford University
Doctoral advisor	Evan Lyle Porteus
Doctoral students	Chi-fu Huang Robert Gibbons

David Marc "Dave" Kreps (born 1950) is an American game theorist and economist and professor at the Graduate School of Business at Stanford University (since 1980).

Education and career

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

The Stanford 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 of sequential equilibrium, which he developed with Stanford Business School colleague Robert B. Wilson.

With colleagues Paul Milgrom and Robert B. Wilson, he was awarded the 2018 John J. Carty Award for the Advancement of Science. He is a member of the National Academy of Sciences. In 2018, Kreps was awarded the Erwin Plein Nemmers Prize in Economics by Northwestern University.

He has also written many books, including Microeconomics for Managers,^[1] A Course in Microeconomic Theory, and Game Theory and Economic Modeling.^[2]

External links

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David M. Kreps' home page at Stanford University
David M. Kreps; John Roberts; Robert B. Wilson (July 1986), Contributions to the New Palgrave (PDF), Research paper, vol. 892, Palo Alto, CA: Graduate School of Business, Stanford University, pp. 30–35, (Draft of articles for the first edition of New Palgrave Dictionary of Economics), retrieved 7 February 2011

References

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^ David M. Kreps (2004). Microeconomics for Managers. Norton. ISBN 978-0-393-97678-6.
^ David M. Kreps (1990). Game Theory and Economic Modelling. Oxford University Press. ISBN 978-0-19-828381-2.

John Bates Clark Medal recipients

v t e Topics of game theory
Definitions	Congestion game Cooperative game Determinacy Escalation of commitment Extensive-form game First-player and second-player win Game complexity Graphical game Hierarchy of beliefs Information set Normal-form game Preference Sequential game Simultaneous game Simultaneous action selection Solved game Succinct game Mechanism design
Equilibrium concepts	Bayes correlated equilibrium Bayesian Nash equilibrium Berge equilibrium Core Correlated equilibrium Coalition-proof Nash equilibrium Epsilon-equilibrium Evolutionarily stable strategy Gibbs equilibrium Mertens-stable equilibrium Markov perfect equilibrium Nash equilibrium Pareto efficiency Perfect Bayesian equilibrium Proper equilibrium Quantal response equilibrium Quasi-perfect equilibrium Risk dominance Satisfaction equilibrium Self-confirming equilibrium Sequential equilibrium Shapley value Strong Nash equilibrium Subgame perfection Trembling hand equilibrium
Strategies	Appeasement Backward induction Bid shading Collusion Cheap talk De-escalation Deterrence Escalation Forward induction Grim trigger Markov strategy Pairing strategy Dominant strategies Pure strategy Mixed strategy Strategy-stealing argument Tit for tat
Classes of games	Auction Bargaining problem Global game Intransitive game Mean-field game n-player game Perfect information Large Poisson game Potential game Repeated game Screening game Signaling game Strictly determined game Stochastic game Symmetric game Zero-sum game
Games	Go Chess Infinite chess Checkers All-pay auction Prisoner's dilemma Gift-exchange game Optional prisoner's dilemma Traveler's dilemma Coordination game Chicken Centipede game Lewis signaling game Volunteer's dilemma Dollar auction Battle of the sexes Stag hunt Matching pennies Ultimatum game Electronic mail game Rock paper scissors Pirate game Dictator game Public goods game Blotto game War of attrition El Farol Bar problem Fair division Fair cake-cutting Bertrand competition Cournot competition Stackelberg competition Deadlock Diner's dilemma Guess 2/3 of the average Kuhn poker Nash bargaining game Induction puzzles Trust game Princess and monster game Rendezvous problem
Theorems	Aumann's agreement theorem Folk theorem Minimax theorem Nash's theorem Negamax theorem Purification theorem Revelation principle Sprague–Grundy theorem Zermelo's theorem
Key figures	Albert W. Tucker Amos Tversky Antoine Augustin Cournot Ariel Rubinstein Claude Shannon Daniel Kahneman David K. Levine David M. Kreps Donald B. Gillies Drew Fudenberg Eric Maskin Harold W. Kuhn Herbert Simon Hervé Moulin John Conway Jean Tirole Jean-François Mertens Jennifer Tour Chayes John Harsanyi John Maynard Smith John Nash John von Neumann Kenneth Arrow Kenneth Binmore Leonid Hurwicz Lloyd Shapley Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Axelrod Robert Aumann Robert B. Wilson Roger Myerson Samuel Bowles Suzanne Scotchmer Thomas Schelling William Vickrey
Search optimizations	Alpha–beta pruning Aspiration window Principal variation search max^n algorithm Paranoid algorithm Lazy SMP
Miscellaneous	Bounded rationality Combinatorial game theory Confrontation analysis Coopetition Evolutionary game theory Glossary of game theory List of game theorists List of games in game theory No-win situation Topological game Tragedy of the commons

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Academics	CiNii Mathematics Genealogy Project zbMATH MathSciNet
People	DDB
Other	IdRef

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Education and career

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References