Drew Fudenberg
Encyclopedia
Drew Fudenberg is the Frederick E. Abbe Professor of Economics
at Harvard University
. His extensive research spans many aspects of game theory
, including equilibrium theory, learning in games, evolutionary game theory, and many applications of game theory to other fields. Fudenberg was also one of the first to apply game theoretic analysis in industrial organization, bargaining theory, and contract theory. He has also authored papers on repeated games, reputation effects, and behavioral economics.
in Applied Mathematics
from Harvard University
in 1978, when he went on to obtain his Ph.D.
in Economics
at MIT. After completing his Ph.D. in just three years, he began his assistant professorship at the University of California, Berkeley
in 1981. At Berkeley, Fudenberg was tenured at the age of 28. In 1987, he returned to a faculty position at MIT, where he taught for 6 years. In 1993, Fudenberg accepted a faculty position in the Economics department of his alma mater, Harvard University
.
Fudenberg was the associate editor of the Journal of Economic Theory
from 1984 to 1996; the Quarterly Journal of Economics
from 1984 to 1989; Econometrica
from 1985 to 1996; Games and Economic Behavior
from 1988 to 1993, and the foreign editor of the Review of Economic Studies
from 1993 to 1996. He was also the principal editor of Econometrica from 1996 until 2000.
Fudenberg has authored many books on game theory, including Game Theory with Jean Tirole
, a primary reference for graduate students in economics; Dynamic Models of Oligopoly, also with Jean Tirole; and Theory of Learning in Games with David K. Levine
.
He received the Guggenheim Fellowship
in 1990 and became a fellow of the American Academy of Arts and Sciences
in 1998.
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
at Harvard University
Harvard University
Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...
. His extensive research spans many aspects of game theory
Game theory
Game theory is a mathematical method for analyzing calculated circumstances, such as in games, where a person’s success is based upon the choices of others...
, including equilibrium theory, learning in games, evolutionary game theory, and many applications of game theory to other fields. Fudenberg was also one of the first to apply game theoretic analysis in industrial organization, bargaining theory, and contract theory. He has also authored papers on repeated games, reputation effects, and behavioral economics.
Biography
Drew Fudenberg obtained his A.B.Bachelor of Arts
A Bachelor of Arts , from the Latin artium baccalaureus, is a bachelor's degree awarded for an undergraduate course or program in either the liberal arts, the sciences, or both...
in Applied Mathematics
Applied mathematics
Applied mathematics is a branch of mathematics that concerns itself with mathematical methods that are typically used in science, engineering, business, and industry. Thus, "applied mathematics" is a mathematical science with specialized knowledge...
from Harvard University
Harvard University
Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...
in 1978, when he went on to obtain his Ph.D.
Ph.D.
A Ph.D. is a Doctor of Philosophy, an academic degree.Ph.D. may also refer to:* Ph.D. , a 1980s British group*Piled Higher and Deeper, a web comic strip*PhD: Phantasy Degree, a Korean comic series* PhD Docbook renderer, an XML renderer...
in Economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
at MIT. After completing his Ph.D. in just three years, he began his assistant professorship at the University of California, Berkeley
University of California, Berkeley
The University of California, Berkeley , is a teaching and research university established in 1868 and located in Berkeley, California, USA...
in 1981. At Berkeley, Fudenberg was tenured at the age of 28. In 1987, he returned to a faculty position at MIT, where he taught for 6 years. In 1993, Fudenberg accepted a faculty position in the Economics department of his alma mater, Harvard University
Harvard University
Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...
.
Fudenberg was the associate editor of the Journal of Economic Theory
Journal of Economic Theory
The Journal of Economic Theory, often referred to as JET, is an important scholarly journal in the field of economics. Although the journal was originally intended as a specialty journal in mathematical economics, JET is now generally regarded as the leading journal in economic theory and one of...
from 1984 to 1996; the Quarterly Journal of Economics
Quarterly Journal of Economics
The Quarterly Journal of Economics, or QJE, is a peer-reviewed academic journal published by the Oxford University Press and edited at Harvard University's Department of Economics. Its current editors are Robert J. Barro, Elhanan Helpman and Lawrence F. Katz...
from 1984 to 1989; Econometrica
Econometrica
Econometrica is a peer-reviewed academic journal of economics, publishing articles not only in econometrics but in many areas of economics. It is published by the Econometric Society and distributed by Wiley-Blackwell. Econometrica is one of the most highly ranked economics journals in the world...
from 1985 to 1996; Games and Economic Behavior
Games and Economic Behavior
Games and Economic Behavior is a journal of game theory published by Elsevier. Founded in 1989, the journal's stated objective is to communicate game-theoretic ideas across theory and applications...
from 1988 to 1993, and the foreign editor of the Review of Economic Studies
Review of Economic Studies
The Review of Economic Studies is a peer-reviewed academic journal in economics. It was established in 1933 and is published by Wiley-Blackwell. It is the eighth-ranked economics journal in overall impact according to the ranking of Kalaitzidakis et al...
from 1993 to 1996. He was also the principal editor of Econometrica from 1996 until 2000.
Fudenberg has authored many books on game theory, including Game Theory with Jean Tirole
Jean Tirole
Jean Marcel Tirole is a French professor of economics. He works on industrial organization, game theory, banking and finance, and economics and psychology. Tirole is director of the Jean-Jacques Laffont Foundation at the Toulouse School of Economics, and scientific director of the Industrial...
, a primary reference for graduate students in economics; Dynamic Models of Oligopoly, also with Jean Tirole; and Theory of Learning in Games with David K. Levine
David K. Levine
David Knudsen Levine is the John H. Biggs Distinguished Professor of Economics at Washington University in St. Louis. His research includes the study of intellectual property and endogenous growth in dynamic general equilibrium models, the endogenous formation of preferences, social norms and...
.
He received the Guggenheim Fellowship
Guggenheim Fellowship
Guggenheim Fellowships are American grants that have been awarded annually since 1925 by the John Simon Guggenheim Memorial Foundation to those "who have demonstrated exceptional capacity for productive scholarship or exceptional creative ability in the arts." Each year, the foundation makes...
in 1990 and became a fellow of the American Academy of Arts and Sciences
American Academy of Arts and Sciences
The American Academy of Arts and Sciences is an independent policy research center that conducts multidisciplinary studies of complex and emerging problems. The Academy’s elected members are leaders in the academic disciplines, the arts, business, and public affairs.James Bowdoin, John Adams, and...
in 1998.
Publications
- Game Theory, coauthor with Jean TiroleJean TiroleJean Marcel Tirole is a French professor of economics. He works on industrial organization, game theory, banking and finance, and economics and psychology. Tirole is director of the Jean-Jacques Laffont Foundation at the Toulouse School of Economics, and scientific director of the Industrial...
- Dynamic Models of Oligopoly coauthor with Jean TiroleJean TiroleJean Marcel Tirole is a French professor of economics. He works on industrial organization, game theory, banking and finance, and economics and psychology. Tirole is director of the Jean-Jacques Laffont Foundation at the Toulouse School of Economics, and scientific director of the Industrial...
- A Long-Run Collaboration on Long-Run Games, coauthor with David K. LevineDavid K. LevineDavid Knudsen Levine is the John H. Biggs Distinguished Professor of Economics at Washington University in St. Louis. His research includes the study of intellectual property and endogenous growth in dynamic general equilibrium models, the endogenous formation of preferences, social norms and...
- Theory of Learning in Games, coauthor with David K. LevineDavid K. LevineDavid Knudsen Levine is the John H. Biggs Distinguished Professor of Economics at Washington University in St. Louis. His research includes the study of intellectual property and endogenous growth in dynamic general equilibrium models, the endogenous formation of preferences, social norms and...