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Itzhak GILBOA

Professor

Economics and Decision Sciences

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Biography

Itzhak Gilboa studied Mathematics and Computer Science (BSc, 1982) and Economics (BA, 1982, MA, 1984, Ph.D., 1987) at Tel Aviv University, with the graduate studies under the supervision of David Schmeidler.

He works in decision theory and other fields in economic theory such as game theory and social choice. His main research areas are decision under uncertainty, focusing on the definition of probability, notions of rationality, non-Bayesian decision models, and related issues.

He has been teaching a variety of courses on microeconomics, decision theory, game theory, psychology and economics, and related fields, at the undergraduate, graduate, and MBA levels.

He is the author of severel books such as Analogies and Theories: Formal Models of Reasoning, Oxford University Press, 2015 ; Theory of Decision under Uncertainty, Cambridge University Press, 2009 ; Rational Choice, MIT Press, 2010 and  Making Better Decisions, Wiley-Blackwell, 2010.

His recent research papers are published in prestigious scientific journals such as American Economic Review, Games and Economic Behavior, Annual Reviews in Economics, BE Journals in Theoretical Economics, Econometrica, Economics and Philosophy, Journal of Economic Theory, Journal of Economic Perspectives, Mathematical Social Sciences, Review of Economics and Statistics, The Journal of Econometrics.

Itzhak Gilboa is also the holder of the AXA Chair in Decision Sciences

 

Scientific articles

Case-Based Optimization

Games and Economic Behavior, 1996, vol. 15, pp 1-26, (in coll. with D. Schmeidler)

Case-Based Decision Theory

Quarterly Journal of Economics, 1995, vol. 110, pp 605-639, (in coll. with D. Schmeidler)

Aggregation of Semi-Orders: Intransitive Indifference Makes a Difference

Economic Theory, 1995, vol. 5, pp 109-126, (in coll. with R. Lapson)

Credible Equilibria in Games with Changing Utility

Games and Economic Behavior, 1995, vol. 10, pp 284-317, (in coll. with J. Ferreira, M. Maschler)

Canonical Representation of Set Functions

Mathematical Methods of Operations Research, 1995, vol. 20, pp 197-212, (in coll. with D. Schmeidler)

Linear Measures, the Gini Index and the Income-Equality Tradeoff

Journal of Economic Theory, 1994, vol. 64, pp 443-467, (in coll. with E. Ben-Porath)

Additive Representations of Non-Additive Measures and the Choquet Integral

Annals of Operations Research, 1994, vol. 51, pp 43-65, (in coll. with D. Schmeidler)

Infinite Histories and Steady Orbits in Repeated Games

Games and Economic Behavior, 1994, vol. 6, pp 370-399, (in coll. with D. Schmeidler)

The Complexity of Eliminating Dominated Strategies

Mathematics of Operations Research, 1993, vol. 18, pp 553-565, (in coll. with E. Kalai, E. Zemel)

Updating Ambiguous Beliefs

Journal of Economic Theory, 1993, vol. 59, pp 33-49, (in coll. with D. Schmeidler)

Books

Chapters in edited books

Proceedings

Working papers

Scientific articles

Pareto Efficiency with Different Beliefs

Journal of Legal Studies, June 2014, vol. 43, n° S2, pp S151-S171, (in coll. with G. GAYER, L. SAMUELSON, D. SCHMEIDLER)

Rhetoric and Analogies

Research in Economics, July 2014, vol. 68, n° 1, pp 1-10, (in coll. with E. ARAGONES, A. POSTLEWAITE, D. SCHMEIDLER)

Dynamics of Inductive Inference in a Unified Framework

Journal of Economic Theory, July 2013, vol. 148, n° 4, pp 1399-1432, (in coll. with L. Samuelson, D. Schmeidler)

The predictive role of counterfactuals

Theory and Decision, February 2013, vol. 74, n° 2, pp 167-182, (in coll. with A. Di Tillio, L. Samuelson)

Books

Chapters in edited books

Proceedings

Working papers

Education

  • Ph.D. in Economy, Tel-Aviv University - Israel
  • M.A. in Economics, Tel-Aviv University - Israel
  • B.Sc. in Mathematics and Computer Science, Tel-Aviv University - Israel
  • B.A. in Economics, Tel-Aviv University - Israel

Academic appointments

External Academic Responsibilities

  • 1992-1997 Professor of Economics and Decision Sciences Northwestern University, Kellogg Graduate School of Management

Scientific Activities

Membership in Academic or Professional Organisation

  • Member of the Council of the Econometric Society
  • Member of the Game Theory Society Council
  • Chair of the Berglas School of Economics
  • Head of the Adi Lautman Interdisciplinary Program for Excellent Students
  • Chair of Junior Recruiting Committee
  • The Econometric Society
  • The Society for the Promotion of Economic Theory

Editorial activities

  • 2014- Co-Editor, Econometrica

  • Conference organisation

  • 2021-2021 Organizer D-TEA (Decision: Theory, Experiments, and Applications) Workshop, Topic: Determinants of Utility
  • 2020-2020 Co-Organizer D-TEA (Decision: Theory, Experiments, and Applications) Workshop, Topic: Prospect Theory
  • 2019-2019 Co-Organizer D-TEA (Decision: Theory, Experiments, and Applications) Workshop, Topic: Ambiguity, and Honoring David Schmeidler's 80th Birthday
  • 2018-2018 Co-Organizer D-TEA (Decision: Theory, Experiments, and Applications) Workshop, Topic: Modes of Decision Making, and Dedicated to the memory of Herbert A. Simon
  • 2017-2017 Co-Organizer D-TEA (Decisions: Theory, Experiments and Applications) Workshop, Topic: Voting Systems, and Dedicated to the memory of Kenneth J. Arrow
  • 2016-2016 Co-Organizer D-TEA (Decisions: Theory, Experiments and Applications) Workshop, Topic: Beyond Revealed Preference
  • 2015-2015 Co-Organizer D-TEA (Decisions: Theory, Experiments and Applications) Workshop, Topic: Decisions and Finance
  • 2014-2014 Co-Organizer D-TEA (Decisions: Theory, Experiments and Applications) Workshop, Topic: Individual Rationality, Group Rationality
  • 2013-2013 Co-Organizer D-TEA (Decisions: Theory, Experiments and Applications) Workshop, Topic: Ambiguity
  • 2012-2012 Co-Organizer D-TEA (Decisions: Theory, Experiments and Applications) Workshop, Topic: Decision Processes
  • 2011-2011 Co-Organizer D-TEA (Decisions: Theory, Experiments and Applications) Workshop, Topic: Utility - Its measurement and meaning
  • 2010-2010 Co-Organizer D-TEA (Decisions: Theory, Experiments and Applications) Workshop, Topic: Group Decisions
  • 2009-2009 Co-Organizer D-TEA (Decisions: Theory, Experiments and Applications) Workshop, Topic: Uncertainty
  • Awards & honors

    • 2014 HEC Foundation - 2014 Research Award
    • 2013 Fellow of the Society for Advancement of Economic Theory
    • 2000 Fellow of the Econometric Society
    • 1992 Sidney J. Levy Teaching Award
    • 1992 Frederic E. Nemmers Distinguished Professor of Decision Sciences
    • 1992 Alfred P. Sloan Research Fellowship