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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

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, A Course in Microeconomic Theory, and Game Theory and Economic Modeling.

See also

• Trade-off Talking Rational Economic Person

External links

• 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

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

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