The last Cowles Lunch of the year was capped-off by Martin Shubik, Seymour Knox Professor Emeritus of Mathematical Institutional Economics, who gave a talk on his life-long work titled, “A Nontechnical Overview of a Game Theory Approach to Money and Financial Institutions“ [Slides]. The 90-year-old professor was introduced by Department Chair, Dirk Bergemann, who presented a photo tribute to Prof. Shubik in honor of his milestone birthday celebrated earlier this month. The slide show featured a chronological, pictorial compilation of Shubik dating back to his early childhood, collegiate and naval days, and several candid conference photos including the Cowles Foundation 50th Anniversary celebration in June of 1983.
Shubik earned his Ph.D. in Economics from Princeton University in 1953 after which he worked at several universities. He first came to Yale in 1960 as a visiting professor, and then later became a full professor in 1963. He was the director of the Cowles Foundation from 1973-75, and was named the Seymour Knox Professor of Mathematical Institutional Economics in 1975 before retiring in 2006. Shubik’s research focuses on game theory and operations research, theory of money, and economic theory. He has authored or co-authored 20 books and has publish over 300 articles.