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  4. Summer 1990
  5. In Honor of David Kreps, Winner of the John Bates Clark Medal

Journal of Economic Perspectives

ISSN 0895-3309 (Print) | ISSN 1944-7965 (Online)

In Honor of David Kreps, Winner of the John Bates Clark Medal

  • Jean Tirole
Journal of Economic Perspectives
vol. 4, no. 3, Summer 1990
(pp. 149–170)
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Abstract

David Kreps is the winner of the 1989 John Bates Clark Medal, given to "that American economist under forty who is adjudged to have made a significant contribution to economic thought and knowledge." I will try to explain where Kreps's contributions fit in the food chain of economic ideas, why they have a high nutritional content, and why they should be in the diet of the common economist. I will arbitrarily divide this review into three major themes of Kreps's work: individual decision making, game theory (foundational and applied), and asset pricing.

Citation

Tirole, Jean. 1990. "In Honor of David Kreps, Winner of the John Bates Clark Medal." Journal of Economic Perspectives, 4 (3): 149–170. DOI: 10.1257/jep.4.3.149

JEL Classification

  • 032 History of Economic Thought--Individuals
  • 026 Theory of Uncertainty and Information
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