Martin Shubik | |
|---|---|
| Born | March 24, 1926 New York City, US |
| Died | August 22, 2018 (aged 92) |
| Years active | 1953-2018 |
| Spouse | Julia Kahn |
| Children | Claire Louise Shubik |
| Academic career | |
| Field |
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| Institution | Yale University |
| Alma mater | |
| Doctoral advisor | Oskar Morgenstern |
| Doctoral students | James W. Friedman |
| Awards |
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| Information at IDEAS / RePEc | |
| Website | economics |
Martin Shubik (1926-2018) was an American mathematical economist who specialized in game theory, defense analysis, and the theory of money. The latter was his main research interest and he referred to it as his "white whale". He also coined the term "mathematical institutional economics" in 1959 to describe his scholarly approach to studying the economy.[1] He spent the majority of his career at Yale University, where he was heavily involved with the Cowles Foundation for Research in Economics, and launched the virtual Museum of Money and Financial Institutions.[2]
Outside of economics, he began studying inclusion body myositis (IBM) after a 2003 diagnosis. He provided seed money to the Yale School of Public Health for the IBM Disease Registry in 2011, a survey was conducted in 2012-2013, and he is a co-author on a 2015 paper about the initial results (along with his son-in-law Seth Richards-Shubik).[3]