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There is a history of mathematical models of oligopolistic competition dating from Cournot to the theory of games. There is also a literature generated by institutional economists, lawyers, and administrators interested in formulating and implementing public policy. It has been the tendency of these groups to work almost as though the other did not exist.
Martin Shubik
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No written law has ever been more binding than unwritten custom supported by popular opinion.
Carrie Chapman Catt
Martin Shubik
Born:
March 24, 1926
Died:
August 22, 2018
(aged 92)
Bio:
Martin Shubik was an American economist, who is Professor Emeritus of Mathematical Institutional Economics at Yale University.
Known for:
Market structure and behavior (1980)
The Aggressive Conservative Investor (1979)
The Guidance of an Enterprise Economy (2016)
Martin Shubik on Wikipedia
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