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Matthew Joel Rabin (; born December 27, 1963) is an American economist. He is the Pershing Square Professor of Behavioral Economics in the Harvard Economics Department and Harvard Business School. Rabin's research focuses primarily on incorporating psychologically more realistic assumptions into empirically applicable formal economic theory. His topics of interest include errors in statistical reasoning and the evolution of beliefs, effects of choice context on exhibited preferences, reference-dependent preferences, and errors people make in inference in market and learning settings.
His research is directed, among other economic fields, towards behavioral finance and behavioral economics. Rabin works on the economics of individual self-control problems, reference-dependent preferences, fairness motives and mistakes in probabilistic reasoning. He developed Rabin fairness as a model to account for fairness in social preferences. In 2001, he was awarded the John Bates Clark Medal by the American Economic Association and also the MacArthur "Genius" Fellowship. In 2006, he was awarded the John von Neumann Award by the Rajk László College for Advanced Studies.
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Categories: 1963 Births, Living People, Macarthur Fellows, American Behavioral Economists, Fellows Of The Econometric Society, Mit School Of Humanities, Arts, And Social Sciences Alumni, University Of California, Berkeley Faculty, Harvard Business School Faculty, 20th-century American Economists, 21st-century American Economists, Harvard University Department Of Economics Faculty
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