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Matthew Joel Rabin is the Edward G. and Nancy S. Jordan Professor of Economics in the Department of Economics at the University of California, Berkeley. He was the recipient of the 2001 John Bates Clark Medal, awarded to "that American economist under the age of forty who is judged to have made the most significant contribution to economic thought and knowledge."
He received a Bachelor of Arts in Economics and Mathematics from University of Wisconsin–Madison in 1984 and Ph.D. in Economics from MIT in 1989. Before entering MIT, he was a research student at the London School of Economics.
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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