Top Quotes & Sayings by David M. Kreps

Explore popular quotes and sayings by an economist David M. Kreps.

Last updated on November 22, 2024.

David Marc "Dave" Kreps is a game theorist and economist and professor at the Graduate School of Business at Stanford University. The Stanford University Department of Economics appointed Kreps the Adams Distinguished Professor of Management. He is known for his analysis of dynamic choice models and non-cooperative game theory, particularly the idea of sequential equilibrium, which he developed with Stanford Business School colleague Robert B. Wilson.

Economist | Born: October 18, 1950

Source: Wikipedia

It is universally appreciated, I think, that theorists are able to tweak their assumptions in order to reach any conclusion they wish. The believability of the conclusion depends not only on the fact that it was reached but on how hard the theorist had to tweak the model to get there.