Martin Shubik, the Seymour H. Knox Professor Emeritus of Mathematical Institutional Economics, died on Wednesday, August 22, 2018.
A member of the Yale faculty since 1963, a founding member of the Yale SOM faculty, and member and former director of the Cowles Foundation, Professor Shubik was a specialist in strategic analysis, the economics of corporate competition, and the study of financial institutions.
“At this time of the passing of Professor Martin Shubik—one of Yale SOM’s most accomplished faculty members and a superbly accomplished contributor to the fields of mathematics and economics—we offer our deepest sympathies to his family and large numbers of friends and colleagues,” said Dean Edward A. Snyder.
Professor Shubik received his B.A. and M.S. degrees in Mathematics and Political Economy from the University of Toronto, Ontario, Canadian 1947 and 1949 respectively. He received his A.M. and Ph.D degrees in Economics from Princeton University in 1951 and 1953 respectively. His main academic focuses were with the theory of money and financial institutions (how and why they are created and destroyed–and their social purpose) the theory of games and its relationship to strategic behavior and a third and somewhat different interest is in the management and economics of cultural institutions.
He authored twentytwo books and over 300 articles specializesing primarily in strategic analysis. A listing of his Cowles Foundation Discussion Papers and published papers can be found on his Cowles author’s page.
Shubik is survived by his wife Julie Shubik; his sister, television producer Irene Shubik; his daughter, Claire Shubik-Richards; his son-in-law, economist Seth Richards-Shubik; his grandsons, Elliot and Leopold Shubik-Richards; and his niece, Anna Shubik Sweeney, and her family.
A memorial service will be planned in the future. In lieu of flowers, donations may be made to the Inclusion Body Myositis Registry at Yale