His parents, Yehuda Rubinstein (father) and Lea Fainsod (mother) and all his relatives died in 1941-1944 in Poland under Nazi occuption.
In 1982, he published "Perfect equilibrium in a bargaining model", Econometrica 50/1. 99-109, an important contribution to the theory of bargaining. In fact, it is a generalization of the bargaining equilibrium solution that John Forbes Nash developed in 1950.
External links
Rubenstein's Sequential Bargaining Model (http://www.economics.laurentian.ca/Strategic-Think.27/Modules/Course-Schedule.98/Bargaining/Rubenstein/Rubenstein.htm)
Rubenstein stresses that his grass-roots organization plays a vital role in combating human-rights abuses domestically as well as globally.
#rbstn-4: Ariel Rubinstein is professor of economics at the universities of Tel Aviv and Princeton.
Ariel Rubinstein is a professor at the School of Economics of Tel Aviv University and at the Department of Economics of Princeton University, and a winner of the "Pras Israel" (Israel Prize) 2002 for his achievements in the field of economics.