Martin S. Shubik

Seymour H. Knox Professor Emeritus of Mathematical Institutional Economics

Faculty Directory

A member of the Yale faculty since 1963, Professor Shubik is a specialist in strategic analysis, the economics of corporate competition, and the study of financial institutions. He has been a consultant to many major corporations, including the RAND Corporation, Ford Motor Company, General Electric Company, and IBM, and to the agencies of several foreign governments. He has also served as an expert witness in financial and economic litigation. The author of over three hundred articles and over a dozen books, Professor Shubik has served on the staff of the T.J. Watson Research Laboratories at IBM, and as a visiting professor at the University of Chile in Santiago, the Institute for Advanced Studies in Vienna, and the University of Melbourne. He has also served as director of the Cowles Foundation for Research in Economics at Yale.


  • PhD, Princeton University, 1953
  • AM, Princeton University, 1951
  • MA, University of Toronto, 1949
  • BA, University of Toronto, 1947

Selected Articles

Selected Working Papers


  • Distinguished Fellow, American Economic Association, 2010
  • nternational Simulation and Gaming Association Lifetime Achievement Award, 2005
  • The International Insurance Society Shin Research Exellence Award, 1999
  • Science Board, Sante Fe Institute, 1996
  • Koopman Prize in Military Operations Research, 1995
  • External Faculty, Sante Fe Institute, 1993
  • Fellow, Connecticut Academy of Arts and Sciences, 1992
  • Fellow, American Academy of Arts and Sciences, 1985
  • The Lanchester Prize, 1984
  • Medal, College de France, 1978
  • Honorary Professor, University of Vienna, 1978
  • Fellow, World Academy of Arts and Sciences, 1975
  • Fellow, Econometric Society, 1971


  • Third Avenue Trust