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David Marc "Dave" Kreps (born 1950 in New York) is a game theorist and economist and professor at the Graduate School of Business at Stanford University. 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.

David M. Kreps
Alma materStanford University
AwardsJohn Bates Clark Medal
Scientific career
FieldsGame theory
InstitutionsStanford University
Doctoral advisorEvan Lyle Porteus
Doctoral studentsChi-fu Huang
Robert Gibbons
Elchanan Ben-Porath
Marco LiCalzi

He earned his A.B. from Dartmouth College in 1972 and his Ph.D. from Stanford in 1975. Kreps won the John Bates Clark Medal in 1989. He was awarded an honorary Ph.D. by the Université Paris-Dauphine in 2001. With colleagues Paul Milgrom and Robert B. Wilson, he was awarded the 2018 John J. Carty Award for the Advancement of Science. He is a member of the National Academy of Sciences.

He has also written many books, including Microeconomics for Managers,[1] A Course in Microeconomic Theory, and Game Theory and Economic Modeling.[2]

See alsoEdit

External linksEdit

  • David M. Kreps' home page at Stanford University
  • David M. Kreps; John Roberts; Robert B. Wilson (July 1986), Contributions to the New Palgrave (PDF), Research paper, 892, Palo Alto, CA: Graduate School of Business, Stanford University, pp. 30–35, (Draft of articles for the first edition of New Palgrave Dictionary of Economics), retrieved 7 February 2011


  1. ^ David M. Kreps (2004). Microeconomics for Managers. Norton. ISBN 978-0-393-97678-6.
  2. ^ David M. Kreps (1990). Game Theory and Economic Modelling. Oxford University Press. ISBN 978-0-19-828381-2.