Academic Background

Frank Richardson Fellow and Tutor in Economics, Magdalen College, Oxford, 1993-2009; Professor of Economic Theory, University of Kent, 1977-93; Lecturer, London School of Economics, 1974-77; Lecturer, University of Bristol, 1973-74; Associate Professor, University of Pennsylvania, 1972-73; Assistant Professor, Northwestern University, 1971-72; Lecturer, University of Essex, 1969-71; Lecturer, University of Edinburgh, 1967-69. Visitor: University of Siena, 1995 and 2001; University of Reims, 1990; Institute of Advanced Studies, Vienna, 1987; School of Advanced Studies, Marseilles, 1983; University of Virginia, 1981; University of British Columbia, 1972. Also (currently): Editor, Magdalen College Record; Steward (and Racecourse Chairman), British Horseracing Authority (previously The Jockey Club).

Research Interests

Rational choice theory; equibrium theory.

Selected Publications

Rational Choice Theory (editor), five volumes, Routledge, London, 2006.

Choice Theory, OUP, Oxford, 2002; Chinese translation, Xuanze Zhuyi, Yilin Press, Nanjing, 2009; Spanish translation, La Teoría de la Elección, Alianza Editorial, Madrid, 2011; Italian translation, La Teoria della Scelta, Codice Edizioni, Torino, forthcoming; Arabic translation, Akhtyar Nzryh, Arab Foundation, Cairo, forthcoming.

Rational Choice, Macmillan, London and New York, 1999.

Arbitrage, Macmillan, London, 1991; Italian translation, L’Arbitraggio nell’Economia Finanizaria, Il Mulino, Bologna, 1996.

Theory of Markets, Macmillan, London, 1989.

Unconscious Contracts, Routledge, London and New York, 1987.

Value, Macmillan, London, 1983.

General Equilibrium, Macmillan, London, 1975.

Equilibrium and Disequilibrium, Ballinger, Cambridge (MA), 1973.

Existence theorems in the capital asset pricing model, in Econometrica, 59.

Equilibrium and stability, in Econometrica, 42; reprinted in Blaug and Hoover, Critical Ideas in Economics, Elgar, Cheltenham, 1999.

Tâtonnement stability, in Econometrica, 40.