b. 1940
Ken Binmore is a British mathematician, economist, and philosopher known for foundational contributions to game theory and its application to moral and political philosophy. He has developed influential analyses of bargaining, social contract theory, and the epistemic foundations of rational choice, and served as a key architect of the UK 3G spectrum auction.
Developed a naturalistic game-theoretic reconstruction of the social contract in Natural Justice and Game Theory and the Social Contract
Produced influential critiques of backward induction and common knowledge of rationality in extensive-form games
Designed the UK 3G telecom spectrum auction, raising approximately 22.5 billion pounds
Authored widely used texts on game theory, including Playing for Real and Fun and Games
Advanced an empirically grounded theory of fairness rooted in evolutionary and bargaining considerations