Kim C. Border was an American behavioral economist and professor of economics at the California Institute of Technology.

Quick Facts Born, Died ...
Kim C. Border
Born(1952-06-27)June 27, 1952
DiedNovember 19, 2020(2020-11-19) (aged 68)[1]
NationalityAmerican
Alma mater[2]
Known forBorder's theorem
Children1
Scientific career
FieldsEconomics
Doctoral advisorMarcel Kessel Richter[2]
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Career

Border received a bachelor's degree in economics from Caltech in 1974. Shortly after completing his Ph.D. in economics at the University of Minnesota in 1979, he returned to Caltech as a faculty member, where he remained for over forty years.[1]

Border specialized in decision theory and auction design. In 1991, he proved a set of inequalities (now known as Border's theorem) that characterize the possible allocations for a single-item auction,[3] a result that now plays a key role in the computational design of auctions.[4] He also contributed several applications of Arrow's impossibility theorem to economic domains.[5]

Border was also known for his teaching in subjects of mathematical economics, and for his extensive in-depth lecture notes.[6]

Personal life

Border died on November 19, 2020, and is survived by his son.[1]

Selected publications

  • Border, Kim (1985). Fixed Point Theorems with Applications to Economics and Game Theory. Cambridge: Cambridge University Press. doi:10.1017/CBO9780511625756. ISBN 9780511625756.
  • Aliprantis, Charalambos; Border, Kim (2006). Infinite Dimensional Analysis: A Hitchhiker's Guide. Springer-Verlag. doi:10.1007/3-540-29587-9. ISBN 9783662039625.
  • Border, Kim C.; Sobel, Joel (1987). "Samurai Accountant: A Theory of Auditing and Plunder". The Review of Economic Studies. 54 (4): 525–540. doi:10.2307/2297481. JSTOR 2297481.
  • Border, Kim C. (1991). "Implementation of Reduced Form Auctions: A Geometric Approach". Econometrica. 59 (4): 1178–1187. doi:10.2307/2938181. JSTOR 2938181.

References

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