Kim C. Border

Professor of Economics

Division of the Humanities and Social Sciences
228-77
California Institute of Technology
Pasadena, CA 91125

626–395–4218
kcborder@caltech.edu

Degrees

B.S. with Honor 1974, Economics, California Institute of Technology.
Ph.D. 1979, Economics, University of Minnesota.

Experience

California Institute of Technology.

Assistant Professor of Economics, 1979–1983.
Associate Professor of Economics, 1983–1995.
Professor of Economics, since 1995.

Director of Graduate Studies for the Social Sciences, 1994–1996.
Executive Officer for the Social Sciences, 1995–1999.
Chair of the Faculty, 1999–2001.

Books

Fixed Point Theorems with Application to Economics and Game Theory.

Cambridge University Press, Cambridge, 1985.
Corrected 3rd. printing and paperback edition, 1989.

Positive Operators, Riesz Spaces, and Economics,

editor, with C. D. Aliprantis and W. A. J. Luxemburg. Springer–Verlag, Berlin, 1991.

Infinite Dimensional Analysis: A Hitchhiker's Guide,

with C. D. Aliprantis. Springer–Verlag, Berlin, 1994.
2nd. edition, 1999.
3rd. edition, 2006.

Articles

Expectations equilibrium with expectations conditioned on past data,

with J. S. Jordan. Journal of Economic Theory 22: 395–406, 1980.
(doi:10.1016/0022-0531(80)90050-2)

Straightforward elections, unanimity, and phantom voters,

with J. S. Jordan. Review of Economic Studies 50: 153–170, 1983.
(JSTOR)

Social welfare functions for economic environments with and without the Pareto principle.

Journal of Economic Theory 29: 205–216, 1983.
(doi:10.1016/0022-0531(83)90045-5)

A core existence theorem for games without ordered preferences.

Econometrica 52: 1537–1542, 1984.
(JSTOR)

An impossibility theorem for spatial models.

Public Choice 43: 293–303, 1984.
(doi:10.1007/BF00118938)

More on Harsanyi's cardinal welfare theorem.

Social Choice and Welfare 1: 279–281, 1985.
(doi:10.1007/BF00649263)

Samurai accountant: a theory of auditing and plunder,

with J. Sobel. Review of Economic Studies 5: 525–540, 1987.
(JSTOR)

Reprinted in The Economics of Information, S. A. Lippman and D. K. Levine (editors).
Edward Elgar, Cheltenham, UK, 1995.
(Elgar)

Implementation of reduced form auctions: a geometric approach.

Econometrica 59: 1175–1187, 1991.
(JSTOR)

Functional analytic tools in expected utility theory,

in K. C. Border, C. D. Aliprantis, and W. A. J. Luxemburg (editors),
Positive Operators, Riesz Spaces, and Economics, pages 69–88. Springer–Verlag, Berlin, 1991.

Revealed preference, stochastic dominance, and the expected utility hypothesis.

Journal of Economic Theory 56: 20–42, 1992.
(doi:10.1016/0022-0531(92)90067-R)

Dutch books and conditional probability,

with U. Segal. Economic Journal 104: 71–75, 1994.
(JSTOR)

Dynamic consistency implies approximately expected utility preferences,

with U. Segal. Journal of Economic Theory 63: 170–188, 1994.
(doi:10.1006/jeth.1994.1038)

Preferences over solutions to the bargaining problem,

with U. Segal. Econometrica 65: 1–18, 1997.
(JSTOR)

Reprinted in Bargaining and the Theory of Cooperative Games: John Nash and Beyond, William Thomson (editor).
Edward Elgar, Cheltenham, UK, 2010.

Economies with many commodities,

with C. D. Aliprantis and O. Burkinshaw. Journal of Economic Theory 74: 62–105, 1997.
(doi:10.1006/jeth.1996.2240)

Market economies with many commodities,

with C. D. Aliprantis and O. Burkinshaw.
Decisions in Economics and Finance (formerly Rivista di Matematica per le Scienze Economiche e Sociali) 19: 113–185, 1996.
(doi:10.1007/BF02441265)

A new proof of the existence of equilibrium in the single sector growth model,

with C. D. Aliprantis and O. Burkinshaw. Macroeconomic Dynamics 1: 669–679, 1997.
(doi:10.1017/S1365100597005014)

Coherent odds and subjective probability,

with U. Segal. Journal of Mathematical Psychology, 46:253–268, 2002.
(doi:10.1006/jmps.2001.1387)

Reduced form auctions revisited.

Economic Theory, 31:167–181, 2007.
(doi:10.1007/s00199-006-0080-z)

Unanimous subjective probabilities,

with Paolo Ghirardato and Uzi Segal. Economic Theory, 34:383–387, 2008.
(doi:10.1007/s00199-006-0174-7)

Personal information

U.S. Citizen.