Yaari, Menaḥem

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YAARI, MENAḤEM

YAARI, MENAḤEM (1935– ), Israeli economist. Yaari was born in Jerusalem and studied at the Hebrew University and Stanford University in California. A professor of mathematical economics at the Hebrew University, Yaari was director of its Institute for Advanced Studies between 1985 and 1992. From 1991 he was a member of Israel Academy of Sciences and Humanities and served as a vice president in 1994–95. In 1992–97 he was president of the Open University. In 1999 he became chairman of the Jerusalem Music Center Executive Committee. Yaari published papers on subjects such as consumerism under conditions of uncertainty, the allotment of resources over time, and insurance and economic justice. In 1987 he received the Israel Prize for economics. In 1994 he was awarded the Rothschild Prize in social sciences.