Sublime

Several years following the end of the War of Independence, HEMED was converted into EMET and in 1968, Rafael (the Armament Development Authority) was formed.

After the end of the War of Independence, Shtrikman changed his family name to Sharon and started to work on his PhD dissertation at the faculty of agriculture in Rehovot. Thereafter, he joined the Weizmann Institute in Rehovot, was promoted to the rank of professor, and gained a worldwide reputation based on his research on lectins and carbohydrat

But if you think in terms of equilibrium, as I said, there’s a subtle bias with all of us economists. If things are in equilibrium, there’s no way to improve on that, otherwise it wouldn’t be an equilibrium, so we don’t think in terms of people gaming such systems.