Leonid Hurwicz
Leonid Hurwicz (born August 21, 1917 in Moscow , † June 24, 2008 in Minneapolis , Minnesota ) was an American economist and Nobel Prize winner . He was emeritus of the University of Minnesota and was considered to be the founder of the "Mechanism Design" theory , which was later significantly developed by Eric S. Maskin and Roger B. Myerson .
Life
Hurwicz was born to Polish-Jewish parents in Moscow in 1917. After the end of the war, his family returned to Warsaw in early 1919 , where he went to school and later also attended university. In 1938 he finished his studies at the University of Warsaw as a master of both rights . From 1935 to 1938 he studied both experimental physics and piano at the Conservatory of Music . After attending the London School of Economics from 1938 to 1939, Hurwicz went to Switzerland when the Second World War broke out and emigrated to the USA in 1940. Here he worked with the Nobel Prize winner Paul A. Samuelson , among others . He was visiting professor at Harvard University and Stanford University , among others .
The Hurwicz rule named after him , which can be used to choose between alternatives in the event of uncertainty , has become widely accepted in economic science teaching .
Awards
In 1965 Hurwicz was elected to the American Academy of Arts and Sciences , in 1974 to the National Academy of Sciences .
In 2007, Hurwicz was awarded the Nobel Prize in Economics , along with Eric Maskin and Roger Myerson, for work on the design of economic mechanisms . At the time of the award, at the age of 90, he was the oldest award winner to date.
Web links
Footnotes
- ↑ reuters.com, Russian-born US economist oldest-ever Nobel winner . October 18, 2007
| personal data | |
|---|---|
| SURNAME | Hurwicz, Leonid |
| BRIEF DESCRIPTION | American economist |
| DATE OF BIRTH | August 21, 1917 |
| PLACE OF BIRTH | Moscow |
| DATE OF DEATH | June 24, 2008 |
| Place of death | Minneapolis |