Oskar Morgenstern

Oskar Morgenstern
Born(1902-01-24)January 24, 1902
DiedJuly 26, 1977(1977-07-26) (aged 75)
Academic background
EducationUniversity of Vienna
Doctoral advisorLudwig von Mises
InfluencesOthmar Spann
Carl Menger
Academic work
DisciplineEconomics
School or traditionAustrian School
InstitutionsPrinceton University
New York University
Mathematica Policy Research
Doctoral studentsMartin Shubik
Lionel W. McKenzie
Notable ideasGame theory, mathematical economics

Oskar Morgenstern (German: [ˈmɔʁɡn̩ʃtɛʁn]; January 24, 1902 – July 26, 1977) was a German-born economist. In collaboration with mathematician John von Neumann, he is credited with founding the field of game theory and its application to social sciences and strategic decision-making. He also made significant contributions to decision theory (see von Neumann–Morgenstern utility theorem).[1][2][3][4]

He served as a consultant or co-founder for companies including the Market Research Corporation of America and the original Mathematica Inc.

  1. ^ Schotter, Andrew (1992). "Oskar Morgenstern's Contribution to the Development of the Theory of Games". In Weintraub, E. Roy (ed.). Toward a History of Game Theory. Durham: Duke University Press. pp. 95–112. ISBN 0-8223-1253-0.
  2. ^ Leonard, Robert (2010). Von Neumann, Morgenstern and the Creation of Game Theory. New York: Cambridge University Press. doi:10.1017/CBO9780511778278. ISBN 978-0-521-56266-9.
  3. ^ Kuhn, H.W.; Tucker, A.W. (1958). "John von Neumann's work in the theory of games and mathematical economics". Bull. Amer. Math. Soc. 64 (Part 2) (3): 100–122. CiteSeerX 10.1.1.320.2987. doi:10.1090/s0002-9904-1958-10209-8. MR 0096572.
  4. ^ von Neumann, J (1928). "Zur Theorie der Gesellschaftsspiele". Mathematische Annalen (in German). 100: 295–320. doi:10.1007/bf01448847. S2CID 122961988.

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