Howard Raiffa | |
---|---|
Born | January 24, 1924 |
Died | July 8, 2016 | (aged 92)
Nationality | American |
Alma mater | University of Michigan |
Scientific career | |
Institutions | Harvard University |
Doctoral advisor | Arthur Herbert Copeland |
Doctoral students | Gordon M. Kaufman Robert B. Wilson |
Howard Raiffa (/ˈreɪfə/ RAY-fə; January 24, 1924 – July 8, 2016) was an American academic who was the Frank P. Ramsey Professor (Emeritus) of Managerial Economics, a joint chair held by the Business School and Harvard Kennedy School at Harvard University.[1] He was an influential Bayesian decision theorist and pioneer in the field of decision analysis, with works in statistical decision theory, game theory, behavioral decision theory, risk analysis, and negotiation analysis.[2] He helped found and was the first director of the International Institute for Applied Systems Analysis.[3][4]
I think of myself as a decision analyst who believes in using subjective probabilities. I would prefer being called a "subjectivist" than a "Bayesian."
I got an idea: call it applied systems analysis, because nobody will know what it means. We had a clean slate.