Oskar Morgenstern

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Oskar Morgenstern

Oskar Morgenstern
Born January 24, 1902(1902-01-24)
Görlitz, Germany
Died July 26, 1977 (aged 75)
Princeton, New Jersey, U.S.
Residence Austria
U.S.
Nationality American, of German descent
Field Economics
Institutions Princeton University
Alma mater University of Vienna
Known for Theory of Games and Economic Behavior

Oskar Morgenstern (January 24, 1902 - July 26, 1977) was a German born Austrian economist who, working with John von Neumann, helped found the mathematical field of game theory (see Neumann-Morgenstern utility).

Morgenstern was born in Görlitz, Germany. His mother was an illegitimate daughter of Frederick III, German Emperor.

He was educated in Vienna, and was a recipient of a three year fellowship financed by the Rockefeller Foundation. When Hitler took over Vienna, Morgenstern was in the United States and decided it would be a good idea to stay. He became a member of the faculty at Princeton University, but gravitated toward the Institute for Advanced Study. His first book was "Economic Prediction". In 1944, he and von Neumann co-wrote Theory of Games and Economic Behavior, recognized as the first book on game theory. Morgenstern also wrote the book "On the accuracy of economic observations". He applied game theory to business. He died in Princeton, New Jersey, in the United States.

  • Oskar Morgenstern, "Thirteen Critical Points in Contemporary Economic Theory: An Interpretation," Journal of Economic Literature 10, no. 4 (December 1972): 1184
- reprinted in Selected Economic /writings by Oskar Morgenstern, Andrew Schotter, ed. (New York: New York University Press, 1976), p. 288.


Persondata
NAME Morgenstern, Oskar
ALTERNATIVE NAMES
SHORT DESCRIPTION German-American economist
DATE OF BIRTH January 24, 1902
PLACE OF BIRTH Görlitz, Germany
DATE OF DEATH July 26, 1977
PLACE OF DEATH Princeton, New Jersey, U.S.
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