John W. Pratt, Date of Birth

    

John W. Pratt

American business academic

Date of Birth: 11-Sep-1931

Profession: mathematician, university teacher

Nationality: United States

Zodiac Sign: Virgo


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About John W. Pratt

  • John Winsor Pratt (born 1931) is Emeritus William Ziegler professor business administration at Harvard University.
  • His former education was conducted at Princeton and Stanford, where he specialized in mathematics and statistics.
  • Pratt spent most of his academic career at Harvard University.
  • He was an editor of the Journal of the American Statistical Association from 1965 to 1970.
  • His researches on risk aversion, risk sharing incentives, and the nature and discovery of stochastic laws, statistical relationships that describe the effects of decisions.
  • He has made contributions to research in risk aversion theory, notably with Kenneth Arrow on measures of risk aversion.He also developed the theorem of 1=3, for which is famous for, especially in UK universities.
  • In 1962 he was elected as a Fellow of the American Statistical Association.Publications Introduction to Statistical Decision Theory The Structure of BusinessArticles Fair (and not so fair) Division How Many Balance Functions Does It Take To Determine A Utility Function? Efficient Risk Sharing: The Last Frontier. A New Interpretation of the F Statistic. Increasing Risk: Some Direct Constructions. Willingness to Pay and the Distribution of Risk and Wealth. The Contraction Mapping Approach to the Perron-Frobenius Theory: Why Hilbert's Metric? Evaluating and Comparing Projects: Simple Detection of False Alarms.Working Papers Some Neglected Axioms in Fair Division. Correlated Equilibrium and Nash Equilibrium as an Observer's Assessment of the Game.

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