R.G.D. Allen
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R.G.D. Allen
Sir Roy George Douglas Allen, CBE, FBA (3 June 1906 – 29 September 1983) was an English economist, mathematician and statistician, also member of the International Statistical Institute. Life Allen was born in Worcester and educated at the Royal Grammar School Worcester, from which he won a scholarship to Sidney Sussex College, Cambridge. He gained a First Class Honours in Mathematics, ranking top of his year as the Senior Wrangler. He became a lecturer at the London School of Economics (LSE) later becoming Professor of Statistics. He wrote many papers and books on mathematical economics including the famous paper on ''A Reconsideration of the Theory of Value'' published in ''Economics'' in 1934 with Sir John Hicks. Other books include: ''Mathematical Analysis for Economists'' (1938), ''Statistics for Economists'' (1949), ''Mathematical Economics'' (1956), and ''Macroeconomic Theory'' (1967). Allen was knighted in 1966 for his services to economics and became presid ...
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Order Of The British Empire
The Most Excellent Order of the British Empire is a British order of chivalry, rewarding contributions to the arts and sciences, work with charitable and welfare organisations, and public service outside the civil service. It was established on 4 June 1917 by King George V and comprises five classes across both civil and military divisions, the most senior two of which make the recipient either a knight if male or dame if female. There is also the related British Empire Medal, whose recipients are affiliated with, but not members of, the order. Recommendations for appointments to the Order of the British Empire were originally made on the nomination of the United Kingdom, the self-governing Dominions of the Empire (later Commonwealth) and the Viceroy of India. Nominations continue today from Commonwealth countries that participate in recommending British honours. Most Commonwealth countries ceased recommendations for appointments to the Order of the British Empire when they ...
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Sidney Sussex College, Cambridge
Sidney Sussex College (referred to informally as "Sidney") is a constituent college of the University of Cambridge in England. The College was founded in 1596 under the terms of the will of Frances Sidney, Countess of Sussex (1531–1589), wife of Thomas Radclyffe, 3rd Earl of Sussex, and named after its foundress. It was from its inception an avowedly Protestant foundation;Sidney Sussex College website; history
"some good and godlie moniment for the mainteynance of good learninge". In her will, Lady Frances Sidney left the sum of £5,000 together with some plate to found a new College at Cambridge University "to be called the Lady Frances Sidney Sussex College". Her executors
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1983 Deaths
The year 1983 saw both the official beginning of the Internet and the first mobile cellular telephone call. Events January * January 1 – The migration of the ARPANET to TCP/IP is officially completed (this is considered to be the beginning of the true Internet). * January 24 – Twenty-five members of the Red Brigades are sentenced to life imprisonment for the 1978 murder of Italian politician Aldo Moro. * January 25 ** High-ranking Nazi war criminal Klaus Barbie is arrested in Bolivia. ** IRAS is launched from Vandenberg AFB, to conduct the world's first all-sky infrared survey from space. February * February 2 – Giovanni Vigliotto goes on trial on charges of polygamy involving 105 women. * February 3 – Prime Minister of Australia Malcolm Fraser is granted a double dissolution of both houses of parliament, for elections on March 5, 1983. As Fraser is being granted the dissolution, Bill Hayden resigns as leader of the Australian Labor Party, and in the subsequ ...
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1906 Births
Events January–February * January 12 – Persian Constitutional Revolution: A nationalistic coalition of merchants, religious leaders and intellectuals in Persia forces the shah Mozaffar ad-Din Shah Qajar to grant a constitution, and establish a national assembly, the Majlis. * January 16–April 7 – The Algeciras Conference convenes, to resolve the First Moroccan Crisis between France and Germany. * January 22 – The strikes a reef off Vancouver Island, Canada, killing over 100 (officially 136) in the ensuing disaster. * January 31 – The Ecuador–Colombia earthquake (8.8 on the Moment magnitude scale), and associated tsunami, cause at least 500 deaths. * February 7 – is launched, sparking a naval race between Britain and Germany. * February 11 ** Pope Pius X publishes the encyclical ''Vehementer Nos'', denouncing the 1905 French law on the Separation of the Churches and the State. ** Two British members of a poll tax collecting ...
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Journal Of The Royal Statistical Society
The ''Journal of the Royal Statistical Society'' is a peer-reviewed scientific journal of statistics. It comprises three series and is published by Wiley for the Royal Statistical Society. History The Statistical Society of London was founded in 1834, but would not begin producing a journal for four years. From 1834 to 1837, members of the society would read the results of their studies to the other members, and some details were recorded in the proceedings. The first study reported to the society in 1834 was a simple survey of the occupations of people in Manchester, England. Conducted by going door-to-door and inquiring, the study revealed that the most common profession was mill-hands, followed closely by weavers. When founded, the membership of the Statistical Society of London overlapped almost completely with the statistical section of the British Association for the Advancement of Science. In 1837 a volume of ''Transactions of the Statistical Society of London'' were wri ...
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Oskar Morgenstern
Oskar Morgenstern (January 24, 1902 – July 26, 1977) was an Austrian-American economist. In collaboration with mathematician John von Neumann, he founded the mathematical field of game theory as applied to the social sciences and strategic decision-making (see von Neumann–Morgenstern utility theorem). Companies he served as founder/co-founder of included Market Research Corporation of America, Mathematica and Mathematica Policy Research. Biography Morgenstern was born in Görlitz in the Prussian Province of Silesia. His mother was said to be a daughter of Emperor Frederick III of Germany. Morgenstern grew up in Vienna, Austria, where he also went to university. In 1925, he graduated from the University of Vienna and got his PhD in political science. From 1925 until 1928, he went on a three-year fellowship financed by the Rockefeller Foundation. After his return in 1928, he became a professor in economics at the University of Vienna until his visit to Princeton Univer ...
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Wilhelm Winkler
Wilhelm Winkler (29 June 1884 – 3 September 1984) had successful careers as both an academic statistician (despite receiving no formal academic training in the field), and a program director in the Austrian government. Biography Early life Wilhelm was the fifth of the eight children of Anne and music teacher Julius Winkler, a family situation that required him to work starting at age 13. He attended law school at Charles-Ferdinand University in Prague, practiced law briefly in 1908, did a stint in the Austrian army, then settled into a position at the Statistical Bureau of Bohemia as the sole German-speaking statistician. While working there, he attended many university classes and reached the conclusion that "the German statistical literature did not offer too many ideas. New life came into statistics from England and Russia where the importance of mathematical tools was recognized." War years Winkler re-enlisted in the Austrian army at the outbreak of World War I in 1914, and ...
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Arthur Lyon Bowley
Sir Arthur Lyon Bowley, FBA (6 November 1869 – 21 January 1957) was an English statistician and economist who worked on economic statistics and pioneered the use of sampling techniques in social surveys. Early life Bowley's father, James William Lyon Bowley, was a minister in the Church of England. He died at the age of 40 when Arthur was one, leaving Arthur's mother as mother or stepmother to seven children. Arthur was educated at Christ's Hospital, and won a scholarship to Trinity College, Cambridge to study mathematics. He graduated as Tenth Wrangler. At Cambridge Bowley had a short course of study with the economist Alfred Marshall who had also been a Cambridge wrangler. Under Marshall's influence Bowley became an economic statistician. His ''Account of England's Foreign Trade'' won the Cobden Essay Prize and was published as a book. Marshall watched over Bowley's career, recommending him for jobs and offering him advice. Most notoriously Marshall told him the ''Element ...
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Elasticity Of Substitution
Elasticity of substitution is the ratio of percentage change in capital-labour ratio with the percentage change in Marginal Rate of Technical Substitution. In a competitive market, it measures the percentage change in the two inputs used in response to a percentage change in their prices.Bergstrom, Ted (2015)''Lecture Notes on Elasticity of Substitution'' p. 5. Viewed June 17, 2016. It gives a measure of the curvature of an isoquant, and thus, the substitutability between inputs (or goods), i.e. how easy it is to substitute one input (or good) for the other. History of the concept John Hicks introduced the concept in 1932. Joan Robinson independently discovered it in 1933 using a mathematical formulation that was equivalent to Hicks's, though that was not implemented at the time.Chirinko, Robert (2006)''Sigma: The Long and Short of It'' '' Journal of Macroeconomics. '' 2: 671-86. Definition The general definition of the elasticity of X with respect to Y is E^X_Y = \frac, which redu ...
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Royal Statistical Society
The Royal Statistical Society (RSS) is an established statistical society. It has three main roles: a British learned society for statistics, a professional body for statisticians and a charity which promotes statistics for the public good. History The society was founded in 1834 as the Statistical Society of London, though a perhaps unrelated London Statistical Society was in existence at least as early as 1824. At that time there were many provincial statistics societies throughout Britain, but most have not survived. The Manchester Statistical Society (which is older than the LSS) is a notable exception. The associations were formed with the object of gathering information about society. The idea of statistics referred more to political knowledge rather than a series of methods. The members called themselves "statists" and the original aim was "...procuring, arranging and publishing facts to illustrate the condition and prospects of society" and the idea of interpretin ...
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Knight Bachelor
The title of Knight Bachelor is the basic rank granted to a man who has been knighted by the monarch but not inducted as a member of one of the organised orders of chivalry; it is a part of the British honours system. Knights Bachelor are the most ancient sort of British knight (the rank existed during the 13th-century reign of King Henry III), but Knights Bachelor rank below knights of chivalric orders. A man who is knighted is formally addressed as "Sir irst Name urname or "Sir irst Name and his wife as "Lady urname. Criteria Knighthood is usually conferred for public service; amongst its recipients are all male judges of His Majesty's High Court of Justice in England. It is possible to be a Knight Bachelor and a junior member of an order of chivalry without being a knight of that order; this situation has become rather common, especially among those recognized for achievements in entertainment. For instance, Sir Michael Gambon, Sir Derek Jacobi, Sir Anthony Hopkins, Sir ...
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John Hicks
Sir John Richards Hicks (8 April 1904 – 20 May 1989) was a British economist. He is considered one of the most important and influential economists of the twentieth century. The most familiar of his many contributions in the field of economics were his statement of consumer demand theory in microeconomics, and the IS–LM model (1937), which summarised a Keynesian view of macroeconomics. His book ''Value and Capital'' (1939) significantly extended general-equilibrium and value theory. The compensated demand function is named the Hicksian demand function in memory of him. In 1972 he received the Nobel Memorial Prize in Economic Sciences (jointly) for his pioneering contributions to general equilibrium theory and welfare theory. Early life Hicks was born in 1904 in Warwick, England, and was the son of Dorothy Catherine (Stephens) and Edward Hicks, a journalist at a local newspaper. He was educated at Clifton College (1917–1922) and at Balliol College, Oxford (1922– ...
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