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Abraham Charnes (September 4, 1917 – December 19, 1992) was an American mathematician who worked in the area of
operations research Operations research ( en-GB, operational research) (U.S. Air Force Specialty Code: Operations Analysis), often shortened to the initialism OR, is a discipline that deals with the development and application of analytical methods to improve deci ...
. Charnes published more than 200 research articles and seven books, including ''An Introduction to Linear Programming''. His works influenced the development of
Data envelopment analysis Data envelopment analysis (DEA) is a nonparametric method in operations research and economics for the estimation of production frontiers.Charnes et al (1978) DEA has been applied in a large range of fields including international banking, economi ...
(DEA) method. Charnes received his bachelor's degree in 1938, master's degree in 1939, and PhD degree (with a thesis entitled ''Wing-Body Interaction in Linear Supersonic Flow'') in 1947 from the University of Illinois. Charnes taught at the
Carnegie Institute of Technology Carnegie Mellon University (CMU) is a private research university in Pittsburgh, Pennsylvania. One of its predecessors was established in 1900 by Andrew Carnegie as the Carnegie Technical Schools; it became the Carnegie Institute of Technology ...
,
Purdue University Purdue University is a public land-grant research university in West Lafayette, Indiana, and the flagship campus of the Purdue University system. The university was founded in 1869 after Lafayette businessman John Purdue donated land and money ...
,
Northwestern University Northwestern University is a private research university in Evanston, Illinois. Founded in 1851, Northwestern is the oldest chartered university in Illinois and is ranked among the most prestigious academic institutions in the world. Charte ...
, and at the
University of Texas at Austin The University of Texas at Austin (UT Austin, UT, or Texas) is a public research university in Austin, Texas. It was founded in 1883 and is the oldest institution in the University of Texas System. With 40,916 undergraduate students, 11,075 ...
since 1968. In 1975 Charnes was shortlisted for the Nobel Prize in economics. In 1982 he was awarded (jointly with
William W. Cooper William Wager Cooper (July 23, 1914 – June 20, 2012) was an American operations researcher, known as a father of management science and as "Mr. Linear Programming".. He was the founding president of The Institute of Management Sciences, founding ...
and
Richard Duffin Richard James Duffin (1909 – October 29, 1996) was an American physicist, known for his contributions to electrical transmission theory and to the development of geometric programming and other areas within operations research. Education and ...
) the
John von Neumann Theory Prize The John von Neumann Theory Prize of the Institute for Operations Research and the Management Sciences (INFORMS) is awarded annually to an individual (or sometimes a group) who has made fundamental and sustained contributions to theory in operati ...
. In 1989 he received the Harold Larnder Prize of the Canadian Operations Research Society. In 2006 he received (jointly with William W. Cooper) the
INFORMS The Institute for Operations Research and the Management Sciences (INFORMS) is an international society for practitioners in the fields of operations research (O.R.), management science, and analytics. It was established in 1995 with the merger of ...
Impact Prize. Charnes also received the Distinguished Public Service medal from the U.S. Navy for his contributions as a research physicist and operations analyst during World War II.


See also

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Chance-constrained portfolio selection Chance-constrained portfolio selection is an approach to portfolio selection under Loss aversion. The formulation assumes that investor’s preferences are representable by the expected utility of final wealth, and that they require to be acceptab ...


References


External links

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Biography of Abraham Charnes
from the Institute for Operations Research and the Management Sciences (INFORMS) {{DEFAULTSORT:Charnes, Abraham 20th-century American mathematicians 1917 births John von Neumann Theory Prize winners 1992 deaths Fellows of the Econometric Society