Howard Raiffa

Howard Raiffa ( ; January 24, 1924 – July 8, 2016) was an American academic who was the Frank P. RamseyProfessor (Emeritus) of Managerial Economics, a joint chair held by the Business School and Harvard Kennedy School at Harvard University. He was an influential Bayesiandecision 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. He helped found and was the first director of the International Institute for Applied Systems Analysis.