Oskar Morgenstern
From Wikipedia, the free encyclopedia
 Oskar Morgenstern |
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| Born | January 24, 1902 Görlitz, Germany |
|---|---|
| Died | July 26, 1977 Princeton, New Jersey, USA |
| Residence | Germany  , USA  |
| Nationality | German born, American |
| Field | Economics |
| Institution | Princeton University |
| Alma Mater | Princeton University |
| Known for | Theory of Games and Economic Behavior |
Oskar Morgenstern (January 24, 1902 - July 26, 1977) was a German born economist who, working with John von Neumann, helped found the mathematical field of game theory.
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 overtook Vienna, Morgenstern was at Princeton University at the time and decided it would be a good idea to stay. He became a member of the faculty, 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.
