Harry Markowitz
Harry Markowitz | |
|---|---|
| Born | August 24, 1927 |
| Died | June 22, 2023 (aged 95) |
| Nationality | United States |
| Institution | Harry Markowitz Company Rady School of Management at the University of California at San Diego Baruch College of the City University of New York RAND Corporation Cowles Commission |
| Field | Financial economics |
| School or tradition | Chicago School of Economics |
| Alma mater | University of Chicago, (PhD) |
| Contributions | Modern Portfolio Theory Efficient/ Markowitz Frontier Sparse Matrix Methods SIMSCRIPT |
| Awards | John von Neumann Theory Prize (1989) The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (1990) |
| Information at IDEAS / RePEc | |
Harry Max Markowitz (August 24, 1927 – June 22, 2023) was an American economist of Jewish descent. He received the 1989 John von Neumann Theory Prize and the 1990 Nobel Prize in Economics.
Early life
[change | change source]Markowitz was born on August 24, 1927 in Chicago, Illinois.[1] He studied at the University of Chicago.
Career
[change | change source]Markowitz was a professor of finance at the Rady School of Management at the University of California, San Diego (UCSD). He is best known for his pioneering work in Modern Portfolio Theory, studying the effects of asset risk, return, correlation and diversification on probable investment portfolio returns.
Markowitz won the Nobel Prize in Economics in 1990.
Death
[change | change source]Markowitz died from pneumonia and sepsis, in San Diego, California, on June 22, 2023, at the age of 95.[2]
References
[change | change source]- ↑ Harry M. Markowitz – Autobiography[permanent dead link], The Nobel Prizes 1990, Editor Tore Frängsmyr, [Nobel Foundation], Stockholm, 1991
- ↑ Jr, Robert D. Hershey (June 25, 2023). "Harry Markowitz, Nobel-Winning Pioneer of Modern Portfolio Theory, Dies at 95" – via NYTimes.com.
Other websites
[change | change source]- An Hour with Harry Markowitz: Interviewed by Mark Hebner
- The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, 1990
- Autobiography[permanent dead link], The Nobel Prizes 1990, Editor Tore Frängsmyr, [Nobel Foundation], Stockholm, 1991
- Banquet Speech, December 10, 1990
- Nobel Prize Lecture: Foundations of Portfolio Theory, December 7, 1990 ( PDF format Archived 2013-01-16 at the Wayback Machine)
This short article about a person from the United States can be made longer. You can help Wikipedia by adding to it.- Nobel Prize in Economics winners
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