The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Koopmans, Tjalling Charles (1910–1985)

  • Carl F. Christ
  • Leonid Hurwicz
Reference work entry
DOI: https://doi.org/10.1057/978-1-349-95189-5_1252

Abstract

T.C. Koopmans was born in 1910 at ‘s Graveland, The Netherlands, and died in 1985 at New Haven, USA. His MA was from Utrecht in 1933 in mathematics and theoretical physics, and his Ph.D. was from Leiden in 1936 in mathematical statistics with applications to economics. His career was rather peripatetic for eight years: the Netherlands School of Economics, the League of Nations in Geneva, Princeton University, New York University, the Penn Mutual Life Insurance Company, and the Combined Shipping Adjustment Board in Washington (where he worked on the problem of optimizing the allocation of ships during the Second World War). Then in 1944 he joined the Cowles Commission for Research in Economics at the University of Chicago, where he remained until 1955 when the entire Cowles group moved to Yale. He retired from Yale in 1981. He was Research Director of the Cowles Commission at Chicago from 1948 to 1954, and of the Cowles Foundation at Yale from 1961 to 1967. He was a member of the economics faculty at Chicago from 1946 to 1955, and at Yale from 1955 to 1981.

Keywords

Activity analysis Additivity American Economic Association Business cycles Cowles Commission Dantzig, G. Econometric Society Econometrics Efficient allocation Estimation Exhaustible resources Felicity function Fisher, R. A. Frisch, R. A. K. Identification Impatience Infinite horizons Koopmans, T. C. Limited information maximum likelihood estimator Linear programming Linear regression Maximum likelihood Optimal economic growth Renewable resources Shadow pricing Simplex method for solving linear programs Simultaneous equations models Two-stage least squares estimator Utility representation of preferences 
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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Carl F. Christ
    • 1
  • Leonid Hurwicz
    • 1
  1. 1.