Jacob Marschak
Jacob Marschak | |
|---|---|
| Born | 23 July 1898 |
| Died | 27 July 1977 (aged 79) Los Angeles, California, U.S. |
| Alma mater | University of Heidelberg |
| Known for | Elasticity of demand Early econometrics Choice under uncertainty |
| Scientific career | |
| Fields | Economics |
| Institutions | Cowles Commission University of Chicago |
| Doctoral advisor | Emil Lederer |
| Doctoral students | Leonid Hurwicz Harry Markowitz Franco Modigliani |
Jacob Marschak (Russian: Яков Израилевич (Срулевич) Маршак; 22 July 1898 – 27 July 1977) was a Russian and American economist. Affiliated with the Mensheviks in his youth, he had a brief participation in the Russian Revolution, serving as labour minister in the Terek Soviet Republic before emigrating. In exile he developed a successful scholarly career, first in Germany and later achieving prominence in United States academia.