The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1975
Awarded on: 1975-10-14
"for their contributions to the theory of optimum allocation of resources"
Affiliations:
- Yale University – New Haven, CT, USA
Tjalling C. Koopmans
Born: 1910-08-28 in 's Graveland, the Netherlands
Gender: male
Field: American mathematician (1910–1985)
Biography
Tjalling Charles Koopmans was a Dutch-American mathematician and economist. He was the joint winner with Leonid Kantorovich of the 1975 Nobel Memorial Prize in Economic Sciences for his work on the theory of the optimum allocation of resources. Koopmans showed that on the basis of certain efficiency criteria, it is possible to make important deductions concerning optimum price systems.