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Fields of interest [ edit] As professor of economics at the Massachusetts Institute of Technology, Samuelson worked in many fields, including: Consumer theory, where he pioneered the revealed preference approach, which is a method by which one can discern a consumer's utility function, by observing their behavior.
4. Apr. 2024 · Paul Samuelson (born May 15, 1915, Gary, Indiana, U.S.—died December 13, 2009, Belmont, Massachusetts) was an American economist who was awarded the Nobel Prize in Economic Sciences in 1970 for his fundamental contributions to nearly all branches of economic theory.
Paul Anthony Samuelson (* 15. Mai 1915 in Gary, Indiana; † 13. Dezember 2009 in Belmont, Massachusetts) war ein US-amerikanischer Wirtschaftswissenschaftler und Träger des Alfred-Nobel-Gedächtnispreis für Wirtschaftswissenschaften von 1970 .
As one of the most famous economists of the twentieth century, Paul Anthony Samuelson revolutionized many branches of economic theory. As a diligent student of his predecessors, he reconstructed their economic analyses in the mathematical idiom he pioneered.
Paul Samuelson, AB'35, found his calling in economics at the University of Chicago during the height of the Great Depression and went on to transform the field with new techniques of rigorous analysis.
15. Jan. 2010 · In Samuelson's revolutionary view, economic theory had three parts, beginning with the natural presumption that decision-makers (so-called actors), whether families, firms, or other, could maximize or minimize something—cost, income, wealth, profit, subjective well-being—if they were limited by legal, technological, budgetary, or ...
Paul Samuelson’s contributions to trade theory and international economics are simply breath-taking. Virtually every undergraduate or graduate student, anywhere in the world, will be asked to understand his Stolper-Samuelson and factor-price equalization theorems. These theorems tell us, of course, why trade liberalization tends to benefit the
