Leonard J. Savage

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Leonard J. Savage


Born
in Detroit, Michigan, The United States
November 20, 1917

Died
November 01, 1971

Genre


Born 20 November 1917, Leonard Jimmie Savage graduated from the University of Michigan and later worked at the Institute for Advanced Study in Princeton, New Jersey; the University of Chicago; and the Statistical Research Group at Columbia University. Though his thesis advisor was Sumner Myers, he also credited Milton Friedman and W. Allen Wallis as his statistical mentors.

His most noted work was the 1954 book Foundations of Statistics, in which he put forward a theory of subjective and personal probability and statistics which forms one of the strands underlying Bayesian statistics and has applications to game theory.

One of Savage's indirect contributions was his discovery of the work of Louis Bachelier on stochastic models for asset price
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Average rating: 3.76 · 66 ratings · 8 reviews · 10 distinct works
The Foundations of Statistics

3.88 avg rating — 48 ratings — published 1972 — 7 editions
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How to Gamble If You Must: ...

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Studies in Bayesian Econome...

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The Foundations of Statisti...

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Inequalities for Stochastic...

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liked it 3.00 avg rating — 1 rating — published 1976
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Studies in Bayesian Econome...

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Studies in Bayesian econome...

0.00 avg rating — 0 ratings — published 1975
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[ { THE FOUNDATION OF STATI...

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How to Gamble if You Must: ...

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Quotes by Leonard J. Savage  (?)
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“It is unanimously agreed that statistics depends somehow on probability. But, as to what probability is and how it is connected with statistics, there has seldom been such complete disagreement and breakdown of communication since the Tower of Babel. Doubtless, much of the disagreement is merely terminological and would disappear under sufficiently sharp analysis.”
Leonard J. Savage, The Foundations of Statistics