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Tjalling Koopmans

From Wikipedia, the free encyclopedia
American mathematician (1910–1985)
Tjalling C. Koopmans
Koopmans in 1967
Born(1910-08-28)August 28, 1910
DiedFebruary 26, 1985(1985-02-26) (aged 74)
Alma materUniversity of Utrecht
University of Leiden
Known forTransport economics
Hitchcock–Koopmans transportation problem
Ramsey–Cass–Koopmans model
Koopmans' theorem
AwardsNobel Memorial Prize in Economic Sciences (1975)
Scientific career
FieldsEconomics,Physics
InstitutionsUniversity of Chicago
Doctoral advisorHans Kramers
Jan Tinbergen
Doctoral studentsCarl Christ
Stanley Reiter
Rolf Mantel [es]
Guillermo Calvo

Tjalling Charles Koopmans (August 28, 1910 – February 26, 1985) was aDutch-American mathematician and economist.[1][2] He was the joint winner withLeonid Kantorovich of the 1975Nobel 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.

Biography

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Koopmans (1967)

Koopmans was born in's-Graveland,Netherlands. He began his university education at theUtrecht University at seventeen, specializing in mathematics. Three years later, in 1930, he switched to theoretical physics. In 1933, he metJan Tinbergen, the winner of the 1969 Nobel Memorial Prize in Economics and moved toAmsterdam to studymathematical economics under him. In addition to mathematical economics, Koopmans extended his explorations toeconometrics andstatistics. In 1936, he graduated fromLeiden University with a PhD, under the direction ofHendrik Kramers. The title of the thesis was "Linear regression analysis of economic time series".[3] He also worked for theEconomic and Financial Organization of theLeague of Nations.[4]: 28 

Koopmans moved to theUnited States in 1940. There, he worked for a while for a government body inWashington, D.C., where he published on theeconomics of transportation focusing on optimal routing, then moved toChicago where he joined a research body, theCowles Commission for Research in Economics, affiliated with theUniversity of Chicago. In 1946, he became anaturalized citizen of theUnited States, and in 1948, director of the Cowles Commission. Also in 1948, he was elected as aFellow of the American Statistical Association.[5] In 1950, he became a corresponding member of theRoyal Netherlands Academy of Arts and Sciences.[6] Rising hostile opposition to the Cowles Commission by the department of economics at University of Chicago during the 1950s led Koopmans to convince the Cowles family to move it toYale University in 1955 (where it was renamed theCowles Foundation). He continued to publish, on theeconomics of optimal growth and activity analysis.[7]

Koopmans's early works on theHartree-Fock theory of atomic and molecular structure are associated with theKoopmans' theorem, which is very well known inquantum chemistry.

Koopmans was awarded his Nobel memorial prize (jointly with Leonid Kantorovich) for his contributions to the field of resource allocation, specifically the theory of optimal use of resources. The work for which the prize was awarded focused on activity analysis, the study of interactions between the inputs and outputs ofproduction, and their relationship toeconomic efficiency andprices. Finally, the importance of the article by Koopmans (1942) deriving the distribution of the serial correlation coefficient was recognized byJohn von Neumann, and it later influenced the optimal tests for aunit root byJohn Denis Sargan andAlok Bhargava (Sargan and Bhargava, 1983).

Family and name

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Tjalling Charles Koopmans was a son of Sjoerd Koopmans and Wytske van der Zee; hismiddle name Charles was probably derived from hispatronymic "Sjoerds".[8]

One of Sjoerd Koopmans's sisters, Gatske Koopmans, and her husband Symon van der Meer were the paternal grandparents of Nobel Prize winnerSimon van der Meer.[9][10] Tjalling Koopmans and Simon van der Meer were thereforefirst cousins once removed.

Tjalling had two brothers, one of whom wastheologian Rev. DrJan Koopmans, who in 1940, early during theGerman occupation of the Netherlands, wrote the widely distributed pamphlet "Bijna te laat" ("Almost too late", 30,000 copies), warning about the future of the Jews under the Nazi regime.[11] In 1945, towards the end of the war, he witnessed an execution of hostages inAmsterdam from behind a window and was mortally wounded by a stray bullet.[12][13]

Koopmans married Truus Wanningen in October 1936. The couple had three children – a son, Henry, and two daughters, Anne and Helen.

Selected works

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Further reading

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See also

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References

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  1. ^Malinvaud, Edmond (1972). Beckmann, Martin; Christ, Carl F.; Nerlove, Marc (eds.)."The Scientific Papers of Tjalling C. Koopmans: A Review Article".Journal of Economic Literature.10 (3):798–802.ISSN 0022-0515.JSTOR 2721304.
  2. ^Werin, Lars; Jungenfelt, Karl G. (1976)."Tjalling Koopmans' Contribution to Economics".The Scandinavian Journal of Economics.78 (1):81–102.doi:10.2307/3439615.ISSN 0347-0520.JSTOR 3439615.
  3. ^Tjalling Koopmans (1936)."Linear regression analysis of economic time series"(PDF).
  4. ^Louis W. Pauly (December 1996),"The League of Nations and the Foreshadowing of the International Monetary Fund",Essays in International Finance,201, Princeton University,SSRN 2173443
  5. ^View/Search Fellows of the ASA, accessed 2016-07-23.
  6. ^"T.C. Koopmans (1910–1985)". Royal Netherlands Academy of Arts and Sciences. Retrieved11 May 2020.
  7. ^Dimand, Robert W. (2024)."Koopmans, Dantzig, and the Wartime Origins of Activity Analysis".History of Political Economy.56:107–132.doi:10.1215/00182702-11470239.ISSN 0018-2702.
  8. ^Ruurd Koopmans.De Macht van Twee: Kwartierstaat van de kinderen van Hendrik Koopmans en Minke Jager (in Dutch).
  9. ^"Ancestors of Tjalling Koopmans". Family Affairs. 2010. Retrieved18 March 2017.
  10. ^D.Th. Kuiper (2002).Tussen observatie en participatie: twee eeuwen gereformeerde en antirevolutionaire wereld in ontwikkelingsperspectief (in Dutch). Uitgeverij Verloren.ISBN 978-9065506948.
  11. ^Dewulf, Jeroen (1 December 2010).Spirit of Resistance: Dutch Clandestine Literature During the Nazi Occupation. Boydell & Brewer. p. 125.ISBN 978-1571134936.
  12. ^van Istendael, Geert (1 July 2005).Mijn Nederland [My Netherlands] (in Dutch). Atlas-Contact.ISBN 9789045005195.
  13. ^Koopmans, Tjalling Charles (1975)."Tjalling C. Koopmans – Biographical". Nobel Media AB 2014. Retrieved27 July 2017.

External links

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Wikimedia Commons has media related toTjalling Koopmans.
Wikiquote has quotations related toTjalling Koopmans.
Awards
Preceded byLaureate of the Nobel Memorial Prize in Economics
1975
Served alongside:Leonid Vitaliyevich Kantorovich
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