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Leonid Kantorovich - Wikipedia, the free encyclopedia

Leonid Kantorovich

From Wikipedia, the free encyclopedia

Leonid Vitaliyevich Kantorovich
Leonid V. Kantorovich
Leonid V. Kantorovich
Born January 19, 1912(1912-01-19)
Flag of Russia Saint Petersburg, Russian Empire
Died April 7, 1986 (aged 74)
Flag of the Soviet Union Moscow, Soviet Union
Nationality Flag of the Soviet Union Russian
Fields Mathematics
Institutions Institute of National Economic Planning 1971-76
USSR Academy of Sciences 1961-71
Leningrad State University 1934-60
Alma mater Leningrad State University
Doctoral advisor Grigorii Fichtengolz
Known for Linear programming
Notable awards Nobel Prize in Economics (1975)

Leonid Vitaliyevich Kantorovich (January 19, 1912 in Saint PetersburgApril 7, 1986 in Moscow) (Russian: Леонид Витальевич Канторович) was a Soviet/Russian mathematician and economist. He is famous for his theory and development of techniques for the optimal allocation of resources. He was the winner of the Nobel Prize in Economics in 1975 and the only winner of this prize from the USSR.

Kantorovich worked for the Soviet government. He was given the task of optimizing production in a plywood industry. He came up (1939) with the mathematical technique now known as linear programming, some years before it was reinvented and much advanced by George Dantzig. He authored several books including The Mathematical Method of Production Planning and Organization and The Best Uses of Economic Resources.

The Bank of Sweden Prize in Economic Sciences, which he shared with Tjalling Koopmans, was given "for their contributions to the theory of optimal allocation of resources."

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