- Leonard Jimmie Savage
**Leonard Jimmie Savage**(20 November 1917 –1 November 1971 ) was a USmathematician and statistician.He graduated from the

University of Michigan and later worked at theInstitute for Advanced Study inPrinceton, New Jersey , theUniversity of Chicago , theUniversity of Michigan ,Yale University , and theStatistical Research Group atColumbia University . Though his thesis advisor was Sumner Myers, he also creditedMilton Friedman andW. Allen Wallis as 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 togame theory .During World War II, Savage served as chief "statistical" assistant to

John von Neumann , the mathematician credited with building the first electronic computer. [*cite book | last=Hacking | first=Ian | authorlink=Ian Hacking | year=2001 | title=An Introduction to Probability and Inductive Logic | pages=184 | isbn=0-521-77287-7*]One of Savage's indirect contributions was his discovery of the work of

Louis Bachelier on stochastic models for asset prices and the mathematical theory of option pricing. Savage brought the work of Bachelier to the attention ofPaul Samuelson . It was from Samuelson's subsequent writing that "random walk" (and subsequently Brownian motion) became fundamental tomathematical finance .In 1951 he introduced the

Minimax regret criterion used indecision theory .The

Hewitt-Savage zero-one law is (in part) named after him.**ee also***

Loss function

*Friedman-Savage utility function **External links***MacTutor Biography|id=Savage

* [*http://www.genealogy.math.ndsu.nodak.edu/id.php?id=5192 Entry at the Mathematics Genealogy Project*]**Notes**

*Wikimedia Foundation.
2010.*

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**Leonard Jimmie Savage**— (20 de noviembre de 1917 – 1 de noviembre de 1971) fue un matemático estadounidense especializado en estadística.[1] Su obra más conocida es del año 1954 y se titula Foundations of Statistics (Fundamentos de estadística) en el que introduce… … Wikipedia Español**Savage (surname)**— Savage is a family name that may refer to: Art and music * Anne Savage (1896–1971), Canadian painter and art teacher * Anne Savage (DJ), UK hard dance DJ * Augusta Savage (born 1892), African American sculptor of the Harlem Renaissance * Chantay… … Wikipedia**Savage**— ist: Savage (Band), eine britische Band Savage (Rapper), ein neuseeländischen Rapper Savage (Album), ein Album des britischen Popduos Eurythmics Savage (Computerspiel), ein Multiplayer Computerspiel Savage (Italodisco), ein Italo Disco Projekt… … Deutsch Wikipedia**Savage-Niehans-Regel**— [ sævɪdʒ ; nach dem amerikanischen Wirtschaftswissenschaftler Leonard Jimmie Savage, * 1917, ✝ 1971, und dem schweizerischen Wirtschaftswissenschaftler Jürg Niehans, * 1919], Mịnimax Regret Prinzip [ rə grɛ ], Regel der Entscheidungstheorie… … Universal-Lexikon**Hewitt-Savage zero-one law**— The Hewitt Savage zero one law is a theorem in probability theory, similar to Kolmogorov s zero one law, that specifies that a certain type of event will either almost surely happen or almost surely not happen. It is sometimes known as the Hewitt … Wikipedia**Сэвидж, Леонард Джимми**— Леонард Джимми Сэвидж Leonard Jimmie Savage Дата рождения: 20 ноября 1917(1917 11 20) Дата смерти: 1 ноября 1971(1971 11 … Википедия**List of University of Michigan alumni**— There are more than 425,000 living alumni of the University of Michigan. Famous alumni include the father of the iPod, the founders of Sun Microsystems and Google, the father of information theory, the voice of Darth Vader, the first doctor… … Wikipedia**List of statisticians**— Statisticians or people who made notable contributions to the theories of statistics, or related aspects of probability, or machine learning. NOTOC CompactTOC8 side = yes seealso = yes nobreak = yes extlinks = yes x = A * Odd Olai Aalen (1947 ) * … Wikipedia**Edwin Hewitt**— (20 January 1920 – 21 June 1999) was an American mathematician known for his work in abstract harmonic analysis and for his discovery, in collaboration with Leonard Jimmie Savage, of the Hewitt Savage zero one law. He received his Ph.D. in 1942… … Wikipedia**Leonid Hurwicz**— Infobox Scientist name = Leo Hurwicz image width = birth date = August 21, 1917 birth place = Moscow, Russia death date = death date and age|2008|6|24|1917|8|21 death place = Minneapolis, Minnesota, USA nationality = United States field =… … Wikipedia