William Ernest JOHNSON
William Ernest JOHNSON, economist. Fellow, British Academy, 1926.
JOHNSON, William Ernest was born in 1859 in Cambridge, England.
Bachelor of Arts, Master of Arts University of Cambridge, Cambridge, United Kingdom, 1882, 1885.
Logician who, seemingly unaware of Fisher and Pareto, took the indifference curves in Edgeworth’s Mathematical Psychics and turned them upside down. He called these ‘isoutility’ curves, and they have been used in this form ever since. However, Johnson’s work, and that of Slutsky, was independently rediscovered by Hicks and Allen to whom its use must be attributed.
Sidgwick Lector, Fellow, King’s College Cambridge, 1886-1931, 1902-1931.
Fellow, British Academy, 1926.