Background
Radner, Roy was born on June 29, 1927 in Chicago, Illinois, United States. Son of Samuel and Ella (Kulansky) Radner.
Radner, Roy was born on June 29, 1927 in Chicago, Illinois, United States. Son of Samuel and Ella (Kulansky) Radner.
Bachelor of Philosophy with honors, University Chgo, 1945. Bachelor of Science in Mathematics, University Chgo, 1950. Master of Science in Mathematics, University Chgo, 1951.
Doctor of Philosophy in Mathematics Statistics, University Chgo, 1956.
Research assistant Cowles Commission for Research in Economics University Chicago, 1951, research associate, 1951-1954, assistant professor, 1954-1955. Member Cowles Foundation for Research in Economics Yale University, New Haven, 1955-1957, assistant professor economics, 1955-1957. Associate professor economics and statistics University California, Berkeley, 1957-1961, professor economics and statistics, 1961-1979, chairman department economics, 1966-1969.
Taussig professor economics Harvard University, Cambridge, Massachusetts, 1977-1978, visiting professor Kennedy School Government, 1978-1979. Member technical staff American Telephone & Telegraph Company Bell Labs, Murray Hill, New Jersey, 1979-1984, distinguished member technical staff, 1985-1995. Research professor economics New York University, New York City, 1983—1995, professor economics and information system, 1995, L.N. Stern School professor business, since 1996, professor environmental studies, since 2006.
Member technical advisory committee Carnegie Commission on Future of Higher Education, 1967-1973. Committee on fundamental research relevant to education National Research Council-NAS, 1976-1977, commission on human resources, 1976-1979. Assembly of behavioral and social science National Research Council, 1979-1982, committee on risk and decision making, 1980-1981, working group on basic research in behavioral and social science, 1985-1986, committee on information technical workforce, 1999-2000, committee on geophysical and environmental data, 2001-2005.
Panel on contingent valuation methology National Oceanographic and Atmospheric Administration, United States Department Commerce, 1992-1993. Steering committee Enjeux et Procedures de Decentralization Commisariat du Plan, Paris, 1992-1995. Member Committee on Prevention of Nuclear War, with National Academy of Sciences, since 2009.
(This book is a reprinting of the June 1989 issue of the "...)
(Book by Groves, Theodore, Radner, Roy, Reiter, Stanley)
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Author: Notes on Theory of Economic Planning, 1963. Co-author (with D. Jorgensen and Josip Juraj McCall): Optimal Replacement Policy, 1967. Co-author: (with J. Marshack) Economic Theory of Teams, 1972.Co-author: (with Library Science Miller) Demand and Supply in the United States Higher Education, 1975. Co-author: (with C.V.Kuh) Mathematicians in Academia, 1980. Co-editor: Decision and Organization, 1972, Education as an Industry, 1976, Information, Incentives and Economic Mechanisms, 1987, Perspectives on Deterrence, 1989, Bargaining with Incomplete Information, 1992.Member editorial board: Management Science, 1959-1970, Econometricia, 1961-1968, Journal Economic Theory, 1968—2005, American Economic Review, 1979-1982, Games and Economic Behavior, 1989—2005, Economic Theory, 1991—2003, Economic Design, since 1993, Information Systems Frontiers, since 2000, Theoretical Economic, since 2005, Proceedings National Academy Seminar United States, since 2009. Contributor articles to professional journals.
Contributions to the theory of decision-making in decentralised organisations. The theory of teams (developed with J. Marschak). Game-theoretic analyses of incentives for efficient decision-making in long-lasting organisations.
Bounded rationality; and existence and optimality of market equilibria under uncertainty including equilibria with private information, equilibrium of plans, prices, and price-expectations, and
rational expectations equilibrium. Characterisation of optimal investment strategies: optimal capital accumulation under certainty (turnpike theory) and uncertainty. And optimal strategies for inspection and maintenance of stochastically failing equipment.
Empirical studies of demand and supply in higher education.
Second lieutenant United States Army, 1945-1948, PTO. Fellow American Association for the Advancement of Science (distinguished fellow), Econometric Society (vice president 1970-1972, president 1972-1973), American Academy Arts and Sciences, American Economic Association (distinguished fellow). Member National Academy of Sciences (chair economic section 1994-1997, secretary class 5 2004-2007, chair class 5 2007-2009), Institute of Mathematics Statistics.
Music, backpacking, cross-country skiing.
Married Virginia L. Honoski, July 26, 1949 (deceased April 1976). Children: Hilary A., Erica H. (deceased), Amy E., Ephraim L. Married Charlotte Virginia Kuh, January 22, 1978.