Hendrik S. Houthakker

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Hendrik S. Houthakker
Hendrik S Houthakker (1969)
Born(1924-12-31)December 31, 1924
DiedApril 15, 2008(2008-04-15) (aged 83)
EducationUniversity of Amsterdam
Academic career
InstitutionHarvard University
Stanford University
FieldBehavioral economics
Econometrics
Doctoral
students
Christopher A. Sims
Elhanan Helpman
InfluencesRichard Stone

Hendrik Samuel Houthakker (December 31, 1924 – April 15, 2008) was a Dutch-American economist.

Life and career

Houthakker was born in

from 1969 to 1971, where he advocated replacing the International Monetary Fund's pegged exchange rate system with a flexible peg.

Houthakker's contributions to economic theory have been summarized by Pollak (1990).

Sir John Hicks
, by showing that demand functions satisfy his Strong Axiom if and only if they can be generated by maximising a set of preferences that are "well-behaved" in the sense that they satisfy the axioms of choice theory, that is, they are reflexive, transitive, complete, monotonic, convex and continuous—essentially the conditions required for a Hicksian approach to demand theory.

Houthakker's wife, Anna-Teresa Tymieniecka, was a Polish-born philosopher and founder of the World Phenomenology Institute; they were married for 52 years, up to his death. Through her he became friendly with Karol Wojtyła, subsequently Pope John Paul II.

Barack Obama Sr. (Barack Obama's father) worked as a research assistant for Houthakker over the summer in 1963 at Harvard.[6]

Selected bibliography

  • Houthakker, Hendrik S. (1959), "The scope and limits of futures trading", in
    OCLC 490147128
    .

References

External links