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Albert Madansky

1934 – 2022

American statistician

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About Albert Madansky

Lived 1934 – 2022 (aged 88). Albert Madansky was an American statistician and university teacher.

Albert Madansky (May 16, 1934 - December 8, 2022) was an American statistician known for his work in stock option pricing and the prediction of an accidental nuclear detonation. Alongside Gary L. Gastineau, he developed the Gastineau-Madansky model for stock option pricing and later co-authored the Edmundson-Madansky theorem (which falls in the field of stochastic linear programming). Some of his early research at RAND Corporation was used to develop Permissive Action Links, which help mitigate a nuclear accident. Madansky served as deputy dean of the University of Chicago Booth School of Business from 1985 to 1993. He was also known for his efforts with other scholars to determine the best pastrami sandwich among the Kosher delis of New York City. He was the grandfather of linguist Harris Mowbray.

In 2005 Madansky was recipient of the American Statistical Association's Founders Award.

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Important facts

Birth century
Nationality
Education
University of Chicago
Employers
University of Chicago
Awards
Fellow of the American Statistical Association; Fellow of the Institute of Mathematical Statistics; Fellow of the Econometric Society

People in Albert Madansky's life

Named in this biography and alive at the same time

Contemporaries

People whose lives overlapped Albert Madansky's

Frequently asked questions

Who was Albert Madansky?

American statistician

When was Albert Madansky born?

Albert Madansky was born on 16 May 1934 in Chicago.

When did Albert Madansky die?

Albert Madansky died on 8 December 2022 in Chicago.

What was Albert Madansky's occupation?

Albert Madansky was a statistician and university teacher.

What nationality was Albert Madansky?

Albert Madansky was American.

Sources & further reading

· Wikipedia: Albert Madansky

· Wikidata: Q102190105

· DBpedia: Albert Madansky

Cite this page

APA: Biography.guide. (2026). Albert Madansky. https://biography.guide/albert-madansky/

MLA: "Albert Madansky." Biography.guide, https://biography.guide/albert-madansky/.

Chicago: "Albert Madansky." Biography.guide. https://biography.guide/albert-madansky/.

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