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Jacob Marschak

1898 – 1977

American economist

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About Jacob Marschak

Lived 1898 – 1977 (aged 79). Jacob Marschak was a German and American economist, statistician, university teacher and mathematical economist, known for Econometrics, Elasticity (economics) and Rational choice theory.

Jacob Marschak (; 22 July 1898 – 27 July 1977) was a Russian and American economist. Affiliated with the Mensheviks in his youth, he had a brief participation in the Russian Revolution, serving as labour minister in the Terek Soviet Republic before emigrating. In exile he developed a successful scholarly career, first in Germany and later achieving prominence in United States academia.

Life Born in a Jewish family of Kiev, Jacob Marschak (until 1933 Jakob) was the son of a jeweler. During his studies, he joined the social democratic Menshevik Party, becoming a member of the Menshevik International Caucus. In 1918, he was the labor minister in the Terek Soviet Republic. In 1919, he emigrated to Germany, where he studied at the University of Berlin and the University of Heidelberg.

Early in his émigré period he remained active in Russian socialist circles, contributing to the Menshevik journal Sotsialisticheskii vestnik, published in Berlin. From 1922 to 1926, he was a journalist, and in 1928, he joined the new Kiel Institut für Weltwirtschaft. With the gathering Nazi storm, he emigrated to England, where he went to Oxford to teach at the Oxford Institute of Statistics, which was funded by the Rockefeller Foundation, allowing him to emigrate to the United States in 1939. After teaching at the New School for Social Research, in 1943, he went to University of Chicago, where he led the Cowles Commission. He followed the commission's move to Yale University, and he then became a professor at UCLA in 1960.

In 1972, he co-founded Team Theory with Roy Radner.

Marschak was fluent in approximately one dozen languages. Shortly before he was due to become president of the American Economic Association, he died from a cardiac arrest.

UCLA sponsors the recurring Jacob Marschak Interdisciplinary Colloquium on Mathematics in the Behavior Sciences.

Major publications Books

Chapters in books

Translates as:

Journal articles

Pdf version.

Honours 1946 President of the Econometric Society 1963 Honorary Fellow of the Royal Statistical Society 1967 Distinguished Fellow of the American Economic Association

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Important facts

Birth century
Known for
Econometrics, Elasticity (economics), Rational choice theory
Education
Heidelberg University, University of Heidelberg
Positions held
President
Employers
Yale University, University of Chicago, University of California, Los Angeles
Awards
Distinguished Fellow of the American Economic Association; Fellow of the Econometric Society; Fellow of the American Statistical Association; Fisher-Schultz Lecture; Fellow of the Institute of Mathematical Statistics

People in Jacob Marschak's life

Named in this biography and alive at the same time

Contemporaries

People whose lives overlapped Jacob Marschak's

Frequently asked questions

Who was Jacob Marschak?

American economist (1898-1977)

When was Jacob Marschak born?

Jacob Marschak was born on 22 July 1898 in Kyiv.

When did Jacob Marschak die?

Jacob Marschak died on 27 July 1977 in Los Angeles.

What was Jacob Marschak's occupation?

Jacob Marschak was an economist, statistician, university teacher and mathematical economist.

What was Jacob Marschak known for?

Jacob Marschak was known for Econometrics, Elasticity (economics) and Rational choice theory.

What nationality was Jacob Marschak?

Jacob Marschak was German and American.

Sources & further reading

· Wikipedia: Jacob Marschak

· Wikidata: Q91541

· DBpedia: Jacob Marschak

Cite this page

APA: Biography.guide. (2026). Jacob Marschak. https://biography.guide/jacob-marschak/

MLA: "Jacob Marschak." Biography.guide, https://biography.guide/jacob-marschak/.

Chicago: "Jacob Marschak." Biography.guide. https://biography.guide/jacob-marschak/.

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