The Early Statistical Years: 1947--1967 A Conversation with Howard Raiffa

TL;DR

This paper features an interview with Howard Raiffa, highlighting his pioneering work in decision analysis, his academic career, and his contributions to statistical decision theory, game theory, and negotiation analysis over several decades.

Contribution

It provides a comprehensive overview of Raiffa's influential research, publications, and leadership in the development of decision analysis and related fields.

Findings

Raiffa's foundational role in decision analysis

His influential books and publications

His leadership in international applied systems analysis

Abstract

Howard Raiffa earned his bachelor's degree in mathematics, his master's degree in statistics and his Ph.D. in mathematics at the University of Michigan. Since 1957, Raiffa has been a member of the faculty at Harvard University, where he is now the Frank P. Ramsey Chair in Managerial Economics (Emeritus) in the Graduate School of Business Administration and the Kennedy School of Government. A pioneer in the creation of the field known as decision analysis, his research interests span statistical decision theory, game theory, behavioral decision theory, risk analysis and negotiation analysis. Raiffa has supervised more than 90 doctoral dissertations and written 11 books. His new book is Negotiation Analysis: The Science and Art of Collaborative Decision Making. Another book, Smart Choices, co-authored with his former doctoral students John Hammond and Ralph Keeney, was the CPR (formerly known as the Center for Public Resources) Institute for Dispute Resolution Book of the Year in 1998. Raiffa helped to create the International Institute for Applied Systems Analysis and he later became its first Director, serving in that capacity from 1972 to 1975. His many honors and awards include the Distinguished Contribution Award from the Society of Risk Analysis; the Frank P. Ramsey Medal for outstanding contributions to the field of decision analysis from the Operations Research Society of America; and the Melamed Prize from the University of Chicago Business School for The Art and Science of Negotiation. He earned a Gold Medal from the International Association for Conflict Management and a Lifetime Achievement Award from the CPR Institute for Dispute Resolution. He holds honorary doctor's degrees from Carnegie Mellon University, the University of Michigan, Northwestern University, Ben Gurion University of the Negev and Harvard University. The latter was awarded in 2002.