1924 – 2016
Howard Raiffa (1924-2016) was an American mathematician and decision theorist who helped pioneer the fields of statistical decision theory, game theory, and negotiation analysis. He co-founded the International Institute for Applied Systems Analysis and authored influential works bridging rigorous mathematics with practical decision-making.
Co-authored Games and Decisions (1957) with R. Duncan Luce, a foundational text in game theory
Pioneered the field of decision analysis with his book Decision Analysis (1968)
Co-founded the International Institute for Applied Systems Analysis (IIASA)
Developed foundational work in negotiation analysis, including The Art and Science of Negotiation (1982)
Advanced Bayesian statistical decision theory through Applied Statistical Decision Theory (1961)