Frank P. Ramsey

February 22, 1903 – January 19, 1930

Brief Biography

Frank P. Ramsey

Frank Plumpton Ramsey was the first to express an operational theory of decision-making based on the dual, intertwining notions of judgmental probability and utility. In his essay "truth and Probability" in 1926, Ramsey adopted what is now termed the decision-theoretic point of view. To Ramsey, probability was an expression of a degree of belief interpreted as operationally meaningful in terms of a willingness to act based on that belief. Ramsey died in 1930 at the tragically early age of 26. Besides his essay on probability (reprinted in Studies in Subjective Probability, H.E. Kyburg Jr. and H.E. Smokler (eds.), New York: John Wiley and Sons, 1964), Ramsey is also recognized for his path breaking contributions to the theory of optimal economic growth, and the problem of decidability in mathematical logic. 

Professor Ramsey's seminal work, "Truth and Probability," and two other essays are now available online.

Biography taken from Howard Raiffa, Decision Analysis,
Reading, MA: Addison-Wesley, 1968.

Other Biographies

Frank P. Ramsey (Wikipedia)

Frank Plumpton Ramsey (MacTutor History of Mathematics archive)

Key Interests in OR/MS

Methodologies

Archives

Frank Plumpton Ramsey Papers, University of Pittsburgh Library System, Collection Number: ASP.1983.01 (link)  Note: all papers in this collection have been digitized and can be accessed from the linked page.

The papers of Frank Plumpton Ramsey, Kings College Archive Centre, Cambridge England.  Janus Reference: GBR/0272/PP/FPR.  (link)