Frank P. Ramsey Medal
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2021 Winner(s)
- Robert F. Bordley, Professor of Engineering Practice and director of the Systems Engineering and Design Program within the Integrative Sciences Division in the College of Engineering, at the University of Michigan, Ann Arbor
Professor of Practice and Director, Integrative Systems and Design Program, College of Engineering at the University of Michigan, Ann Arbor
Please see a brief description of Professor Bordley’s accomplishments here.
Purpose of the Award
The Frank P. Ramsey medal is awarded for distinguished contributions in decision analysis. Distinguished contributions can be internal, such as theoretical or procedural advances in decision analysis, or external, such as developing or spreading decision analysis in new fields.
For more information about eligibility, procedures, and deadlines.
About the Award/Namesake
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...
Past Awardees
The Institute for Operations Research and the Management Sciences
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