Frank P. Ramsey Medal

Nomination Deadline: July 1, 2017

2017 Winner(s)

Purpose of the Award

2017 Prize Chair

Eric Bickel (

The Frank P. Ramsey Medal is the highest award of the DAS. It was created to recognize distinguished contributions to the field of decision analysis. The medal is named in honor of Frank Plumpton Ramsey, a Cambridge University mathematician who was one of the pioneers of decision theory in the 20th century. His 1926 essay "Truth and Probability" (published posthumously in 1931) anticipated many of the developments in mathematical decision theory later made by John von Neumann and Oskar Morgenstern, Leonard J. Savage, and others. The Ramsey Medalists are recognized for having made substantial further contributions to that theory and its application to important classes of real decision problems. The Medal is accompanied by a $1,000 honorarium.

Application Process

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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...

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Past Awardees

2017 Winner(s)
Simon French
2016 Awardee(s)
Vicki Bier
2015 Awardee(s)
L. Robin Keller, University of California - Irvine, Paul Merage School of Business
2014 Awardee(s)
Gregory S. Parnell
2013 Awardee(s)
Peter P. Wakker, Erasmus University
2012 Awardee(s)
Robert T. Clemen, Duke University
2011 Awardee(s)
Don N. Kleinmuntz
2010 Awardee(s)
Elisabeth Paté-Cornell , Stanford University
2009 Awardee(s)
Rakesh Sarin, University of California - Los Angeles
2008 Awardee(s)
James E. Smith, Duke University
2007 Awardee(s)
Craig W. Kirkwood, Dept. of Supply Chain Management, Arizona State University
2006 Awardee(s)
Daniel Kahneman, Princeton University
Amos Tversky, Stanford University
2005 Awardee(s)
Lawrence D. Phillips, Facilitations Limited
2004 Awardee(s)
Carl S. Spetzler, Strategic Decisions Group
2003 Awardee(s)
R. Duncan Luce, University of California - Irvine
2002 Awardee(s)
James S. Dyer, University of Texas - Austin
2001 Awardee(s)
David E. Bell, Harvard University
2000 Awardee(s)
Detlof von Winterfeldt, International Institute for Applied Systems Analysis
1999 Awardee(s)
John W. Pratt, Harvard Business School
1997 Awardee(s)
D. Warner North, NorthWorks Inc.
1996 Awardee(s)
Irving H. LaValle, Tulane University
1995 Awardee(s)
James E. Matheson, SmartOrg Inc.
1992 Awardee(s)
Robert Schlaifer, Harvard University
1990 Awardee(s)
Robert L. Winkler, Duke University
1989 Awardee(s)
Ralph L. Keeney, USC
1988 Awardee(s)
Ward Edwards, University of Southern California
1987 Awardee(s)
Peter C. Fishburn
1986 Awardee(s)
Ronald A. Howard, Stanford University, Dept. of Management Science & Engineering
1985 Awardee(s)
Howard Raiffa, Harvard University, Graduate School of Business Administration