Wassily Leontief

Facts

Wassily Leontief

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Wassily Leontief
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1973

Born: 5 August 1906, St. Petersburg, Russia

Died: 5 February 1999, New York, NY, USA

Affiliation at the time of the award: Harvard University, Cambridge, MA, USA

Prize motivation: "for the development of the input-output method and for its application to important economic problems."

Contribution: Creator of the input-output technique, a method that provides tools for a systematic analysis of the complicated inter-industry transactions in an economy.

Prize share: 1/1

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