Leonid Vitaliyevich Kantorovich
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1975
Born: 19 January 1912, St. Petersburg, Russian Empire (now Russia)
Died: 7 April 1986, Moscow, USSR (now Russia)
Affiliation at the time of the award: Academy of Sciences, Moscow, USSR
Prize motivation: "for their contributions to the theory of optimum allocation of resources."
Contribution: Renewed, generalized, and developed methods for analysis of the classical problem of economics as regards the optimum allocation of scarce resources.
Prize share: 1/2