Leonid V. Kantorovich (1912-1986)

Awarded the Prize “for his contributions to the theory of optimum allocation of resources.”

Soviet economist. Kantorovich was born on January 19, 1912 in St. Petersburg, Russia. He was educated at Leningrad State University received his doctorate in mathematics in 1930. He became a professor at Leningrad State University in 1934. He headed the department of mathematics economics in the Siberian branch of the U.S.S.R. Academy of Sciences from 1961 to 1971 then served as head of the research laboratory at Moscow’s Institute of National Economic Planning from 1971 to 1976. He was elected to the prestigious Academy of Sciences of the Soviet Union in 1964. Kantorovich died on April 7, 1986 in Moscow.
Major Works:
The Mathematical Method of Production Planning Organization (1939); The Best Use of Economic Resources (1959)