Bayesian statisticians | Bayesian econometricians

Leonard Jimmie Savage

Leonard Jimmie Savage (born Leonard Ogashevitz; 20 November 1917 – 1 November 1971) was an American mathematician and statistician. Economist Milton Friedman said Savage was "one of the few people I have met whom I would unhesitatingly call a genius." He graduated from the University of Michigan with a PhD in 1941 and later worked at the Institute for Advanced Study in Princeton, New Jersey, the University of Chicago, the University of Michigan, Yale University, and the Statistical Research Group at Columbia University. Though his thesis advisor was Sumner Myers, he also credited Milton Friedman and W. Allen Wallis as statistical mentors. His most noted work was the 1954 book The Foundations of Statistics, in which he put forward a theory of subjective and personal probability and statistics which forms one of the strands underlying Bayesian statistics and has applications to game theory. During World War II, Savage served as chief "statistical" assistant to John von Neumann, the mathematician credited with describing the principles upon which electronic computers should be based. Later he was one of the participants in the Macy conferences on cybernetics. One of Savage's indirect contributions was his discovery of the work of Louis Bachelier on stochastic models for asset prices and the mathematical theory of option pricing. Savage brought the work of Bachelier to the attention of Paul Samuelson. It was from Samuelson's subsequent writing that "random walk" (and subsequently Brownian motion) became fundamental to mathematical finance. In 1951 he introduced the minimax regret criterion used in decision theory. The Hewitt–Savage zero–one law and Friedman–Savage utility function are (in part) named after him, as is the given annually by the International Society for Bayesian Analysis for the best dissertations in Bayesian analysis. (Wikipedia).

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Preparing for Comic-Con - Still Untitled: The Adam Savage Project - 7/22/2014

Adam, Norm, and Will are joined by Frank Ippolito to discuss mental and physical preparations for the rigors of con life.

From playlist The Adam Savage Project

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August 9

11:02 AM

From playlist Walter Lewin is Alive and Well!

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The Relentless Pursuit of Perfection - Still Untitled: The Adam Savage Project - 6/3/2014

This week, Adam, Will, and Norm discuss ways to avoid chasing the dream of perfection on projects that neither require nor benefit from precision. They also discuss Edgar Wright and some good ways to hide your crimes. Enjoy!

From playlist The Adam Savage Project

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Animation - Still Untitled: The Adam Savage Project - 2/18/2014

This week, Adam, Norm, and Will discuss animation, ranging from Disney's reimagining of Grimm's Fairy Tales to seminal works of Japanese animation--including Akira and Spirited Away. Enjoy!

From playlist The Adam Savage Project

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Special Effects Creatures at Monsterpalooza 2015

Support videos like this -- and get a free gift -- by becoming a Tested Premium Member: http://tested.com/membership Last weekend, we attended an awesome creature and special effects convention: Monsterpalooza. We met sculptors, painters, animatronics designers, makeup artists, and creat

From playlist Monsterpalooza

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The Iconic Props of Better Call Saul!

Better Call Saul's epic sixth and final season just concluded, and Adam visits the offices of Prop Store to take a look at some of the show's more iconic props that appeared throughout its run. Fans of the show may recognize props that appeared in the show's unconventional opening title cr

From playlist Costumes and Props

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Tested in 2020: Bill's Favorite Things!

Tested contributor Bill Doran checks in from his workshop to share some of his favorite things of the year, including prop builds he completed this summer, a cosplay guide, and awesome tools from Jimmy DiResta! Plus, check out this drill bit set that more than covers Bill's needs for drill

From playlist Staff Favorites

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WHAT IS IT? Mystery Tools #34b Answers tubalcain

CLICK ON THIS LINK TO SEE THE PLAYLIST FOR ALL OF MY "WHAT IS IT" VIDEOS. https://www.youtube.com/playlist?list=PL6HIFled82YVenSVXI6v7gfU1psLIJjkF

From playlist WHAT IS IT? MYSTERY TOOL

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Mark Rober, Friend of Science - Still Untitled: The Adam Savage Project - 1/14/20

Very special guest Mark Rober joins us this week on the podcast, talking about his upcoming new show Revenge of the Nerd and the process of developing big ideas for his YouTube channel. Mark teases a preview of one of his upcoming videos, and geeks out with Adam over engineering solutions

From playlist The Adam Savage Project

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WHAT IS IT? Mystery Tools #34a QUESTION tubalcain

CLICK ON THIS LINK TO SEE THE PLAYLIST FOR ALL OF MY "WHAT IS IT" VIDEOS. https://www.youtube.com/playlist?list=PL6HIFled82YVenSVXI6v7gfU1psLIJjkF

From playlist WHAT IS IT? MYSTERY TOOL

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The Props and Costumes of Star Trek: Picard!

Adam checks out a selection of original props and costumes from the production of Star Trek: Picard Seasons 1 and 2! From Romulan disruptors to Starfleet uniforms, over 300 of these objects are going up for sale in Prop Store's upcoming online auction. Find these props and costumes from

From playlist Costumes and Props

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Millennium Falcons - Still Untitled: The Adam Savage Project - 9/22/17

Jeremy Williams joins us this week to talk about Adam's recent interview with JJ Abrams, our time building the UCS LEGO Millennium Falcon, Adam's own progress on his studio-scale Falcon model, and his cameo in the Blade Runner 2049 short film! Plus, some impressions of Baby Driver. Find

From playlist The Adam Savage Project

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Celebrating Apollo - Still Untitled: The Adam Savage Project - 7/23/19

The team is back in San Francisco after spending a week in Washington DC to celebrate the 50th anniversary of the Apollo 11 moon landing, as well as going to San Diego Coimc-Con! Adam recaps his experience participating in the festivities, seeing Neil Armstrong's spacesuit, and assembling

From playlist The Adam Savage Project

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My World has Changed!

My World has Changed!

From playlist Walter Lewin is Alive and Well!

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What is This? Tell me!

What is This? Tell me!

From playlist Walter Lewin is Alive and Well!

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Adam Savage's King Arthur Armor Build, Part 5

What goes into the design of film armor? Adam and Terry have a conversation about the aesthetics of armor, take a close look at some original design sketches from Excalibur, and go through an exercise in designing a villainous armor from scratch. Shot by Joey Fameli Edited by Gunther Kir

From playlist Adam Savage's King Arthur Armor Build

Related pages

Sumner Byron Myers | Loss function | Mathematical finance | Hewitt–Savage zero–one law | Random walk | Mathematics | Brownian motion | Bayesian statistics | Decision theory | Game theory | Morris H. DeGroot | Statistics | Subjective expected utility | List of statisticians | International Society for Bayesian Analysis | John von Neumann