Albert Ando
Encyclopedia
Albert K. Ando was a Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...

ese-born economist.

He came to the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 after World War II. He received his B.S. in economics from the University of Seattle in 1951, his M.A. in economics from St. Louis University in 1953, and an M.S. in economics in 1956 and a Ph.D. in mathematical economics in 1959 from Carnegie Institute of Technology
Carnegie Institute of Technology
The Carnegie Institute of Technology , is the name for Carnegie Mellon University’s College of Engineering. It was first called the Carnegie Technical Schools, or Carnegie Tech, when it was founded in 1900 by Andrew Carnegie who intended to build a “first class technical school” in Pittsburgh,...

 (now Carnegie Mellon University
Carnegie Mellon University
Carnegie Mellon University is a private research university in Pittsburgh, Pennsylvania, United States....

). At Carnegie Mellon he collaborated, among others, with Herbert Simon
Herbert Simon
Herbert Alexander Simon was an American political scientist, economist, sociologist, and psychologist, and professor—most notably at Carnegie Mellon University—whose research ranged across the fields of cognitive psychology, cognitive science, computer science, public administration, economics,...

 on questions regarding aggregation and causation in economic systems and with Franco Modigliani
Franco Modigliani
Franco Modigliani was an Italian economist at the MIT Sloan School of Management and MIT Department of Economics, and winner of the Nobel Memorial Prize in Economics in 1985.-Life and career:...

 on the
life cycle analysis of saving, spending, and income.

Albert Ando was a tenured professor of economics and finance at the University of Pennsylvania
University of Pennsylvania
The University of Pennsylvania is a private, Ivy League university located in Philadelphia, Pennsylvania, United States. Penn is the fourth-oldest institution of higher education in the United States,Penn is the fourth-oldest using the founding dates claimed by each institution...

 from 1967 until his death.

Awards, fellowships

  • Guggenheim Fellow, 1970.
  • Fellow, Econometric Society
    Econometric Society
    The Econometric Society is an international society for the advancement of economic theory in its relation with statistics and mathematics. It was founded on December 29, 1930 at the Stalton Hotel in Cleveland, Ohio....

    .
  • Alexander Henderson Award
    Alexander Henderson Award
    The Alexander Henderson Award is presented to the student at the Tepper School of Business at Carnegie Mellon University who displays the best work in the field of economic theory. A large proportion of the winners of the award has later made contributions to economics that have changed the...

    , 1955.

External links

  • Obituary written by Lawrence Klein
    Lawrence Klein
    Lawrence Robert Klein is an American economist. For his work in creating computer models to forecast economic trends in the field of econometrics at the Wharton School of the University of Pennsylvania, he was awarded the Nobel Memorial Prize in Economic Sciences in 1980...

    .
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