Haavelmo, Trygve (trügˈvə hävelmō) [key], 1911–99, Norwegian economist. In the 1940s, he was a pioneer in the field of econometrics, using mathematics and statistics in the formation of economic theories. In 1989, Haavelmo won the Nobel Memorial Prize in Economic Sciences. He wrote A Study in the Theory of Investment (1960).
The Columbia Electronic Encyclopedia, 6th ed. Copyright © 2012, Columbia University Press. All rights reserved.
See more Encyclopedia articles on: Economics: Biographies