Mark J. Machina

Mark J. Machina
Born (1954-10-27) October 27, 1954
Citizenship United States
Institution University of California, San Diego
Alma mater MIT
Michigan State University
Doctoral
advisor		 Franklin M. Fisher

Mark Joseph Machina (born October 27, 1954) is an American economist noted for work in non-standard decision theory. He is currently a distinguished professor at the University of California, San Diego. The Marschak–Machina triangle, a probability diagram used in expected utility theory, bears his name, along with that of Jacob Marschak.

Machina Triangle

The Machina Triangle is a way of representing a three dimensional probability vector in a two dimensional space. The probability of a given outcome is denoted by a euclidian distance from the point that represents a lottery (probability).[1]

References

  1. ↑ http://www.econport.org/econport/request?page=man_ru_advanced_icurves. Missing or empty |title= (help)
  • Machina's homepage at the Department of Economics at the University of California
  • "Mark J. Machina". JSTOR.


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