Griffith C. Evans

Griffith Conrad Evans (11 May 1887 – 8 December 1973) was a mathematician working for much of his career at the University of California, Berkeley. He is largely credited with elevating Berkeley's mathematics department to a top-tier research department, having recruited many notable mathematicians in the 1930s and 1940s.

Biography

Evans earned his PhD at Harvard in 1910 under Maxime Bôcher with a dissertation on Volterra's Integral Equation, after which he did a post-doc for two years at the University of Rome on a Sheldon Fellowship from Harvard.Morrey, C. B. (1983
''Griffith Conrad Evans, 1887-1973: A Biographical Memoir''
National Academy of Sciences. The experience of working under Vito Volterra shaped his intellectual life and solidified his interest in the application of mathematics to a broad range of fields. Evans became close to Volterra during his time at Rome, being invited on many occasions to lunch with the Volterra family; he would remain in contact with Virginia Volterra, Vito Volterra's nephew, until the 1960s.

Evans was appointed assistant professor at Rice University in 1912, with a recommendation letter from Volterra, and promoted to professor in 1916. He married Isabel Mary John in 1917 and they would eventually have 3 children. During his time at Rice, he managed to attract significant mathematicians as visiting professors, such as Szolem Mandelbrojt, Tibor Rado, and Karl Menger. His early research dealt with functional analysis, potential theory, integral equations, and mathematical economics.

In 1934, he moved to University of California, Berkeley to chair the mathematics department.''AMS Presidents: Griffith Evans''
/ref> Here, Evans was tasked with improving the department, including the initiation of a graduate program. Much of his success was due to his ability to recruit many notable research mathematicians, including Hans Lewy, Jerzy Neyman, and Alfred Tarski. His own research work was in potential theory and mathematics applied to economics. He chaired Berkeley's department until 1949 and retired in 1955, eventually becoming the namesake of Evans Hall at Berkeley.

Mathematical economics

Evans first work in mathematical economics, entitled A Simple Theory of Competition a restatement of Augustine Cournot's monopoly/duopoly model. Evans expanded Cournot's work in significantly by exploring the analytical implications of a variety of different assumptions as to the behavior and objectives of either the monopolist or the duopolists. His following work, ''The Dynamics of Monopoly'', published in 1924, was one of the first to apply the calculus of variations to economic theory. He frames the same monopolist problem now in an intertemporal framework, that is, instead of seeking immediate profit-maximization, the monopolist aims to make his profits as maximum through an interval of time. His work was followed by his Ph.D. advisee Charles Roos who generalized his monopoly model to a case with multiple competing firms. Roos also managed to express this model within a general equilibrium framework. Roos would also be one of the three founders of the Econometric Society alongside Norwegian economist Ragnar Frisch and American economist Irving Fisher. Evans participated in the foundation of the Society and became one of its first fellows.

The first economist to take notice of Evans' work was Harold Hotelling. He met personally with Evans at a meeting of the American Mathematical Society and was immediately impressed by the scope of his work which he deemed to be a "dawning economic theory" that would bear "to the older theories the relations which the Hamiltonian dynamics and the thermodynamics of entropy bear to their predecessors". At this time, economics was not seen as a mathematical science, and many economists were even doubtful if mathematics could be useful for social sciences in general. As a result, Evans and Roos found only a small audience properly equipped to understand their works. Even so, the more mathematically inclined economists and mathematicians E. B. Wilson, Irving Fisher, Henry Schultz, and Paul Samuelson all recognized the importance of their theory.

Evans main contribution to mathematical economics came in the form of his 1930 textbook Mathematical Introduction to Economics, published by Mc Graw Hill. The book's reception, however, failed to meet Evans' expectations. British economist Arthur L. Bowley, in particular, was very critical stating that the book would be of no use either to the mathematician nor to the economist. R. G. D. Allen, a colleague of Bowley, also criticized the book for not presenting a general economic theory and focusing too much on the resolution of particular problems. Some positive reviews came from Roos and Hotelling, the latter going as far as saying that the book helped "lay a groundwork upon which future contributions to political economy of first-rate importance may be expected to be based".

Despite the mixed reception of his textbook, Evans continued interested in mathematical economics throughout his lifetime. In 1934 he contributed ''Maximum Production Studied in a Simplified Economic System'' to the recently established journal Econometrica, published on behalf of the Econometric Society. This work would later be extended by some of his students at Berkeley. He also maintained contact with the field attending seminars and presenting papers at meetings organized by the Econometric Society and the Cowles Commission for Economic Research.

During his time at Berkeley Evans arranged a weekly seminar on mathematical economics at his home. He also supervised many Ph.D. theses in the field that followed similar lines of his work. One of his most notable students was economist Ronald Shephard, famous for his derivation of Shephard's lemma. Shephard's 1953 ''Cost and Production Functions'' expands Evans' theoretical work on costs functions. He also restates Evans' classical dynamic monopoly problem, better incorporating expectations and price changes. Other notable students include Francis W. Dresch, Kenneth May, and Edward A. Davis.

Some authors, such as Roy Weintraub, argue that Evans' impact in mathematical economics was severely limited by his refusal to adopt utility in his economic models. The subjective theory of value stated the individuals aimed to make their pleasure or utility a maximum. Evans argued that the mathematical conditions to assure the existence of an index function such as utility were stiff and artificial. Moreover, he stated that '' ere is no such measurable quantity as 'value' or 'utility' (with all due respect to Jevons, Walras and others) and there is no evaluation of 'the greatest happiness for the greatest number'; or, more flatly,– there is no such thing''. His 1930 book featured two chapters where he criticized utility from the standpoint of the integrability conditions necessary to guarantee that a demand function be the result of the maximization of some utility function. Despite being criticized by many other authors, utility remained a central concept for economics. Additionally, from the 1940s through the 1960s, Keynesianism dominated the macrodynamics discussion. Samuelson's Foundations of Economic Analysis formalized dynamics as the study of the limiting properties of systems of differential equations. In this sense, the analysis was now confined to the stability and convergence of these systems around a steady state. How the system responded to shocks was deemed more relevant than understanding any particular point of equilibrium.

General interest in the calculus of variations an intertemporal optimization rekindled with the rise the neoclassical growth literature (e.g. Ramsey–Cass–Koopmans model) that ostensibly employed optimal control and Hamiltonians. Standard textbooks in economics now commonly present some stylized version of Evans' monopoly problem.

Notable positions

* Chair, University of California, Berkeley Mathematics Department (1934–1949)
* President, American Mathematical Society (1939–1940)
* Member, National Academy of Sciences (1933)

Selected publications

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Biographical references

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References

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portrait

{{DEFAULTSORT:Evans, Griffith C.
20th-century American mathematicians
1887 births
1973 deaths
Harvard University alumni
Rice University faculty
University of California, Berkeley College of Letters and Science faculty
Members of the United States National Academy of Sciences
Presidents of the American Mathematical Society
Fellows of the Econometric Society
Fellows of the American Physical Society