was a Japanese-born economist.

Biography

He was born in

Tokyo Tokyo, officially the Tokyo Metropolis, is the capital of Japan, capital and List of cities in Japan, most populous city in Japan. With a population of over 14 million in the city proper in 2023, it is List of largest cities, one of the most ...

, as a member of family running Ando Corporation, a major construction company. He didn't join the family business, and came to the United States after World War II. He received his B.S. in economics from the

Seattle University Seattle University (Seattle U or SU) is a private Jesuit university in Seattle, Washington, United States. It is the largest independent university in the Northwestern United States, with over 7,500 students enrolled in undergraduate and grad ...

in 1951, his M.A. in economics from St. Louis University in 1953, and an M.S. in economics in 1956 and a PhD in mathematical economics in 1959 from

Carnegie Institute of Technology Carnegie Mellon University (CMU) is a private research university in Pittsburgh, Pennsylvania, United States. The institution was established in 1900 by Andrew Carnegie as the Carnegie Technical Schools. In 1912, it became the Carnegie Institu ...

(now

Carnegie Mellon University Carnegie Mellon University (CMU) is a private research university in Pittsburgh, Pennsylvania, United States. The institution was established in 1900 by Andrew Carnegie as the Carnegie Technical Schools. In 1912, it became the Carnegie Institu ...

). At Carnegie Mellon he collaborated, among others, with

Herbert A. Simon Herbert Alexander Simon (June 15, 1916 – February 9, 2001) was an American scholar whose work influenced the fields of computer science, economics, and cognitive psychology. His primary research interest was decision-making within organi ...

on questions regarding aggregation and causation in economic systems and with

Franco Modigliani Franco Modigliani (; ; 18 June 1918 – 25 September 2003) was an Italian-American economist and the recipient of the 1985 Nobel Memorial Prize in Economics. He was a professor at University of Illinois at Urbana–Champaign, Carnegie Mellon Uni ...

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 The University of Pennsylvania (Penn or UPenn) is a Private university, private Ivy League research university in Philadelphia, Pennsylvania, United States. One of nine colonial colleges, it was chartered in 1755 through the efforts of f ...

from 1967 until his death from leukemia in 2002.

Awards and fellowships

* Ford Foundation Faculty Research Fellow, 1970 * Japan Foundation Fellow * Alexander von Humboldt Award for Senior American Scientists *

Guggenheim Fellow Guggenheim Fellowships are grants that have been awarded annually since by the John Simon Guggenheim Memorial Foundation, endowed by the late Simon and Olga Hirsh Guggenheim. These awards are bestowed upon individuals who have demonstrated d ...

, 1970. * Fellow,

Econometric Society The Econometric Society is an international society of academic economists interested in applying statistical tools in the practice of econometrics. It is an independent organization with no connections to societies of professional mathematicians o ...

, elected 1966. *

Alexander Henderson Award The Tepper School of Business is the business school of Carnegie Mellon University. It is located in the university's campus in Pittsburgh, Pennsylvania. The school offers degrees from the undergraduate through doctoral levels, in addition to ...

, 1955.

References

External links

Obituary
written by

Lawrence Klein Lawrence Robert Klein (September 14, 1920 – October 20, 2013) was an American economist. For his work in creating computer models to forecast economic trends in the field of econometrics in the Department of Economics at the University of Penn ...

.
Empirical Analysis of Economic Institutions Discussion Paper Series No.78
written by Charles Yuji Horioka, 15 October 2005. {{DEFAULTSORT:Ando, Albert K. 1929 births 2002 deaths People from Tokyo Japanese economists University of Pennsylvania faculty Fellows of the Econometric Society Carnegie Mellon University alumni 20th-century American economists Seattle University alumni Saint Louis University alumni Japanese emigrants to the United States American academics of Japanese descent