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Max Henrion awarded 2018 Ramsey Medal for Decision Analysis

The Decision Analysis Society has awarded the 2018 Frank Ramsey Medal to Max Henrion, CEO of Lumina and originator of Analytica. The medal is the society’s highest award. It recognizes distinguished contributions to decision analysis, including decision theory, methods, applications, education, and public awareness.

Frank P. Ramsey, for whom the medal is named, was a Cambridge mathematician and pioneer in decision theory. His 1926 essay “Truth and Probability” anticipated later contributions by John von Neuman, Oscar Morgenstern, Leonard J. Savage, and other luminaries of the field. Previous recipients of the medal include Professors Ronald Howard, Howard Raiffa,  Amos Tversky, and Daniel Kahneman (who also won the Nobel Prize in Economics).

The Decision Analysis Society cites Dr. Henrion’s contributions to the theory and practice of decision analysis, integration of decision analysis and artificial intelligence, and energy and environmental policy decision making.  It also mentions his work on Analytica, Max led the design and development of the Analytica decision software, which has brought decision analysis techniques to a wide audience with little previous exposure to those methods.

Ramsey Medal 2018 award citation

Video of Award

DAS President Eric Bickel makes award, and Max Henrion’s acceptance talk “How did I get here?

November 5, 2018.

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Download the free edition of Analytica

The free version of Analytica lets you create and edit models with up to 101 variables, which is pretty substantial since each variable can be a multidimensional array. It also lets you run larger modes in ‘browse mode.’ Learn more about the free edition.

While Analytica doesn’t run on macOS, it does work with Parallels or VMWare through Windows.


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    Download the free edition of Analytica

    The free version of Analytica lets you create and edit models with up to 101 variables, which is pretty substantial since each variable can be a multidimensional array. It also lets you run larger modes in ‘browse mode.’ Learn more about the free edition.

    While Analytica doesn’t run on macOS, it does work with Parallels or VMWare through Windows.


      Analytica Cubes Pattern