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Polish-born Chicago mathematician.
Israel M. Herstein was born in Lublin, Poland. His family emigrated to Canada in 1926. Herstein studied at Canadian universities, then went on to receive his Ph.D in mathematics at Indiana University in the United States.
Israel Herstein joined the mathematics faculty at the University of Chicago in 1951, arriving at the height of the Cowles Commission. Herstein's 1953 contributions added substantially to the mathematical arsenal of economics. With John Milnor, Herstein developed a simpler axiomatization of the von Neumann-Morgenstern expected utility theory. With Debreu, Herstein helped introduce the Frobenius Theorems into economics
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