e-journal
Biography Kiyosi It^oo: and his influence on the study of agricultural finance and economics
Purpose – The purpose of this paper is to review the life of the famous mathematician Kiyosi It^oo:
and discuss his influence on the study of agricultural finance and agricultural economics. Design/methodology/approach – This paper is a qualitative historical review. Findings – The paper provides a biographical stretch of It^oo:’s life. It is shown that his influence started to infiltrate the agricultural economics profession at around 1985 and is currently a major influence of a range of economic issues from farm policy to agricultural investments. Research limitations/implications – The biography is limited to a review of It^oo:’s academic life and influence. Practical implications – The paper offers a historical perspective on how probability emerged as a critical piece of the economic puzzle. For scholars and practitioners of agricultural finance, the paper provides an in depth review of how It^oo: processes have, and can, be used. Originality/value – This paper provides a historical perspective on It^oo: that is of use to students and scholars of rural credit. This is the first ‘‘biography’’ of It^oo: to discuss his influence on agricultural finance and agricultural economics.
Keywords Stochastic processes, Agriculture, Finance, Credit, Rural economies Paper type General review
Tidak ada salinan data
Tidak tersedia versi lain