Frank Knight in the context of "Robert Redfield"

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⭐ Core Definition: Frank Knight

Frank Hyneman Knight (November 7, 1885 – April 15, 1972) was an American economist who spent most of his career at the University of Chicago, where he became one of the founders of the Chicago School.

Nobel laureates Milton Friedman, George Stigler and James M. Buchanan were all students of Knight at Chicago. Ronald Coase said that Knight, without teaching him, was a major influence on his thinking. F.A. Hayek considered Knight to be one of the major figures in preserving and promoting classical liberal thought in the twentieth century.

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👉 Frank Knight in the context of Robert Redfield

Robert Redfield (December 4, 1897 – October 16, 1958) was an American anthropologist and ethnolinguist, whose ethnographic work in Tepoztlán, Mexico, is considered a landmark of Latin American ethnography. He was associated with the University of Chicago for his entire career: all of his higher education took place there, and he joined the faculty in 1927 and remained there until his death in 1958, serving as Dean of Social Sciences from 1934 to 1946. Redfield was a co-founder of the University of Chicago Committee on Social Thought alongside other prominent Chicago professors Robert Maynard Hutchins, Frank Knight, and John UIrich Nef.

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Frank Knight in the context of Committee on Social Thought

The John U. Nef Committee on Social Thought is one of several PhD-granting committees at the University of Chicago. It was started in 1941 by economic historian John Ulric Nef along with economist Frank Knight, anthropologist Robert Redfield, and University President Robert Maynard Hutchins.

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Frank Knight in the context of Traffic flow

In transportation engineering, traffic flow is the study of interactions between travellers (including pedestrians, cyclists, drivers, and their vehicles) and infrastructure (including highways, signage, and traffic control devices), with the aim of understanding and developing an optimal transport network with efficient movement of traffic and minimal traffic congestion problems.

The foundation for modern traffic flow analysis dates back to the 1920s with Frank Knight's analysis of traffic equilibrium, further developed by Wardrop in 1952. Despite advances in computing, a universally satisfactory theory applicable to real-world conditions remains elusive. Current models blend empirical and theoretical techniques to forecast traffic and identify congestion areas, considering variables like vehicle use and land changes.

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LINKED FROM (PARENTS)
← Robert Redfield ← Committee on Social Thought ← Traffic flow
LINKS TO (CHILDREN)
Economist → University of Chicago → Chicago School (economics) → Milton Friedman → George Stigler → James M. Buchanan → Ronald Coase → Friedrich Hayek → Classical liberalism →