F. Y. Edgeworth (Francis Ysidro Edgeworth)

Francis Ysidro Edgeworth (1845-1926) was an influential Irish economist and statistician known for his contributions to microeconomics and the development of the concept of indifference curves, which illustrate consumer preference. He was a pioneer in using mathematical approaches to economics, advocating for the application of statistics in social sciences. Edgeworth also explored issues related to utility and the distribution of resources, enhancing our understanding of economic theory. His work laid the groundwork for later developments in welfare economics and game theory, influencing both theoretical and applied economics.