Kenneth Arrow

Kenneth Arrow

Kenneth Joseph Arrow (born August 23, 1921) is an American economist and joint winner of the Nobel Memorial Prize in Economics with John Hicks in 1972. To date, he is the youngest person to have received this award, at 51.

In economics, he is considered an important figure in post-World War II neo-classical economic theory. Many of his former graduate students have gone on to win the Nobel Memorial Prize themselves. Arrow's impact on the economics profession has been tremendous. For more than fifty years he has been one of the most influential of all practising economists.

His most significant works are his contributions to social choice theory, notably "Arrow's impossibility theorem", and his work on general equilibrium analysis. He has also provided foundational work in many other areas of economics, including endogenous growth theory and the economics of information.

Read more about Kenneth ArrowEducation, Academic Career, Awards and Honors, Works

Other articles related to "kenneth arrow, arrow, kenneth":

Kenneth Arrow - Works
... Arrow, Kenneth J ... to the theory of choice in risk-taking situations," Econometrica, 19 404-437 Arrow, Kenneth J ... Arrow, Kenneth J ...
History Of Economic Thought - The "American Way" - Kenneth Arrow
... Main article Kenneth Arrow Kenneth Arrow (born 1921) is Paul Samuelson's brother-in-law ... In the 1950s, Arrow and Gérard Debreu developed the Arrow–Debreu model of general equilibria ... In 1971 Arrow with Frank Hahn co-authored General Competitive Analysis (1971), which reasserted a theory of general equilibrium of prices through the economy ...

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