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Kenneth Arrow
Kenneth Arrow | |
|---|---|
 Arrow in 1996 | |
| Born | Kenneth Joseph Arrow August 23, 1921 New York City, U.S. |
| Died | February 21, 2017 (aged 95) Palo Alto, California, U.S. |
| Education | |
| Academic career | |
| Field | |
| Institution | Stanford University University of Chicago Harvard University |
| School or tradition | Neoclassical economics |
| Doctoral advisor | Harold Hotelling |
| Doctoral students | |
| Influences | |
| Contributions |
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| Awards |
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| Information at IDEAS / RePEc | |
| Website | healthpolicy |
Kenneth Joseph Arrow (August 23, 1921 – February 21, 2017) was an American economist, mathematician and political theorist. He received the John Bates Clark Medal in 1957, and the Nobel Memorial Prize in Economic Sciences in 1972, along with John Hicks.[3][4]
In economics, Arrow was a major figure in postwar neoclassical economic theory. Four of his students (Roger Myerson, Eric Maskin, John Harsanyi, and Michael Spence) went on to become Nobel laureates themselves. His contributions to social choice theory, notably his “impossibility theorem", and his work on general equilibrium analysis are significant. His work in many other areas of economics, including endogenous growth theory and the economics of information, was also foundational.
- ^ Dewar, Diane M. (2017). Essentials of Health Economics. Jones & Bartlett Publishers. ISBN 978-1-284-05462-0.
- ^ Arrow, Kenneth Joseph (2017). On Ethics and Economics: Conversations with Kenneth J. Arrow. Routledge. pp. 12, 33. ISBN 978-1-138-67606-0.
- ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1972". NobelPrize.org. Retrieved November 21, 2024.
- ^ "John Bates Clark Medal". www.aeaweb.org. Retrieved November 21, 2024.
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