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Kenneth Joseph Arrow (August 23, 1921 – February 21, 2017) was an American economist, mathematician, writer, and political theorist. Along with John Hicks, he won the Nobel Memorial Prize in Economic Sciences in 1972. In economics, Arrow was a major figure in post-World War II neoclassical economic theory.
Kenneth J. Arrow (born August 23, 1921, New York, New York, U.S.—died February 21, 2017, Palo Alto, California) was an American economist known for his contributions to welfare economics and to general economic equilibrium theory. He was cowinner (with Sir John R. Hicks) of the Nobel Prize for Economics in 1972.
Feb 21, 2017 · Kenneth Joseph Arrow was born on Aug. 23, 1921, in New York City. After graduating from Townsend Harris High School in Manhattan, he raced through City College, finishing with a bachelor’s ...
Kenneth J. Arrow is a Nobel laureate in economic sciences who has made seminal contributions to the fields of social choice, Pareto efficiency, information, and game theory. He was born in New York, served in the Army Air Corps, and received his Ph.D. from Columbia University. He held positions at Stanford, Harvard, and other institutions, and received many honors and awards.
Sep 12, 2023 · Kenneth Arrow was an American neoclassical economist who won the Nobel Prize in 1972 for his contributions to general equilibrium analysis and welfare economics. He is known for his theorem called the General Impossibility Theorem, which shows that ideal voting methods cannot be decided fairly in a group of more than two candidates. He also studied social choice theory, endogenous growth theory, collective decision making, and the economics of information and racial discrimination.
- Will Kenton
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Oct 13, 2014 · Kenneth Arrow’s “impossibility” theorem—or “general possibility” theorem, as he called it—answers a very basic question in the theory of collective decision-making. Say there are some alternatives to choose among. They could be policies, public projects, candidates in an election, distributions of income and labour requirements ...
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Feb 22, 2017 · Kenneth Arrow, a leading figure in economic theory and research operations, passed away on Tuesday morning in his home in Palo Alto. He was 95 and had a long and influential career at Stanford, where he was a professor emeritus of economics and operations research. He was also known for his pioneering contributions to general equilibrium theory and welfare theory, his social activism, and his interest in other fields.
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