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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.
Later themes included a specification of the demand for information and the implications of information as an economic input for returns to scale. Another area of study was the economics of racial discrimination. Kenneth J. Arrow died on 21 February 2017. MLA style: Kenneth J. Arrow – Biographical. NobelPrize.org. Nobel Prize Outreach AB 2024.
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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.
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Feb 21, 2017 · Feb. 21, 2017. Kenneth J. Arrow, one of the most brilliant economic minds of the 20th century and, at 51, the youngest economist ever to win a Nobel, died on Tuesday at his home in Palo...
I n 1972 American economist Kenneth Arrow, jointly with Sir John Hicks, was awarded the Nobel Prize in economics for “pioneering contributions to general equilibrium theory and welfare theory.” Arrow is probably best known for his Ph.D. dissertation (on which his book Social Choice and Individual Values is based), in which he proved his ...
The interviewer is Adam Smith, Editor-in-Chief of Nobelprize.org. Kenneth Arrow discusses his early education and the appeal of probability theory, his efforts during World War II to improve flight routes by calculating wind patterns (20:26), how the Impossibility Theorem was born (36:15), and why his theories on health “changed the whole ...
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