Kenneth Arrow

Economist, Nobel Prize laureate

Kenneth Arrow - Economist, Nobel Prize laureate
Born

August 23rd, 1921
104 years ago

Died

2017
8 years ago — 96 years old

Category

Thinkers & Philosophers

Country

United States

Links & References

Contributed extensively to economic theory, particularly in welfare economics and general equilibrium theory. Received the Nobel Memorial Prize in Economic Sciences in 1972 for his analysis of the market's inability to reach optimality. Held academic positions at institutions such as Stanford University and Harvard University. Influenced public policy through economic models and theories, and published numerous articles and books.

Won the Nobel Memorial Prize in Economic Sciences in 1972

Developed the Arrow's Impossibility Theorem

Contributed to the foundations of modern welfare economics

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