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Kenneth Arrow
Sign in to saveAlso known as Kenneth Joseph Arrow, Kenneth J. Arrow, Ken Arrow
American economist (1921–2017)
Kenneth Arrow was an American economist who made fundamental contributions to understanding how societies make collective decisions and allocate resources. His work, including the development of "Arrow's impossibility theorem," shaped modern economic theory and policy by revealing both the possibilities and limitations of democratic voting systems and free markets.
AI-generated from the Wikipedia summary — may contain errors.
Nobel Prize
- The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel1972
“for their pioneering contributions to general economic equilibrium theory and welfare theory”
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Wikidata facts
- Instance of
- human
- Given name
- Joseph
- Gender
- male
- Citizenship
- United States
- Place of birth
- New York City
- Place of death
- Palo Alto
- Occupation
- university teacher
- Educated at
- Columbia University
- Employer
- Santa Fe Institute
- Languages spoken
- English language
- Academic degree
- master's degree
- Doctoral advisor
- Harold Hotelling
- Student of
- Harold Hotelling
- Doctoral student
- Takatoshi Ito
- Field of work
- literature
- Official website
- economics.stanford.edu/faculty/arrow
- Image
- Kenneth Arrow, Stanford University.jpg
- Residence
- California
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- Commons category
- Kenneth Arrow
- Erdős number
- 3
- birth name
- Kenneth Joseph Arrow
- influenced by
- Harold Hotelling
- affiliation
- Stanford University
- member of
- Econometric Society
- date of birth
- 1921-08-23
- name in native language
- Kenneth Joseph Arrow
- date of death
- 2017-02-21
- student
- Anthony Downs
- on focus list of Wikimedia project
- WikiProject Climate change
- writing language
- English language
- maintained by WikiProject
- WikiProject Mathematics
- interested in
- economics
Sources (10)
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Encyclopedic overview
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.
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.
Excerpted from Wikipedia’s “Kenneth Arrow” article, available under the CC BY-SA 4.0 licence.
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