Public Choice, Vol. 179, No. 1/2, Special Issue: Honoring Kenneth Arrow (April 2019), pp. 125-131 (7 pages) Arrow’s impossibility result not only had a profound influence on welfare economics, but was ...
PALO ALTO, Calif. — Kenneth J. Arrow, the youngest-ever winner of a Nobel prize for economics, whose theories on risk, innovation and the basic mathematics of markets have influenced thinking on ...
Kenneth Arrow, a founding father of modern economic theory, passed away this week. For ten years Ken and I co-directed the Jerusalem Ph.D. summer school in economics. The very many conversations we ...