
“for their pioneering contributions to general economic equilibrium theory and welfare theory”
Kenneth J. Arrow was an American economist. He shared the 1972 Nobel Prize in Economic Sciences with John R. Hicks for their pioneering contributions to general economic equilibrium theory and welfare theory. He is also known for Arrow's impossibility theorem in social choice theory.
- Field
- Business & Economics · Welfare Economics
- Lifespan
- 1921–2017