Kenneth Arrow

Kenneth Arrow
Kenneth Arrow
	Arrow in 1996
Born	Kenneth Joseph Arrow; August 23, 1921; New York City, U.S.
Died	February 21, 2017 (aged 95); Palo Alto, California, U.S.
Academic background
Education	City College of New York (BS); Columbia University (MS, PhD);
Doctoral advisor	Harold Hotelling
Influences	Alfred Tarski;
Academic work
Discipline	Microeconomics; General equilibrium theory; Social choice theory;
School or tradition	Neoclassical economics
Institutions	Stanford University; University of Chicago; Harvard University
Doctoral students	David F. Bradford; Michael Bruno; John Geanakoplos; Joshua Gans; Nancy Gordon; Michael Schwarz; Gillian Hadfield; John Harsanyi; Jan Kmenta; Timur Kuran; Jean-Jacques Laffont; Eric Maskin; Roger Myerson; Sebastián Piñera; Andrea Prat; Karl Shell; Michael Spence; Nancy Stokey; Menahem Yaari;
Notable ideas	General equilibrium theory; Fundamental theorems of welfare economics; Arrow's impossibility theorem; Endogenous growth theory;
Awards	John Bates Clark Medal (1957); Nobel Prize in Economics (1972); von Neumann Theory Prize (1986); National Medal of Science (2004); ForMemRS (2006);
Website	Information at IDEAS / RePEc;

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.