Kenneth Arrow

Joan Kenney Professor of Economics and Professor of Operations Research, Emeritus and CHP/PCOR Fellow, Dept. of Economics, Stanford University

Research interests include: measurement of welfare changes in a dynamic economy, collective decision-making, the role of networks in the labor market

Arrow is a Nobel Prize-winning economist whose work has been primarily in economic theory and operations, focusing on areas including social choice theory, risk bearing, medical economics, general equilibrium analysis, inventory theory, and the economics of information and innovation. He was one of the first economists to note the existence of a learning curve, and he also showed that under certain conditions an economy reaches a general equilibrium. In 1972, together with Sir John Hicks, he won the Nobel Prize in economics, for his pioneering contributions to general equilibrium theory and welfare theory.

Link: Ken Arrow's Web Site