Abstract:The impact of Kenneth Arrow's work on twentieth century economics has been to change fundamentally economists' understanding of their discipline and their view of several major classes of problems. Ar...The impact of Kenneth Arrow's work on twentieth century economics has been to change fundamentally economists' understanding of their discipline and their view of several major classes of problems. Arrow was a leader in the post–World War II push to bring the full power of mathematics and statistics to bear on economic analysis. The fields of general equilibrium, social choice and welfare economics, mathematical programming, and economics of uncertainty have been fundamentally altered by his contributions. In addition, Arrow is a man of wide learning, refreshing spontaneity, personal warmth, and remarkable absence of pretension.Read More
Publication Year: 2011
Publication Date: 2011-12-15
Language: en
Type: book-chapter
Indexed In: ['crossref']
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