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	Kenneth Arrow - Wikipedia, the free encyclopedia
		Kenneth Joseph Arrow (born August 23, 1921) is an American economist, winner of the Bank of Sweden Prize in Economic Sciences in 1972.
		Arrow went on to extend the model to deal with issues relating to uncertainty, stability of the equilibrium, and whether a competitive equilibrium is efficient.
		Arrow was instrumental in kick-starting research into endogenous growth theory (also known as new growth theory) which sought to explain the source of technical change, which is a key driver of economic growth.
	en.wikipedia.org /wiki/Kenneth_Arrow (850 words)

	Kenneth Arrow: biography and encyclopedia article (Site not responding. Last check: 2007-11-05)
		Kenneth Joseph Arrow (born August 23, 1921) is an American (A native or inhabitant of the United States) economist (An expert in the science of economics), winner of the Nobel Prize in Economics in 1972.
		Arrow's impossibility theorem was set out in his Ph.D. (An American doctorate usually based on at least 3 years graduate study and a dissertation; the highest degree awarded by a graduate school) thesis, Social choice and individual values.
		Arrow was instrumental in kick-starting research into endogenous growth theory (additional info and facts about endogenous growth theory) (also known as new growth theory) which sought to explain the source of technical change, which is a key driver of economic growth.
	www.absoluteastronomy.com /encyclopedia/k/ke/kenneth_arrow.htm (943 words)

	Kenneth Arrow - Wikipedia, the free encyclopedia (Site not responding. Last check: 2007-11-05)
		Kenneth Joseph Arrow (born August 23, 1921) is an American economist.
		His most significant works are his contributions to social choice theory, notably "Arrow's impossibility theorem", and his work on general equilibrium analysis.
		Arrow's impossibility theorem was set out in his PhD thesis, Social choice and individual values.
	www.encyclopedia-online.info /Kenneth_J._Arrow (177 words)

	Kenneth Arrow, Biography: The Concise Encyclopedia of Economics: Library of Economics and Liberty
		Arrow went on to show, in a 1951 article, that a competitive economy in equilibrium is efficient and that any efficient allocation could be reached by having the government use lump-sum taxes to redistribute, and then letting the market work.
		Arrow also showed, with coauthor Gerard Debreu, that under certain conditions an economy reaches a general equilibrium—that is, an equilibrium in which all markets are in equilibrium.
		Arrow was also one of the first economists to note the existence of a learning curve.
	www.econlib.org /library/Enc/bios/Arrow.html (608 words)

	Kenneth Arrow
		Kenneth Arrow and Gerard Debreu began their famous collaboration which culminated in the celebrated Arrow-Debreu proof of existence of a competitive equilibrium (1954).
		Arrow demonstrated that a full set of state-contingent commodity markets could be replaced by a considerably smaller set of Arrow securities which spanned the various possible states - and that, consequently, the optimal allocation of risk would be identical as in an Arrow-Debreu model with a full set of state-contingent markets.
		Kenneth J. Arrow shared the Nobel prize in 1972 with another exemplary scholar, John Hicks, for his 'pioneering contributions to general economic equlibrium theory and welfare theory'.
	www.economyprofessor.com /theorists/kennetharrow.php (2944 words)

	FEN One on One Interview: Kenneth Arrow
		Kenneth J. Arrow, a preeminent economic theorist whose work advanced the Neo-Walrasian school of general equilibrium theory and helped establish the field of welfare economics, received a Nobel Prize in economics in 1972.
		Arrow: It’s a surprise to me that ordinary business risks are not transferred to the extent one might have supposed, despite the existence of financial derivatives.
		Arrow: Healthcare is not a public good in the ordinary sense, except in relation to contagious diseases.
	fenews.com /fen33/one_on_one_interview/one_on_one_arrow.html (2727 words)

	Kenneth Arrow selected as National Medal of Science winner
		Kenneth J. Arrow, professor emeritus of economics and of operations research whose work has changed thinking in stock markets as well as the health-care and insurance industries, has been selected as one of eight recipients of the 2004 National Medal of Science, the White House announced Monday.
		A Nobel laureate in economics, Arrow shared the prize in 1972 with John R. Hicks for pioneering contributions to general economic equilibrium theory and welfare theory.
		"Arrow has made groundbreaking contributions to the pure theory of economics but also holds a broad understanding of the social science arena in which theories are confronted and practical lessons worked out," said a White House statement.
	news-service.stanford.edu /news/2005/november16/arrownms-111605.html (616 words)

	Nobel Laureate Kenneth Arrow discusses economics of new malarial drugs, Oct. 21
		Kenneth J. Arrow was born in 1921 in New York, New York, educated (for the most part) in the public schools of the city, and graduated from The City College in 1940.
		Arrow, a longtime professor of economics at Stanford University and influential policy advisor, recently chaired a National Institute of Medicine committee that issued a report on the global war on malaria.
		Arrow has called upon the international development community to recognize the effectiveness of ACT antimalarial drugs as a "global public good" — one worthy of a global subsidy to protect their effectiveness.
	news-info.wustl.edu /news/page/normal/5964.html (846 words)

	Economists win Kenneth Arrow award: 1/98
		The Kenneth Arrow Award in Health Economics for 1997 was presented Jan. 2 in Chicago at the annual meeting of the American Economics Association to Daniel Kessler of the Graduate School of Business and Mark McClellan of the departments of economics and medicine.
		The Arrow Award is named in honor of Kenneth Arrow, Stanford professor emeritus and winner of the Nobel Memorial Prize in Economic Sciences.
		Arrow's research on risk and insurance is one of the foundations of modern health economics, according to Associate Professor Alan Garber, who directs the Center for Evaluation of Health Practices and Advancement of Primary Care.
	news-service.stanford.edu /news/1998/january21/arrowaward.html (403 words)

	Arrow’s Theorem Proves No Voting System is Perfect (Site not responding. Last check: 2007-11-05)
		Named after Nobel Prize-winning economist Kenneth Arrow, the theorem starts by establishing a set of reasonable conditions on voting -- that is, on the method of aggregating individuals’ preferences into group preferences.
		Arrow was trying to create a voting system that was consistent, fair, and would lead to transitive group preferences over more than two options.
		Arrow’s Theorem states that, when choosing between more than two options, it is impossible in general to implement these four conditions without creating cycling group preferences.
	www-tech.mit.edu /V123/N8/8voting.8n.html (713 words)

	Federal Reserve Bank of Minneapolis-The Region-Interview with Kenneth Arrow (December 1995) (Site not responding. Last check: 2007-11-05)
		Kenneth Arrow's first paper was an influential piece on the use of winds for flight planning, and his first intellectual passion was for mathematical statistics.
		Arrow's doctoral dissertation, and papers that followed, is still some of his best-known work.
		Arrow's interests are wide-ranging; he has worked on issues pertaining to medicine, statistics, rational choice, the economics of uncertainty, learning, information, technology, trade and many other topics.
	woodrow.mpls.frb.fed.us /pubs/region/95-12/int9512.cfm?js=0 (5552 words)

	Arrow's Impossibility Theorem for Aggregating Individual Preferences into Social Preferences
		Kenneth Arrow investigated the general problem of finding a rule for constucting social preferences from individual preferences.
		Kenneth Arrow examined the problem rigorously by specifying a set of requirements that should be satisfied by an acceptable rule for constructing socially preferences from individual preferences; i.e.,
		What Kenneth Arrow was able to prove mathematically is that there is no method for constructing social preferences from arbitrary individual preferences.
	www.sjsu.edu /faculty/watkins/arrow.htm (471 words)

	Kenneth Arrow - Encyclopedia, History, Geography and Biography
		He has also provided foundational work in many other areas of economics, including endogenous growth theory and information economics.
		In its final form it states the following: given the conditions of Pareto Optimality (P), Unbounded social choice (S), Independence of choices (I) and non-Dictatorship (D), it is impossible to formulate a social choice function which satisfies all of them.
		Kenneth Arrow, General Possibility Theorem, General equilibrium theory, Endogenous Growth theory, Information Economics, Works, See also, External links, 1921 births, Economists, American economists, John von Neumann Theory Prize Winners and Nobel Prize in Economics winners.
	www.arikah.com /encyclopedia/Kenneth_Arrow (756 words)

	Harvard University Press/Collected Papers of Kenneth J. Arrow, Volume 6
		Unlike the papers of some other great economists, those of Kenneth Arrow are being read and studied today with even greater care and attention than when they first appeared in the journals.
		Although economic theory has been Kenneth Arrow's comparative advantage as well as his special interest, from time to time he has turned his attention to applied problems, often with unexpected results.
		Arrow's main interest in studying these disparate problems has been their potential source for new theory as well as their policy applications.
	www.hup.harvard.edu /catalog/ARRCO6.html (329 words)

	Kenneth J. Arrow
		Kenneth J. Arrow is recognized as one of the twentieth century's leading economists and decision analysts.
		Arrow was grew up in and around New York City and completed his undergraduate education at the City College of New York in 1940.
		In addition, Professor Arrow was among the first researchers to note the existence of the learning curve.
	www.informs.org /History/Gallery/Presidents/TIMS/karrow.htm (430 words)

	The Filter^: An Arrow in the Black: Condorcet, Duncan Black and Kenneth Arrow
		He submitted an article to 'Econometrica' around 1948, but the article was held up in the refereeing process for 18 months, after which he received a rejection on the grounds that the work of Kenneth Arrow had not been cited.
		Arrow's theorem says that if the decision-making body has at least two members and at least three options to decide among, then it is impossible to design a social choice function that satisfies all these conditions at once.
		Black refused to cite Arrow, so his paper was lost from history, and a mystery developed as to how Arrow suddenly decided on his thesis, in a field somewhat removed from what he'd been working on.
	thefilter.blogs.com /thefilter/2004/09/an_arrow_in_the.html (517 words)

	Kenneth J. Arrow -- Encyclopædia Britannica
		Arrow, Kenneth J. American economist known for his contributions to welfare economics and to general economic equilibrium theory.
		When he was elected Zambia's first president in 1964, Kenneth Kaunda promised to establish a “color-blind society.” But racial tensions in neighboring Rhodesia (now Zimbabwe) spilled over into Zambia, making the pledge difficult to keep.
		The historical novels of Kenneth Roberts “have long contributed to the creation of greater interest in our early American history,” according to a special Pulitzer citation with which he was honored in 1957.
	www.britannica.com /eb/article-9009624?tocId=9009624 (703 words)

	Uncertain Times: Kenneth Arrow and the Changing Economics of Health Care : Book (Site not responding. Last check: 2007-11-05)
		This volume revisits the Nobel Prize-winning economist Kenneth Arrow’s classic 1963 essay "Uncertainty and the Welfare Economics of Medical Care" in light of the many changes in American health care since its publication.
		Arrow’s groundbreaking piece, reprinted in full here, argued that while medicine was subject to the same models of competition and profit maximization as other industries, concepts of trust and morals also played key roles in understanding medicine as an economic institution and in balancing the asymmetrical relationship between medical providers and their patients.
		The collection concludes with a new essay by Arrow, in which he reflects on the health care markets of the new millennium.
	www.pagenation.com /an/0822332094.html (393 words)

	Rich Man, Poor Man - An interview with Kenneth Arrow and Kenneth Judd, by Peter Robinson (Site not responding. Last check: 2007-11-05)
		In 1968, the average income for the richest one-fifth of American households came to about $74,000, while the average income for the poorest one-fifth came to less than one tenth of that amount, or about $7,000.
		Kenneth L. Judd is a senior fellow at the Hoover Institution.
		Kenneth Arrow is the Joan Kenney Professor of Economics and Operations Research emeritus at Stanford University.
	www.hooverdigest.org /974/interview.html (1710 words)

	Kenneth J. Arrow at IDEAS
		Arrow, Kenneth & Bolin, Bert & Costanza, Robert & Dasgupta, Partha & Folke, Carl & Holling, C. Economic growth, carrying capacity, and the environment," Ecological Economics, Elsevier, vol.
		Arrow, Kenneth J & Kehoe, Timothy J, 1994.
		Arrow, Kenneth J & Levhari, David & Sheshinski, Eytan, 1972.
	ideas.repec.org /e/par7.html (1116 words)

	MilkenInstitute.Org > Events > > Speakers  >  Kenneth Arrow (Site not responding. Last check: 2007-11-05)
		Kenneth Arrow is a Nobel Laureate in Economic Sciences and Professor Emeritus at Stanford University.
		He was awarded the Nobel Prize in 1972 “for pioneering contributions to general economic equilibrium theory and welfare theory.” Arrow began his graduate study in economics and statistics at Columbia University.
		Kenneth Arrow earned his Ph.D. at Columbia University.
	www.milkeninstitute.org /events/events.taf?function=show&cat=allconf&EventID=GC03&SPID=932&level1=speakers&level2=bio&ID=26 (190 words)

	Uncertain Times. Kenneth Arrow and the Changing Economics of Health Care :: Education by Design Store
		This volume revisits the Nobel Prize-winning economist Kenneth Arrowand#146;s classic 1963 essay "Uncertainty and the Welfare Economics of Medical Care" in light of the many changes in American health care since its publication.
		Arrowand#146;s groundbreaking piece, reprinted in full here, argued that while medicine was subject to the same models of competition and profit maximization as other industries, concepts of trust and morals also played key roles in understanding medicine as an economic institution and in balancing the asymmetrical relationship between medical providers and their patients.
		Kenneth Arrow and the Changing Economics of Health Care...
	www.edbydesign.com /books/0822332485.html (390 words)

	AllRefer.com - Kenneth Joseph Arrow (Economics, Biography) - Encyclopedia
		AllRefer.com - Kenneth Joseph Arrow (Economics, Biography) - Encyclopedia
		A specialist in welfare economics and general equilibrium theory, he shared the 1972 Nobel Memorial Prize in Economic Sciences with Sir John Richard Hicks.
		Arrow's publications include Social Choice and Individual Values (2d ed.
	reference.allrefer.com /encyclopedia/A/Arrow-Ke.html (261 words)

	Kenneth J. Arrow, MA, PhD - CISAC
		Kenneth Arrow is the Joan Kenney Professor of Economics and Professor of Operations Research, emeritus; a CHP/PCOR fellow; and an FSI senior fellow by courtesy.
		He 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.
		Arrow has served on the economics faculties of the University of Chicago, Harvard and Stanford.
	cisac.stanford.edu /people/2004 (472 words)

	RPDS: Kenneth J. Arrow Award (Site not responding. Last check: 2007-11-05)
		The paper was judged by an international panel of health economists to be the most important research paper in the field during the previous year.
		In current research, Case and Paxson are researching the long-term effects of poor health in childhood on earnings and health in adulthood.
		Arrow's research on risk and insurance is one of the foundations of modern health economics.
	www.wws.princeton.edu /~rpds/arrow.html (273 words)

	FSI Stanford News - CHP/PCOR fellow Kenneth Arrow chosen as National Medal of Science winner
		Kenneth J. Arrow, a CHP/PCOR fellow whose work has changed thinking in stock markets as well as the healthcare and insurance industries, has been selected as one of this year's eight recipients of the National Medal of Science, the White House announced on Monday.
		Arrow, 84, is the Joan Kenney Professor of Economics and Professor of Operations Research, Emeritus, as well as a senior fellow at the Freeman Spogli Institute for International Studies and the Stanford Institute for Economic Policy Research.
		In 1972 he and colleague John R. Hicks received the Nobel Prize in economics, for their pioneering contributions to general economic equilibrium theory and welfare theory.
	fsi.stanford.edu /news/626 (249 words)

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