Nobel Prizes and Laureates

Nobel Prizes and Laureates

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1972
John R. Hicks, Kenneth J. Arrow

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Kenneth J. Arrow - Facts

Kenneth J. Arrow

Kenneth J. Arrow

Born: 23 August 1921, New York, NY, USA

Affiliation at the time of the award: Harvard University, Cambridge, MA, USA

Prize motivation: "for their pioneering contributions to general economic equilibrium theory and welfare theory"

Field: general equilibrium theory, welfare theory

Contribution: Made fundamental contributions to the renewal of the general equilibrium theory. Work with welfare theory.Work in the theory of social choice.

Prize share: 1/2

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MLA style: "Kenneth J. Arrow - Facts". Nobel Media AB 2014. Web. 19 Dec 2014. <>


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This Prize was established in memory of Alfred Nobel.