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

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

Died: 21 February 2017, Palo Alto, CA, 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."

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