Photo from the Nobel Foundation archive.
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