The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1972
Photo from the Nobel Foundation archive.
John R. Hicks
Prize share: 1/2
Photo from the Nobel Foundation archive.
Kenneth J. Arrow
Prize share: 1/2
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1972 was awarded jointly to John R. Hicks and Kenneth J. Arrow "for their pioneering contributions to general economic equilibrium theory and welfare theory"
Watch the 2023 Nobel Prize announcements
Don't miss the Nobel Prize announcements 2-9 October!
Watch the live stream of the announcements.
Watch the live stream of the announcements.
Explore prizes and laureates
Look for popular awards and laureates in different fields, and discover the history of the Nobel Prize.