Kenneth J. Arrow, one of the most brilliant economic minds of the 20th century and, at 51, the youngest economist ever to win a Nobel, died on Tuesday at his home in Palo Alto, California. He was 95.
His most significant works are his contributions to social choice theory [1], notably "Arrow's impossibility theorem [2]", and his work on general equilibrium [3] analysis. He has also provided foundational work in many other areas of economics, including endogenous growth theory [4] and the economics of information [5].
23 February 2017