Definition of Arrow, Kenneth Joseph in English:

Arrow, Kenneth Joseph

proper noun

  • (born 1921), US economist, noted chiefly for his work on general economic equilibrium and social choice. His "Social Choices and Individual Values" (1951) argued the impossibility of aggregating the preferences of individuals into a single combined order of priorities for society as a whole. Nobel Prize for Economics (1972), shared with John R. Hicks.


Arrow, Kenneth Joseph