Definition of Arrow, Kenneth Joseph in English:

Arrow, Kenneth Joseph

proper noun

  • (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