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Kenneth Arrow (August 23, 1921 - February 21, 2017) was an American economist, professor, statistician, and teacher. Born in New York City, he held citizenship in the United States and passed away in Palo Alto, California.
Arrow was educated at City College of New York, Columbia University, City University of New York, and Townsend Harris High School. He was a prominent figure in the fields of microeconomics, general equilibrium theory, and social choice theory. Arrow was known for his work on general equilibrium theory, fundamental theorems of welfare economics, Arrow's impossibility theorem, and endogenous growth theory. His doctoral advisor was Harold Hotelling.
Throughout his career, Arrow mentored numerous doctoral students, including Eric Maskin, David Bradford, Roger Myerson, Takatoshi Ito, Michael Bruno, Jan Kmenta, Dean Jamison, Ross Starr, John Geanakoplos, Michael Reich, Andrea Prat, Michael Schwarz, Prashant Parikh, Edward Li, Michael Spence, John Harsanyi, Nancy Stokey, Sebastián Piñera, Karl Shell, Jerry Kelly, and Jean-Jacques Laffont.
Kenneth Arrow received numerous awards during his lifetime, including the 1972 Nobel Memorial Prize in Economic Sciences, John von Neumann Theory Prize, John Bates Clark Medal, National Medal of Science, and the title of Fellow of the Royal Society (FRS).
