Selected Readings in Economic Theory from Econometrica

Přední strana obálky
Kenneth Joseph Arrow
M.I.T. Press, 1971 - Počet stran: 448
The journal Econometrica is the locus of some of the most important and advanced contributions to modern economics, and a new series of books has been established, the better to preserve and disseminate the cream of these contributions. Each volume presents a selection of articles covering a broad aspect of the field. This second volume in the series closely follows publication of the first, Selected Readings in Econometrics from Econometrica. Joseph E. Stiglitz is General Editor of the series.

The editor of the present volume has chosen the 22 articles reprinted here in such a way as to point up the general utility of economic theory and the widely distributed range of specific problems that can be analyzed and clarified with its application. Among the topics covered by these selected readings are the distribution of national income, entrepreneurial and consumer demand theories, the stability of equilibrium (including competitive equilibrium), the bargaining problem, resource utilization, the nature of the expectation and planning horizon, utility discrimination, social welfare functions, separable utility and aggregation, risk aversion, and two-level planning.

The contributors are M. Kalecki; A. Wald; Louis M. Court; Paul A. Samuelson; Rene Roy; Wassily Leontief; George B. Dantzig; John F. Nash, Jr.; Gerard Debreu; Franco Modigliani and Franz E. Hohn; M. Boiteux; R. Duncan Luce; Julian H. Blau; Kenneth J. Arrow, H. D. Block, and Leonid Hurwicz; W. M. Gorman; Lionel W. McKenzie; Frank H. Hahn and Takashi Negishi; Robert J. Aumann; Tjalling C. Koopmans, Peter A. Diamond, and Richard E. Williamson; John H. Pratt; and J. Kornai and Th. Liptak.

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O autorovi (1971)

Kenneth Joseph Arrow was born in New York City on August 23, 1921. He received a bachelor's degree in social science and in mathematics from City College. He did his graduate work at Columbia University. He served in the Army Air Corps during World War II. He taught at Harvard University from 1968 to 1979 and at Stanford University until retiring in 1991. He was an economist who was known for his contributions to mathematical economics. He wrote numerous books including Social Choice and Individual Values and Social Choice and Multicriterion Decision-Making written with Herve Raynaud. Arrow and John R. Hicks received the 1972 Nobel Memorial Prize in Economic Science for their work in welfare economics and the theory of social choice. In 2004, Arrow received the National Medal of Science, the nation's highest scientific honor. He died on February 21, 2017 at the age of 95.

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