Frases de Kenneth Arrow

Kenneth Joseph Arrow [1]​ fue un economista estadounidense de origen judío.

Fue laureado con el Premio del Banco de Suecia en Ciencias Económicas en memoria de Alfred Nobel en 1972 junto con John Hicks. Es considerado uno de los economista más destacados de la teoría económica neoclásica en el periodo posterior a la Segunda Guerra Mundial. Wikipedia  

✵ 23. agosto 1921 – 21. febrero 2017
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Kenneth Arrow: 37   frases 0   Me gusta

Kenneth Arrow: Frases en inglés

“The purpose of organizations is to exploit the fact that many (virtually all) decisions require the participation of many individuals for their effectiveness.”

Fuente: 1970s-1980s, The Limits Of Organization (1974), Chapter 2, Organization And Information, p. 33

“Collective action is a means of power, a means by which individuals can more fully realize their individual values.”

Fuente: 1970s-1980s, The Limits Of Organization (1974), Chapter 1, Rationality: Individual And Social, p. 16

“The Austrian a priori dogmatism (von Mises, especially; Hayek, to a lesser degree).”

on question "In your mind, what has been the most misleading theoretical approach in economics?", in Karen Ilse Horn (ed.) Roads to Wisdom, Conversations With Ten Nobel Laureates in Economics (2009)
New millennium

“As is by now well known, attempts to form social judgments by aggregating individual expressed preferences always lead to the possibility of paradox.”

Fuente: 1970s-1980s, The Limits Of Organization (1974), Chapter 1, Rationality: Individual And Social, p. 25

“In an ideal socialist economy, the reward for invention would be completely separated from any charge to the users of information. In a free enterprise economy, inventive activity is supported by using the invention to create property rights; precisely to the extent that it is successful, there is an underutilization of the information.”

Kenneth J. Arrow (1962). "Economic Welfare and the Allocation of Resources for Invention." In: The Rate and Direction of Inventive Activity. Princeton University Press.; cited in: Thrainn Eggertsson, Economic behavior and institutions. 1990. p. 22
1950s-1960s

“Uncertainty means that we do not have a complete description of the world which we fully believe to be true.”

Fuente: 1970s-1980s, The Limits Of Organization (1974), Chapter 2, Organization And Information, p. 34

“I was a very polite person, though. Paul Samuelson tells these stories how he used to correct his professors. I assume that’s true. But I wasn’t that type.”

in Karen Ilse Horn (ed.) Roads to Wisdom, Conversations With Ten Nobel Laureates in Economics (2009)
New millennium

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