This man argued that higher education sorts students by ability using existing information rather than new information in "Higher Education as a Filter." He analyzed asymmetric information in "Uncertainty and the Welfare Economics of Medical Care," and he gives his name to a type of risk aversion with Pratt. With Gerard Debreu, he wrote Existence of a Competitive Equilibrium for a Competitive Economy. This author of Essays in the Theory of Risk-Bearing may be best known for a concept that states individual preferences must be translated into community preferences in vo
This man argued that higher education sorts students by ability using existing information rather than new information in "Higher Education as a Filter." He analyzed asymmetric information in "Uncertainty and the Welfare Economics of Medical Care," and he gives his name to a type of risk aversion with Pratt. With Gerard Debreu, he wrote Existence of a Competitive Equilibrium for a Competitive Economy. This author of Essays in the Theory of Risk-Bearing may be best known for a concept that states individual preferences must be translated into community preferences in voting systems. For 10 points, name this man with a namesake "impossibility theorem."
This man argued that higher education sorts students by ability using existing information rather than new information in "Higher Education as a Filter."
Kenneth {Arrow}