This man published two articles on "learning by doing," and with Pratt, this man names a measure of risk aversion. Independently of Gerard Debreu, he proved the First and Second Welfare Theorems of general equilibrium theory, and with Debreu, he proved the existence of a competitive equilibrium. For
This man published two articles on "learning by doing," and with Pratt, this man names a measure of risk aversion. Independently of Gerard Debreu, he proved the First and Second Welfare Theorems of general equilibrium theory, and with Debreu, he proved the existence of a competitive equilibrium. For 10 points, name this 1972 Nobel Laureate in Economics, who showed that no voting system can accurately reflect the ranking preferences of the voters in his "Impossibility Theorem".
This man published two articles on "learning by doing," and with Pratt, this man names a measure of risk aversion.
Kenneth Joseph Arrow