We are deeply saddened by the news that BSE Scientific Council member Kenneth J. Arrow has passed away at age 95.
Together with John R. Hicks, he was the recipient of the 1972 Nobel Memorial Prize in Economics "for pioneering contributions to general economic equilibrium theory and welfare theory."
"To measure Arrow you need extra-dimensions," said BSE founder Andreu Mas-Colell. "The surprising thing about him is that he only got one Nobel Prize."
Professor Arrow was a member of the BSE Scientific Council since the beginning, and we are grateful for the insights and advice he shared with us over the years. We will miss him very much at the 10th Anniversary Scientific Council Meeting this spring.
BSE Chairman Ramon Marimon remembers Kenneth J. Arrow
Read Professor Arrow's Nobel Laureate Address (1972)
BSE Lecture: "The Economy as an Interactive Information System"
Obituaries
