Kenneth Joseph Arrow
Kenneth Joseph Arrow
Kenneth Joseph "Ken" Arrowis an American economist, writer, and political theorist. He is the joint winner of the Nobel Memorial Prize in Economics with John Hicks in 1972. To date, he is the youngest person to have received this award, at 51...
NationalityAmerican
ProfessionEconomist
Date of Birth23 August 1921
CountryUnited States of America
among care explained information insurance later market medical parties pointed reference special
In 1963 and later papers, I pointed out that the special market characteristics of medical care and medical insurance could be explained by reference to differences in information among the parties involved.