Kenneth Arrow
Biographic Data
| ID | 177715 |
|---|---|
| NAME | Kenneth Arrow |
| GIVEN NAMES | Kenneth |
| FAMILY NAME | Arrow |
| SIGNATURE | ARROW K |
| AFFILIATIONS | Stanford University, Stanford, California. |
| VERIFIED | No |
| TOTAL WORKS | 16 |
| TOTAL CITATIONS | 83 |
| WORKS AS AUTHOR | 15 |
| WORKS AS EDITOR | 1 |
| FIRST PUBLICATION YEAR | 1953 |
| LATEST PUBLICATION YEAR | 2018 |
| H-INDEX | 3 |
Meritocracy and Economic Inequality
Creating a Learning Society
"In Creating a Learning Society, Joseph E. Stiglitz and Bruce C. Greenwald cast light on the significance of this insight for economic theory and policy. Taking as a starting point Kenneth J. Arrow's 1962 paper "Learning by Doing," they explain why the production of knowledge differs from that of other goods and why market economies alone typically do not produce and transmit knowledge efficiently. Closing knowledge gaps and helping laggards lear…
Moral Hazard in Health Insurance
Moral hazard - the tendency to change behaviour when the cost of that behaviour will be borne by others - is a particularly tricky question when considering health care. Kenneth J. Arrow's seminal 1963 paper on this topic (included in this volume) was one of the first to explore the implication of moral hazard for health care, and this book examines this issue in the context of contemporary American health care policy.
Social Norms and Global Environmental Challenges
Government policies are needed when people's behaviors fail to deliver the public good. Those policies will be most effective if they can stimulate long-term changes in beliefs and norms, creating and reinforcing the behaviors needed to solidify and extend the public good.It is often the short-term acceptability of potential policies, rather than their longer-term efficacy, that determines their scope and deployment. The policy process should con…
Social-ecological systems as complex adaptive systems
Systems linking people and nature, known as social-ecological systems, are increasingly understood as complex adaptive systems. Essential features of these complex adaptive systems – such as nonlinear feedbacks, strategic interactions, individual and spatial heterogeneity, and varying time scales – pose substantial challenges for modeling. However, ignoring these characteristics can distort our picture of how these systems work, causing policies …
General Resilience to Cope with Extreme Events
Resilience to specified kinds of disasters is an active area of research and practice. However, rare or unprecedented disturbances that are unusually intense or extensive require a more broad-spectrum type of resilience. General resilience is the capacity of social-ecological systems to adapt or transform in response to unfamiliar, unexpected and extreme shocks. Conditions that enable general resilience include diversity, modularity, openness, re…
Are We Consuming Too Much
This paper articulates and applies frameworks for examining whether consumption is excessive. We consider two criteria for the possible excessiveness (or insufficiency) of current consumption. One is an intertemporal utility-maximization criterion: actual current consumption is deemed excessive if it is higher than the level of current consumption on the consumption path that maximizes the present discounted value of utility. The other is a susta…
Preface to the handbook
The Value of Nature and the Nature of Value
Ecosystems are capital assets: When properly managed, they yield a flow of vital goods and services. Relative to other forms of capital, however, ecosystems are poorly understood, scarcely monitored, and--in many important cases--undergoing rapid degradation. The process of economic valuation could greatly improve stewardship. This potential is now being realized with innovative financial instruments and institutional arrangements.
Economic Growth, Carrying Capacity, and the Environment
National and international economic policy has usually ignored the environment. In areas where the environment is beginning to impinge on policy, as in the General Agreement on Tariffs and Trade (GATT) and the North American Free Trade Agreement (NAFTA), it remains a tangential concern, and the presumption is often made that economic growth and economic liberalization (including the liberalization of international trade) are, in some sense, good …
Economic growth, carrying capacity, and the environment
Nat iona l and international economic policy has usually ignored the environment. In areas where the environment is beginning to impinge on policy, as in the General Agreement on Tariffs and Trade (GATT) and the North American Free Trade Agreement (NAFTA), it remains a tangential concern, and the presumption is often made that economic growth and economic liberalization (including the liberalization of intemational trade) are, in some sense, good…
Advances in the Spatial Theory of Voting
This volume brings together eight original essays selected to provide an overview of the developments in the spatial theory of voting. The spatial theory of self-interest and explores the consequences of this assumption for elite behaviour and for the choices voters make in representative and direct democracies. The book summarizes work in eight major areas: elections with possible entry by new candidates who have policy preferences, experimental…
Discounting for Time and Risk in Energy Policy
Journal Article Discounting for Time and Risk in Energy Policy Get access Discounting for Time and Risk in Energy Policy. By ROBERT C. LIND, KENNETH ARROW, GORDON R. COREY et al. (Baltimore & London: The Johns Hopkins University Press, 1983. Pp. xv + 468. $45.50, £28.00.) Ray Rees Ray Rees University College, Cardiff Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 94, Issue 375, 1 September 19…
Les limites de l'organisation
De Bandt Jacques. Arrow (Kenneth) - Les limites de l'organisation.. In: Revue economique, volume 28, n°6, 1977. p. 1039
Comment I
Social Choice and Individual Values
Economic growth, carrying capacity, and the environment
Nat iona l and international economic policy has usually ignored the environment. In areas where the environment is beginning to impinge on policy, as in the General Agreement on Tariffs and Trade (GATT) and the North American Free Trade Agreement (NAFTA), it remains a tangential concern, and the presumption is often made that economic growth and economic liberalization (including the liberalization of intemational trade) are, in some sense, good…
Are We Consuming Too Much
This paper articulates and applies frameworks for examining whether consumption is excessive. We consider two criteria for the possible excessiveness (or insufficiency) of current consumption. One is an intertemporal utility-maximization criterion: actual current consumption is deemed excessive if it is higher than the level of current consumption on the consumption path that maximizes the present discounted value of utility. The other is a susta…
Les limites de l'organisation
De Bandt Jacques. Arrow (Kenneth) - Les limites de l'organisation.. In: Revue economique, volume 28, n°6, 1977. p. 1039
Comment I
Social Choice and Individual Values
Social Choice and Individual Values
Comment I
Les limites de l'organisation
De Bandt Jacques. Arrow (Kenneth) - Les limites de l'organisation.. In: Revue economique, volume 28, n°6, 1977. p. 1039
Discounting for Time and Risk in Energy Policy
Journal Article Discounting for Time and Risk in Energy Policy Get access Discounting for Time and Risk in Energy Policy. By ROBERT C. LIND, KENNETH ARROW, GORDON R. COREY et al. (Baltimore & London: The Johns Hopkins University Press, 1983. Pp. xv + 468. $45.50, £28.00.) Ray Rees Ray Rees University College, Cardiff Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 94, Issue 375, 1 September 19…
Advances in the Spatial Theory of Voting
This volume brings together eight original essays selected to provide an overview of the developments in the spatial theory of voting. The spatial theory of self-interest and explores the consequences of this assumption for elite behaviour and for the choices voters make in representative and direct democracies. The book summarizes work in eight major areas: elections with possible entry by new candidates who have policy preferences, experimental…
Economic Growth, Carrying Capacity, and the Environment
National and international economic policy has usually ignored the environment. In areas where the environment is beginning to impinge on policy, as in the General Agreement on Tariffs and Trade (GATT) and the North American Free Trade Agreement (NAFTA), it remains a tangential concern, and the presumption is often made that economic growth and economic liberalization (including the liberalization of international trade) are, in some sense, good …
Economic growth, carrying capacity, and the environment
Nat iona l and international economic policy has usually ignored the environment. In areas where the environment is beginning to impinge on policy, as in the General Agreement on Tariffs and Trade (GATT) and the North American Free Trade Agreement (NAFTA), it remains a tangential concern, and the presumption is often made that economic growth and economic liberalization (including the liberalization of intemational trade) are, in some sense, good…
The Value of Nature and the Nature of Value
Ecosystems are capital assets: When properly managed, they yield a flow of vital goods and services. Relative to other forms of capital, however, ecosystems are poorly understood, scarcely monitored, and--in many important cases--undergoing rapid degradation. The process of economic valuation could greatly improve stewardship. This potential is now being realized with innovative financial instruments and institutional arrangements.
Preface to the handbook
Are We Consuming Too Much
This paper articulates and applies frameworks for examining whether consumption is excessive. We consider two criteria for the possible excessiveness (or insufficiency) of current consumption. One is an intertemporal utility-maximization criterion: actual current consumption is deemed excessive if it is higher than the level of current consumption on the consumption path that maximizes the present discounted value of utility. The other is a susta…
General Resilience to Cope with Extreme Events
Resilience to specified kinds of disasters is an active area of research and practice. However, rare or unprecedented disturbances that are unusually intense or extensive require a more broad-spectrum type of resilience. General resilience is the capacity of social-ecological systems to adapt or transform in response to unfamiliar, unexpected and extreme shocks. Conditions that enable general resilience include diversity, modularity, openness, re…
Social Norms and Global Environmental Challenges
Government policies are needed when people's behaviors fail to deliver the public good. Those policies will be most effective if they can stimulate long-term changes in beliefs and norms, creating and reinforcing the behaviors needed to solidify and extend the public good.It is often the short-term acceptability of potential policies, rather than their longer-term efficacy, that determines their scope and deployment. The policy process should con…
Social-ecological systems as complex adaptive systems
Systems linking people and nature, known as social-ecological systems, are increasingly understood as complex adaptive systems. Essential features of these complex adaptive systems – such as nonlinear feedbacks, strategic interactions, individual and spatial heterogeneity, and varying time scales – pose substantial challenges for modeling. However, ignoring these characteristics can distort our picture of how these systems work, causing policies …
Creating a Learning Society
"In Creating a Learning Society, Joseph E. Stiglitz and Bruce C. Greenwald cast light on the significance of this insight for economic theory and policy. Taking as a starting point Kenneth J. Arrow's 1962 paper "Learning by Doing," they explain why the production of knowledge differs from that of other goods and why market economies alone typically do not produce and transmit knowledge efficiently. Closing knowledge gaps and helping laggards lear…
Moral Hazard in Health Insurance
Moral hazard - the tendency to change behaviour when the cost of that behaviour will be borne by others - is a particularly tricky question when considering health care. Kenneth J. Arrow's seminal 1963 paper on this topic (included in this volume) was one of the first to explore the implication of moral hazard for health care, and this book examines this issue in the context of contemporary American health care policy.
Meritocracy and Economic Inequality
Economics (9 works) · Computer Science (6 works) · Political science (6 works) · Biology (4 works) · Business (4 works) · Sustainable Development and Environmental Policy (4 works) · Ecology (3 works) · Environmental resource management (3 works) · Law (3 works) · Mathematics (3 works)