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Tag: impossibility theorem

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  • Kenneth Arrow

    Kenneth Arrow

    Not many, even among economists, may have been able to grasp the “impossibility theorem” of Kenneth Arrow, who passed away on Tuesday at the ripe age of 95. At 51, he was the youngest Nobel Laureate, having been conferred the award in 1972 in league with the British economist, Sir John Hicks. And the encomiums …

    February 25, 2017