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Why was Kenneth Arrow awarded Noble Prize Economics in 1972?

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Why was Kenneth Arrow awarded Noble Prize Economics in1972?Name: Kenneth Arrow.
Real Name: Kenneth Joseph Arrow.
Country: United States.
Date of Birth: 23 August 1921.
Died: 21 February 2017.
Education: City College of New York (BS), Columbia University (MS, PhD).
Subjects Of Study: General equilibrium theory impossibility theorem.
Profession: Economist, Mathematician, Writer, and Political Theories.
Known as: Major contribution to the general equilibrium theory.
Noble Prize Year: Nobel Prize for Peace in 1972, for their pioneering contributions to general economic equilibrium theory and welfare theory.
Fields: Microeconomics General equilibrium theory Social choice theory.

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