Showing papers by "Kenneth J. Arrow published in 2008"
Stanford University1, University of South Florida2, American Enterprise Institute3, George Mason University4, California Institute of Technology5, University of Chicago6, Ewing Marion Kauffman Foundation7, University of Iowa8, Northwestern University9, University of Maryland, College Park10, Yale University11, Chapman University12, University of California, Berkeley13, University of Pennsylvania14, Dartmouth College15
TL;DR: The ability of groups of people to make predictions is a potent research tool that should be freed of unnecessary government restrictions.
Abstract: The ability of groups of people to make predictions is a potent research tool that should be freed of unnecessary government restrictions.
351 citations
TL;DR: A group of economists and scientists met at Stanford University on October 18, 2008 to discuss the role of research and development in developing effective policies for addressing the adverse potential consequences of climate change as mentioned in this paper.
Abstract: A group of economists and scientists met at Stanford University on October 18, 2008 to discuss the role of research and development in developing effective policies for addressing the adverse potential consequences of climate change. We believe that climate change is a serious issue that governments need to address. We also believe that it is vitally important that research and development be made a central part of governments' strategies for responding to this challenge.
32 citations
TL;DR: The role of optimization is central to economic analysis, particularly in its ''neoclassical'' phase, since about 1870, and is therefore highly compatible with the impulse behind linear programming, as developed by Dantzig, in which LP still plays a large part in the study of individual sectors, particularly energy.
11 citations
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TL;DR: In this article, the authors study an economy in which the rate of change of population depends on population policy decisions and derive the expression of genuine savings in their model to evaluate the sustainability of the system.
Abstract: We study an economy in which the rate of change of population depends on population policy decisions. This requires population as well as capital as state variables.
By showing the algebraic relationship between the shadow price of the population and the shadow price of the per capita capital stock, we are still able to depict the optimal path and its convergence to the long-run equilibrium on a two-dimensional phase diagram. Moreover, we derive explicitly the expression of genuine savings in our model to evaluate the sustainability of the system.
3 citations
TL;DR: The Historical Origins of Open Science: An Essay on Patronage, Reputation and Common Agency Contracting in the Scientific Revolution by Paul A. David can be found at: http://ssrn.com/abstract=2209188.
Abstract: This paper is a comment on The Historical Origins of 'Open Science': An Essay on Patronage, Reputation and Common Agency Contracting in the Scientific Revolution by Paul A. David which can be found at: http://ssrn.com/abstract=2209188.
2 citations