Al men アルキアン

Al men アルキアン (Armen Albert Alchian, from April 12, 1914 to February 19, 2013) is an economist of the United States of America, professor emeritus at University of California, Los Angeles. I studied an industrial organization theory.

Table of contents

Career

I am born in the Armenian American house of California Fresno and acquire a doctorate in Stanford University.

Achievements

It was said, "the company which did not maximize a profit is screened" and put an end to a profit maximization debate in a famous article of 1950. In addition, I took information and analysis about the uncertainty in a price theory. His proprietary rights and analysis about the business expense became the ground of the new institutionalist, and it was succeeded later by heart and a study of Oliver Williamson. I propose a theorem of アルキアン Allen and am called the greatest price theorist in the late 20th century. Winning 2008 Thompson Reuters quotation honor prize.

Book

• Pricing and Society (Institute of Economic Affairs, 1967).
• Economic Forces at Work, (Liberty Press, 1977).
• The Collected Works of Armen A. Alchian vol. 1 Choice and Cost under Uncertainty, (Liberty Fund, 2006).
• The Collected Works of Armen A. Alchian vol. 2 Property Rights and Economic Behavior, (Liberty Fund, 2006).

Joint work

• The Allocation of Economic Resources: Essays in Honor of Bernard Francis Halev, with Moses Abramovitz, Kenneth J. Arrow and George W. Hilton, (Stanford University Press, 1959).
• University Economics, with William R. Allen, (Wadsworth Pub. Co.1964, 2nd ed., 1967, 3rd ed., 1972).
• Exchange and Production: Theory in Use, with William R. Allen, (Wadsworth Pub. Co, 1969).
• Exchange & Production: Competition, Coordination & Control, with William R. Allen, (Wadsworth Pub. Co.2nd ed., 1977, 3rd ed., 1983).

Allied item

• Chicago school
• Industrial organization theory

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