I think one of the things we learned from the physicists and also the theoretical biologists is the idea that when you're dealing with very complex systems you're going to get a large variety of behavior which can be interpreted as hill climbing, but hill climbing with a lot of modifications, hill climbing with big jumps occasionally.
Unsolved problems, that's one of the great signs of progress in my opinion. - Kenneth Arrow
Unsolved problems, that's one of the great signs of progress in my opinion.
- Kenneth Arrow
Usefulness depends on tractability. - Kenneth Arrow
Usefulness depends on tractability.
The MD is well aware that the forecasts are no good but he needs them for planning purposes. - Kenneth Arrow
The MD is well aware that the forecasts are no good but he needs them for planning purposes.
One way of looking at Impossibility Theorem is that we proposed some criteria for what a good system should be: what is it you want from a voting sys… - Kenneth Arrow
One way of looking at Impossibility Theorem is that we proposed some criteria for what a good system should be: what is it you want from a voting sys…
The world is changing. We're not really proceeding on a stationary basis. - Kenneth Arrow
The world is changing. We're not really proceeding on a stationary basis.
One thing I learned from meteorology is that being an actual science was no guarantee of exactness. - Kenneth Arrow
One thing I learned from meteorology is that being an actual science was no guarantee of exactness.
I think the idea that a society has to be responsible for all of its citizens, those who do well and those who do not, is really a precondition of a … - Kenneth Arrow
I think the idea that a society has to be responsible for all of its citizens, those who do well and those who do not, is really a precondition of a …
Knowledge is a free good. The biggest cost in its transmission is not in the production or distribution of knowledge, but in its assimilation. This i… - Kenneth Arrow
Knowledge is a free good. The biggest cost in its transmission is not in the production or distribution of knowledge, but in its assimilation. This i…
Vast ills have followed a belief in certainty. - Kenneth Arrow
Vast ills have followed a belief in certainty.
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