Armen Alchian photograph

Armen Alchian

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Gender Male
Death11 years ago
Date of birth April 12,1914
Zodiac sign Aries
Born Fresno
California
United States
Date of died February 19,2013
DiedLos Angeles
California
United States
School or traditionNew institutional economics
Influenced Harold Demsetz
Steven N. S. Cheung
Thomas Sowell
Kevin M. Murphy
Walter E. Williams
Job Economist
BooksUniversal Economics
The Collected Works of Armen A. Alchian
Economic forces at work
Exchange and Production: Competition, Coordination, and Control
Property rights and economic behavior
Choice and cost under certainty
The Economics of Charity: Essays on the Comparative Economics and Ethics of Giving and Selling, with Applications to Blood
University Economics: Elements of Inquiry
InterestsEconomics
Doctor student William F. Sharpe
School or traditNew Institutional Economics; Chicago School; Neoclassical economics
Notable student Steven N. S. Cheung
William F. Sharpe
Influence Adam Smith
Friedrich Hayek
Ludwig von Mises
Awards American Economic Association
Date of Reg.
Date of Upd.
ID441976
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Armen Alchian Life story


Armen Albert Alchian was an American economist. He spent almost his entire career at the University of California, Los Angeles. A major microeconomic theorist, he is known as one of the founders of new institutional economics and widely acknowledged for his work on property rights.

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