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Kelvin Lancaster
Australian-American economist · United States · On the map · Academics · Lived 1924 to 1999 · aged 74
Kelvin John Lancaster was an Australian mathematical economist and John Bates Clark professor of economics at Columbia University. He is best known for the development of the Theory of the Second Best with Richard Lipsey.
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A typical day, 30 days to 20 June 2026
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About this person
Lancaster was also active in developing the calculus of qualitative economics, formulating the household production function, and applying the hedonic model to the estimation of housing prices.
Country
United States
Category
Academics
Type
Academic
Status
Deceased
Dates
Lived 1924 to 1999 · aged 74
