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Kelvin Lancaster

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Australian-American economist

United StatesAcademicsLived 1924 to 1999 · aged 74
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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.

Also inDeutsch

Awards 2

1972Fellow of the Econometric Society
Distinguished Fellow of the American Economic Association

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About this person

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. 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
Written about in
6 languages

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