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Armen Alchian

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description Armen Alchian Overview

Armen Alchian (1914–2013) was an American economist who spent his career at the University of California, Los Angeles. He made contributions to property rights theory, the economics of information, and evolutionary approaches to economic behavior. Alongside Harold Demsetz, he helped define the UCLA school of economics, applying market principles to issues of property and organizational behavior. His textbooks and journal articles have influenced generations of microeconomists and legal scholars.

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What university was Armen Alchian associated with?

Armen Alchian spent his entire academic career as an economist at the University of California, Los Angeles (UCLA). He lived from 1914 to 2013 and was a highly influential figure in the UCLA economics department. He is famous for his contributions to property rights theory.

What economic theories did Armen Alchian contribute to?

Armen Alchian made major contributions to property rights theory, the economics of information, and evolutionary approaches to economic behavior. He developed these theories during his long tenure at the University of California, Los Angeles. He also collaborated with Harold Demsetz.

Who did Armen Alchian work with at UCLA?

Alongside his colleague Harold Demsetz, Armen Alchian helped lead the UCLA economics department and develop foundational property rights theories. Alchian spent his entire career at the University of California, Los Angeles. Their joint work was highly influential in institutional economics.

When did Armen Alchian live?

Armen Alchian was an American economist who lived from 1914 to 2013. He spent his long career at the University of California, Los Angeles. During this time, he made significant contributions to property rights and information economics.

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