Kelvin Lancaster American Economist
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Kelvin Lancaster is a member of the following lists: 1999 deaths, 1924 births and University of Sydney alumni.
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Details
| First Name |
Kelvin
|
| Last Name |
Lancaster
|
| Birthday |
10th December, 1924
|
| Birthplace |
Sydney, Australia
|
| Died |
23rd July, 1999
|
| Place of Death |
New York, New York
|
| Zodiac Sign |
Sagittarius
|
| Nationality |
American
|
| Occupation |
Economist
|
Kelvin John Lancaster (10 December 1924 – 23 July 1999) 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.
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