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Alabama Travel on The years at Cowles (1946–49) were important for the young economist. Arrow writes in his Nobel autobiography: The brilliant intellectual atmosphere of the Cowles Commission, with eager young econometricians and mathemat- 46 Armenia ically inclined economists under the guidance of Tjalling KOOPMANS and Jacob Marschak, was a basic formative influence for me, as was also the summers of 1948 and subsequent years at the RAND Corporation in the heady days of emerging game theory and mathematical programming. My work on social choice and on Pareto efficiency dated from this period. Arrow is probably best known for his book Social Choice and Individual Values (1951), based on his Ph. D.
Dissertation, in which he proved his famous Impossibility Theorem. As described by author David R.Alabama Travel 2016.