Hal Varian Quotes

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Google will make us more informed. The smartest person in the world could well be behind a plow in China or India. Providing universal access to information will allow such people to realize their full potential, providing benefits to the entire world.

Hal Varian

Schumpeter emphasizes a demand-side explanation for such clustering of innovation. One might also consider a complemen tary supply-side explanation: since innovators are, in many cases, working with the same components, it is not surprising to see simultaneous innovation, with several innovators coming up with essentially the same invention at almost the same time. There are many well-known examples, including the electric light, the airplane, the automobile, and the telephone.

Hal Varian

Arrow's Impossibility Theorem is quite surprising. It shows that three very plausible and desirable features of a social decision mechanism are inconsistent with democracy: there is no perfect way to make social decisions. There is no perfect way to aggregate individual preferences to make one social preference. If we want to find a way to aggregate individual preferences to form social preferences, we will have to give up one of the properties of a social decision mechanism described in Arrow's theorem.

Hal Varian

If a train stops at a train station, what do you think happens at a work station?

Hal Varian

Hal Varian

Hal Varian

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Born: March 18, 1947 (age 77)

Bio: Hal Ronald Varian is an economist specializing in microeconomics and information economics.

Known for:

Microeconomic Analysis (1978)
Workouts in Intermediate Microeconomics (1987)
Intermediate Microeconomics with Calculus (2014)

Hal Varian on Wikipedia

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