Armen Alchian

Armen A. Alchian
Armen A. Alchian
Born	April 12, 1914; Fresno, California, U.S.
Died	February 19, 2013 (aged 98); Los Angeles, California, U.S.
Education	Stanford University (BA, PhD)
Academic career
Institutions	University of California, Los Angeles (1946–84); RAND Corporation (1946–64);
Field	Microeconomics; Property rights; Law and economics
School or; tradition	New Institutional Economics; Chicago School; Neoclassical economics
Doctoral; students	William F. Sharpe, David R. Henderson, Steven N. S. Cheung, Jerry Jordan
Influences	Adam Smith, Ludwig von Mises, Friedrich Hayek
Awards	Distinguished Fellow of the American Economic Association (1996);

Armen Albert Alchian (/ˈɑːltʃiən/; April 12, 1914 – February 19, 2013) was an American economist. He spent almost his entire career at the University of California, Los Angeles (UCLA). A major microeconomic theorist, he is known as one of the founders of new institutional economics and widely acknowledged for his work on property rights.

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