- Kelvin Lancaster
Infobox_Scientist
name = Kelvin Lancaster
image_size = 60px
caption = Kelvin John Lancaster
birth_date = birth date|1924|12|10
birth_place =Sydney ,Australia
death_date =July 23 1999 , age Age at date|1924|12|10|1999|07|23
death_place = New York, New Yorkresidence =
nationality =
field =Economics
work_institution =Columbia University
occupation =Professor
alma_mater =University of London (PhD 1958)University of London External Programme (BSc 1953)University of Sydney (BA 1948)
doctoral_advisor =
doctoral_students =
known_for =Theory of the second best Lancasterian demand theory
prizes =
religion =
footnotes =
spouse =
parents =
children =Kelvin John Lancaster (
December 10 ,1924 -July 23 ,1999 ) was a mathematical economist andJohn Bates Clark professor of economics atColumbia University . He is best known for the development of theTheory of the Second Best withRichard Lipsey . Lancaster was also active in defining theHousehold production function , and in the application of thehedonic model to the estimation of the price of houses.External links
* [http://query.nytimes.com/gst/fullpage.html?res=9C01E0D81F3EF93BA15754C0A96F958260 Obituary] in the
New York Times .
* [http://www.slate.com/?id=33334 Talking About a Revolution] byPaul Krugman .
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