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==Awards and honors== Arrow was awarded the [[John Bates Clark Medal]] in 1957<ref>{{cite web|title=John Bates Clark Medal|url=https://www.aeaweb.org/about-aea/honors-awards/bates-clark|publisher=American Economic Association|access-date=25 February 2017}}</ref> and was elected a Fellow of the [[American Academy of Arts and Sciences]] in 1959.<ref name=AAAS>{{cite web|title=Kenneth Joseph Arrow |url=https://www.amacad.org/person/kenneth-joseph-arrow |publisher=American Academy of Arts and Sciences|access-date=25 April 2011}}</ref> In 1968, he was elected to both the United States [[National Academy of Sciences]]<ref>{{Cite web |title=Kenneth J. Arrow |url=http://www.nasonline.org/member-directory/deceased-members/58161.html |access-date=2022-09-16 |website=National Academy of Sciences}}</ref> and the [[American Philosophical Society]].<ref>{{Cite web |title=Dr. Kenneth J. Arrow |url=https://search.amphilsoc.org/memhist/search?creator=Kenneth+Arrow&title=&subject=&subdiv=&mem=&year=&year-max=&dead=&keyword=&smode=advanced |access-date=2022-09-16 |website=American Philosophical Society Member History}}</ref> He was the joint winner of the Nobel Memorial Prize in Economics with John Hicks in 1972 and the 1986 recipient of the [[von Neumann Theory Prize]].<ref name=nobel/> He was one of the recipients of the 2004 [[National Medal of Science]], the nation's highest scientific honor, presented by President George W. Bush for his contributions to research on the problem of making decisions using imperfect information and his research on bearing risk.<ref name="Velupillai"/><ref name="Bush">{{cite web |title=The President's National Medal of Science: Recipient Details |url=https://www.nsf.gov/od/nms/recip_details.jsp?recip_id=5100000000424 |website=National Science Foundation |access-date=28 March 2023}}</ref> He has received [[Honorary degree|honorary doctorates]] from the University of Chicago (1967), the [[University of Vienna]] (1971) the [[City University of New York]] (1972).<ref name=nobel/> On 2 June 1995 he received an honorary doctorate from the Faculty of Social Sciences at [[Uppsala University]], Sweden.<ref>{{cite web |last1=|first1=|title=Honorary Doctors of the Faculty of Social Sciences - Uppsala University, Sweden |url=http://www.uu.se/en/about-uu/traditions/prizes/honorary-doctorates/social-sciences/ |website=Uppsala University |access-date=27 March 2023 |language=en}}</ref> He was elected a [[List of Fellows of the Royal Society elected in 2006|Foreign Member of the Royal Society (ForMemRS)]] in 2006.<ref name="frs">{{cite web |title=Central Secretariat and Library and Information Services List of Fellows of the Royal Society 1660 - 201 |url=https://royalsociety.org/-/media/Royal_Society_Content/about-us/fellowship/Fellows1660-2019.pdf |website=The Royal Society |access-date=28 March 2023|date=February 2020}}</ref> He was elected to the 2002 class of Fellows of the [[Institute for Operations Research and the Management Sciences]].<ref>{{cite web |title=INFORMS Fellows: Class of 2002 |url=https://www.informs.org/Recognizing-Excellence/Fellows/INFORMS-Fellows-Class-of-2002 |website=INFORMS |access-date=27 March 2023}}</ref> In 2007 he was the first Witten Lecturer at the [[Witten/Herdecke University]] as the awardee of the Witten Lectures in Economics and Philosophy.<ref>{{Cite web |date=2007 |title=Witten Lectures in Economics and Philosophy |url=http://wittenlectures.org/Home.html |access-date=2024-08-19 |website=wittenlectures.org}}</ref>
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