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Armen Alchian

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Journal Article
History of Political Economy (2015) 47 (3): 449–479.
Published: 01 September 2015
... by cumulative investment. We finally study the different strategies for modeling learning developed in the 1950s and 1960s, showing the influence of RAND's and Armen Alchian's contributions on Arrow's use of a log-linear equation of learning and its introduction into an economic growth model. Correspondence...
Journal Article
History of Political Economy (2020) 52 (S1): 168–190.
Published: 01 December 2020
... acquainted with a technology, its price would eventually come down, making advanced technologies more attractive as longer-term investments. The principal instigator of work on this problem at RAND was the economist Armen Alchian (Arrow 2001). Alchian received his doctorate from Stanford in 1943 and worked...
Journal Article
History of Political Economy (2009) 41 (1): 163–181.
Published: 01 March 2009
... in the transcription of Alchian's interview. All remaining errors are mine. Copyright 2009 by Duke University Press 2009 Alchian, Armen A. 1949 . Reliability of Progress Curves in Airframe Production . Santa Monica: RAND Corporation (RM-206-1, revised 3 February 1950). ———. 1950 . Uncertainty...
Journal Article
History of Political Economy (2003) 35 (2): 350–353.
Published: 01 June 2003
... similar to Hodgson’s,in still greater detail, but usefully applies his discussion to the use and misuse of “natural selection” (intro- duced by Armen Alchian) in the mid-twentieth-century marginalist debate. Knudsen flags,but does not develop,this volume’s Dog that Doesn’t Bark: how twentieth- century...
Journal Article
History of Political Economy (2014) 46 (suppl_1): 295–314.
Published: 01 December 2014
... .” Paper presented at the International Input-Output Association and Pan-Pacific Association of Input-Output Studies, Intermediate Input-Output Conference , Sendai, Japan , July 26-28 . Alchian Armen A. 1950 . “ Uncertainty, Evolution, and Economic Theory .” Journal of Political Economy 58...
Journal Article
History of Political Economy (2011) 43 (4): 625–648.
Published: 01 November 2011
... reviewers for their comments on earlier versions of this essay. The usual disclaimer applies. Copyright 2011 by Duke University Press 2011 References Alchian Armen A. Demsetz Harold . 1973 . The Property Right Paradigm . Journal of Economic History 33.1 : 16 – 27 . Amadae...
Journal Article
History of Political Economy (1991) 23 (S1): 261–283.
Published: 01 December 1991
... and optimistic about what economists in this area might achieve. Williams's first recruit was Armen Alchian, formerly Wallis's student at Stanford and now assistant professor of economics at nearby UCLA. Alchian began as a part-time consultant, talking "with some difficulty" to the mathematicians and physicists...
Journal Article
History of Political Economy (1984) 16 (2): 233–253.
Published: 01 June 1984
... of such transactions.7’g More recently, Armen Alchian and Harold Demsetz, in an effort to build on the work of Coase and “move the theory [of economic organization] forward,” have suggested a somewhat different explanation for the firm, but one not altogether inconsistent with Coase’s. Their purpose, like...
Journal Article
History of Political Economy (1988) 20 (3): 431–445.
Published: 01 September 1988
...Richard W. Ault; Robert B. Ekelund, Jr. Correspondence may be addressed to the authors, Dept. of Economics, Auburn University, Auburn AL 36849–3501 © 1988 by Duke University Press 1988 References Alchian , Armen , and Harold Demsetz. 1972 . ‘Production, information costs...
Journal Article
History of Political Economy (2007) 39 (1): 1–46.
Published: 01 March 2007
... A. 1970 . The Market for “Lemons”: Quality Uncertainty and the Market Mechanism. Quarterly Journal of Economics 84.3 : 488 -500. Alchian, Armen A., and William R. Allen. 1964 . University Economics . Belmont, Calif.: Wadsworth. Amadae, Sonja M. 2003 . Rationalizing Capitalist Democracy...
Journal Article
History of Political Economy (1998) 30 (Supplement): 202–224.
Published: 01 December 1998
...Steven G. Medema Copyright © 1998 by Duke University Press 1998 References Adams , Henry C. [1887/1897] 1954 . Relation of the State to Industrial Action and Economics and Jurisprudence . Edited by Joseph Dorfman. New York: Viking. Alchian , Armen, A. 1961 . Some...
Journal Article
History of Political Economy (2010) 42 (Suppl_1): 343–351.
Published: 01 December 2010
... convened a confer- ence, in September 1947, to work out what contribution the “human sci- ences” could make to its work, it brought in economists (Armen Alchian, Charles Hitch, Edward Shaw, Jacob Viner, and Allen Wallis) as well representatives of psychology, sociology, political science, and anthro...
Journal Article
History of Political Economy (2018) 50 (3): 511–548.
Published: 01 September 2018
..., to a really pessimistic view—a constitution is absolutely necessary to control and even coerce behaviors. Behind these claims stands Buchanan's conception of what is a “good society” and of the role of the economist in its defense. References Alchian Armen A. 1968 . “ The Economic and Social...
Journal Article
History of Political Economy (2012) 44 (1): 1–40.
Published: 01 March 2012
... rela- tions in the 1960s.53 Among nonspecialists were the economists Armen Alchian (for the American Statistical Association Journal) and Melvin Reder (for the AER) and the sociologist Karl Schuessler. Social scientists praised Becker’s modeling. It was considered the most original aspect...
Journal Article
History of Political Economy (2023) 55 (3): 523–547.
Published: 01 June 2023
..., but mainstream economists have tried to show that economic forces encourage managers to engage in rational, profit-maximizing behavior for companies. Oliver Williamson and Armen Alchian were recognized as leading economists in this field, and their contributions exemplify the mainstream approach, from...
FIGURES
Journal Article
History of Political Economy (2018) 50 (1): 119–154.
Published: 01 March 2018
... William . 1978 . The Productivity Dilemma: Roadblock to Innovation in the Automobile Industry . Baltimore : The Johns Hopkins University Press . Alchian Armen . 1950 . “ Uncertainty, Evolution and Economic Theory .” Journal of Political Economy 58 ( 3 ): 211 – 21 . Arrow...
Journal Article
History of Political Economy (2012) 44 (2): 195–233.
Published: 01 June 2012
... Literature (Becker to Fontaine, 14 April 2001). Contingency aside, Becker, like many of his peers, was not indifferent to biology if only because his tool box contained the “survival argument,” which Armen Alchian had developed in his famous “Uncertainty, Evolution, and Eco- nomic Theory” (1950...
Journal Article
History of Political Economy (2000) 32 (Suppl_1): 117–144.
Published: 01 December 2000
...Thomas C. Leonard Correspondence may be addressed to Professor Thomas C. Leonard, Department of Economics, Fisher Hall, Princeton University, Princeton, NJ 08544; e-mail: tleonard@princeton.edu . Duke University Press 2000 Alchian, Armen. 1950 . Uncertainty, Evolution, and Economic...
Journal Article
History of Political Economy (1986) 18 (4): 601–616.
Published: 01 November 1986
...,’ Journal of Economic Lirerarure 18 (March 1980): 97-105. 42. With apologies to Armen Alchian. See his ‘Why money?’ Journal of Money, Credit and Banking 9 (Feb. 1977): 133-40. 43. Currency is the paradigmatic money in these accounts, and treasury bills the para- digmatic interest-bearing...
Journal Article
History of Political Economy (2019) 51 (3): 579–599.
Published: 01 June 2019
... ”. Journal of Post Keynesian Economics 23 ( 2 ): 267 – 97 . Phelps Edmund S. Alchian Armen A. Holt Charles C. Mortensen Dale T. Archibald G. C. Lucas Robert E. Jr. Rapping Leonard A. Winter Sidney G. Jr. Gould John P. Gordon Donald F. Hynes Allan...