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Journal Article
History of Political Economy (2000) 32 (Suppl_1): 289–324.
Published: 01 December 2000
...Steven G. Medema Correspondence may be addressed to Steven G. Medema, Department of Economics,Campus Box 181, University of Colorado at Denver, P. O. Box 173364, Denver, CO 80217-3364. Duke University Press 2000 Arrow, Kenneth J. 1951 . Social Choice and Individual Values . New...
Journal Article
History of Political Economy (2005) 37 (4): 763–765.
Published: 01 November 2005
... here for the modern experience of economics as well. Philip Mirowski, University of Notre Dame Rationalizing Capitalist Democracy: The Cold War Origins of Rational Choice Liberalism. By S. M. Amadae. Chicago: University of Chicago Press, 2003. xii; 401...
Journal Article
History of Political Economy (1986) 18 (3): 485–495.
Published: 01 September 1986
...., and the theory of optimal input choice Christopher Ross Bell I. Introduction On the fourth of July 1828 the first rail of America’s first railroad was laid; eleven years later, Charles Ellet, Jr. (1810-1862), a distinguished Philadelphia engineer, began a series...
Journal Article
History of Political Economy (1991) 23 (3): 552–555.
Published: 01 September 1991
... Smith and Modern Economics: From Market Behaviour to Public Choice. By Edwin G. West. Brookfield, Ver.: Edward Elgar, 1990. vii, 212 pp. $47.95. Although not likely to suit everyone’s appetite, this very readable volume is a hermeneutic feast. An exercise in selective celebration...
Journal Article
History of Political Economy (2001) 33 (1): 21–49.
Published: 01 March 2001
... doctrines économiques depuis les Physiocretes jusqu'à nos jours . Paris: Larose & Tenin. Gross, M., and V. Tarascio. 1998 . Pareto's Theory of Choice. History of Political Economy 30 : 171 -87. Guala, F. 1998 . Pareto on Idealization and the Method of Analysis-Synthesis. Social Science...
Journal Article
History of Political Economy (2001) 33 (4): 743–772.
Published: 01 November 2001
... . Turin: UTET. Baccini, A. 1995 . Edgeworth sui fondamenti della probabilità e delle decisioni in condizioni di incertezza. Ph.D. diss. , University of Florence. ____. 1997 . Edgeworth on the Fundamentals of Choice under Uncertainty. History of Economic Ideas 2 : 7 -31. ____. 2001...
Journal Article
History of Political Economy (1977) 9 (2): 256–272.
Published: 01 June 1977
...Laurence S. Moss Copyright © 1977 by Duke University Press 1977 Some public-choice aspects of Hobbes’s political thought Laurence S. Moss Thomas Hobbes argued that without an all-powerful authority the unintended consequences of competitive...
Journal Article
History of Political Economy (1982) 14 (1): 1–36.
Published: 01 March 1982
... Rational choice and morality: economics and classical philosophy DUv id Le v y I. Introduction Although a study of pre-Smithian economics is often regarded as deco- rative at best, it illuminates very well the metatheoretical framework of modern economic theory, i.e...
Journal Article
History of Political Economy (2005) 37 (Suppl_1): 314–332.
Published: 01 December 2005
... . The Cameralists: A Public Choice Perspective. Public Choice 53 : 3 -20. Becker, Gary. 1983 . A Theory of Competition among Pressure Groups for Political Influence. Quarterly Journal of Economics 98 : 371 -400. Benham, Fredric. 1934 . Review of Principii di economia finanziaria, by Antonio de Viti...
Journal Article
History of Political Economy (2008) 40 (4): 613–632.
Published: 01 November 2008
...Marco Dardi This article argues that Marshall's theory of market choice was originally elaborated within the classic framework of the use value/exchangeable value dichotomy, with reference to a version of utilitarianism that did not assume measurable utility. The key concepts were those of marginal...
Journal Article
History of Political Economy (2011) 43 (1): 225–246.
Published: 01 March 2011
...Steven G. Medema Public choice is one of the few examples of a “creative community” emerging from within the professional academic structures of economics in the postwar period. This article examines the early development of the public choice movement at the University of Virginia and how...
Journal Article
History of Political Economy (2018) 50 (1): 1–48.
Published: 01 March 2018
...Catherine Herfeld This article traces a normative turn between the middle of the 1940s and the early 1950s reflected in the reformulation, interpretation, and use of rational choice theories at the Cowles Commission for Research in Economics. This turn is paralleled by a transition from Jacob...
Journal Article
History of Political Economy (2016) 48 (suppl_1): 316–331.
Published: 01 December 2016
...John Staddon Choice behavior is studied differently in humans and in animals, and different theories have arisen to explain the results. I suggest that an approach derived from animal studies is also appropriate for human choice. Daniel Kahneman and Amos Tversky's prospect theory , a popular two...
Journal Article
History of Political Economy (1989) 21 (4): 641–659.
Published: 01 November 1989
... choice, with a reply by Stigler Gary M.Anderson I. Introduction The paradox [of the Wealth of Nations] is simply this. If self-interest dominates the majority of men in all commercial undertakings, why not also in all their political undertakings? Why...
Journal Article
History of Political Economy (1989) 21 (4): 659–660.
Published: 01 November 1989
... CHOICE: A REPLY TO ANDERSON George J. Stigler In my essay on Adam Smith’s treatment of political questions (Stigler 1982) I argued that he did not consistently apply economic logic (rational behavior) to the political scene. The Wealth of Nations has many recogni...
Journal Article
History of Political Economy (1998) 30 (2): 171–187.
Published: 01 June 1998
.... 1985 . Animal Choices over Uncertain Outcomes: Some Initial Experimental Results. American Economic Review 75 . 4 ( September ): 597 -613. Blaug , Mark , ed. 1992 . Vilfredo Pareto (1848–1923) . Brookfield, Vt.: Edward Elgar. Caldwell , Bruce . 1982 . Beyond Positivism: Economic...
Journal Article
History of Political Economy (2020) 52 (S1): 270–293.
Published: 01 December 2020
... of mechanical or biological systems to the abstract theory of choice and rationality, and demonstrates how the group was related to—and communicated with—the scholars doing work in social choice, mechanism design, and formal political theory. It also speculates on one missed research opportunity of doing...
Journal Article
History of Political Economy (2021) 53 (2): 367–369.
Published: 01 April 2021
...Ivan Moscati Risk, Choice, and Uncertainty: Three Centuries of Economic Decision-Making . By Szpiro George . New York : Columbia University Press , 2020 . xii; 250 pp. $32.00 . Copyright 2021 by Duke University Press 2021 Book Reviews 367 Risk, Choice, and Uncertainty: Three...
Journal Article
History of Political Economy (2023) 55 (3): 549–576.
Published: 01 June 2023
...Alexandra Quack; Catherine Herfeld Abstract One striking observation in the history of rational choice models is that those models have not only been used in economics but been spread widely across the social and behavioral sciences. How do such model transfers proceed? By closely studying...
FIGURES
Journal Article
History of Political Economy (2024) 56 (1): 176–180.
Published: 01 February 2024
... relationship between a benefactor and a recipient than paying a fine for breaking a law means buying out the right to break the law (see Sandel 2012 : 65–70 on “fines” and “fees”). Then, one has to ask whether Jensens's thesis holds. Did the economists who appear in The Marketizers , the public choice...