...Ivan Moscati The article studies the origin, content, and impact of two experiments to measure the utility of money, one by Frederick Mosteller and Philip Nogee in 1948–49 and one by Donald Davidson, Patrick Suppes, and Sidney Siegel in 1954. Both experiments relied on expected utility theory (EUT...

...Ivan Moscati Early Experiments in Consumer Demand Theory: 1930 –1970 Ivan Moscati During the second half of the last century, experimental economics gained momentum as a signifi cant fi eld of economic inquiry, and the Nobel Prize in economics awarded to Daniel Kahneman and Vernon L...

...Floris Heukelom To understand the relationship between experimental and behavioral economics, we need to go back to the late 1970s and early 1980s. In the 1970s, psychologists began conducting new kinds of experiments, the results of which seemed to falsify the assumption of rational individual...

... based on buyer and seller reservation values and their motivation to buy low and sell high; the classical sketch of price formation offers a quite fruitful foundation for a modern theory of price discovery, supplied below. Market experiments, based on private distributed reservation values and using...

...William R. Allen Copyright © 1977 by Duke University Press 1977 Economics, economists and economic poli~y: modern American experiences William R. Allen Economics has come of age in the 1960’s. . . . the Federal gov- ernment has an overarching responsibility...

...C. G. Uhr Copyright © 1977 by Duke University Press 1977 Economists and policymaking 19304936: Sweden’s experience C. G. Uhr I. Background and Setting It was during the Great Depression that Sweden’s most distinguished economists, Erik...

... and the radical critique of Judaism, 1978). Of course, Marx did not experience any such reconversion, though Professor Wolfson states that in his later years he displayed “increasing affinity toward the Judaic” and enjoyed the friendship of the circle of Jewish visitors he met during his con...

... . London: Routledge. Scott , R. H. 1990 . The Economics Society of Australia: Its History 1925–1985 . Melbourne: Economic Society of Australia. The Australian Experience Peter Groenewegen Introduction and Background Australia was settled in 1788 by British citizens, often...

... Reference Chandavarkar, Anand. 2000. Was Keynes Anti-Semitic? Economic and Political Weekly 35.19 (6–12 May): 1619–24. The Political Economy of British Historical Experience, 1688–1914. Edited by D. Winch and P. K. O’Brien. Oxford: Oxford University Press for the British Acad- emy, 2002. xii...

... in Britain: theory, experience, and debate, 1800-1845, By Law- rence H. White. Cambridge: Cambridge University Press, 1984. Pp. 171. $29.50. Despite an extensive debate about the theory of free banking, there have been few publications on what has been generally recognized as the historical...

... and psychologists at the LSL conducted game simulations structured by four separate laboratory problems. Economists went from using simulation to demonstrate the superiority of optimal policies derived from deductive economics to using the experiment as an inductive tool. One concern in this historical case study...

... States. An experiment by the psychologist Louis Leon Thurstone was then the starting point for some clarifications about the role of experimental economics for the new theory of the consumer. The aim of this article is to throw light on the ins and outs of this issue of the ordinalist revolution...

...Andrés Álvarez; Andrés M. Guiot-Isaac; Jimena Hurtado Lauchlin Currie and Albert O. Hirschman worked together as advisers to the National Planning Council in Colombia in the 1950s. Both had little experience in development economics when they arrived, and did not see eye to eye about...

...Marcel Boumans Abstract This article shows that Friedman's experiences with the research conducted at the Statistical Research Group (SRG) significantly shaped his 1953 methodology. These experiences gave him the ideas for a methodology for statistical analysis when dealing with “lousy data...

... primitive probabilities based on experience of statistical evidence, and primitive a priori probabilities based on a more general and less precise kind of experience, inherited by the human race through evolution. Given primitive probabilities, no other devices than the rules of calculus of probabilities...

... of development economics theories involved learning in the field and developing new analyses and concepts out of this experience, not just taking ideas from other fields and applying them in a different context. During the 1950s the discipline prospered but, by the 1960s, it faced a crisis, for it came...

...Daniela Parisi This essay focuses on Francesco Vito (1902–1968), one of the most important Italian economists and a contributor to an extensive, thorough debate in Catholic social thinking, a debate at times accompanied and followed by exacting and solid experience in the real world, in an effort...

...Donald E. Frey Richard T. Ely's economic methodology was heavily influenced by the scholarship of nineteenth-century liberal German Protestantism. It held that religious beliefs, even scripture, were not final truths but evolving expressions of historical experience. Thus historical and empirical...

... the multidimensionality of human experience, which assisted Knight in his investigation of ethics, economics, science, and liberal democracy. In the end, however, his association with the Unitarians ceased when he moved back to the University of Chicago in 1928. Copyright 2008 by Duke University Press 2008 Ames...

...-ranging intellect and a determination to relate the economic history of his motherland to the contemporary problems of developing nations. His most famous essay, “Economic Backwardness in Historical Perspective,” was an important attempt to draw lessons from the Russian economic experience and apply them...