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Journal Article
History of Political Economy (1996) 28 (Supplement): 225–244.
Published: 01 December 1996
.... Various years. World Development Report. [WDR.] New York: Oxford University Press. The World Bank as an International
Player in Economic Analysis
Barend A. de Vries
This paper first gives an overview of the World Bank’s history with
emphasis on the development of its analytical...
Journal Article
Flawed Players in a Complex Game: Popular Audiovisual Explanations of Economics in the United States
History of Political Economy (2023) 55 (S1): 203–225.
Published: 01 December 2023
... audience. The videos infantilize the viewers as bad players who—if they are attentive to professional advice and their own flaws—might learn how to individually win the financial game. Further, they ignore the viewers' capacity and right as citizens in democratic polities to reshape the relationship...
FIGURES
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Journal Article
History of Political Economy (2013) 45 (3): 443–474.
Published: 01 September 2013
...Franck Jovanovic; Christophe Schinckus Financial economics and mathematical finance are the two traditional scientific disciplines that constitute modern financial theory. Although they still largely dominate modern financial theory, in the past few years a new “player” has increasingly been making...
Journal Article
History of Political Economy (2018) 50 (S1): 211–230.
Published: 01 December 2018
...Moshe Syrquin The post–World War II period saw the reemergence of growth and development as key fields of inquiry. Initially, both growth and development studies emphasized grand theories with little or no empirical basis. This article focuses on the contribution of two central players...
Journal Article
History of Political Economy (2021) 53 (5): 857–892.
Published: 01 October 2021
... to documenting the early life of Rosenstein-Rodan, this article discusses two critical junctures in the history of development economics, namely, the birth of the discipline in the late 1940s and its decline approximately a quarter century later. Rosenstein-Rodan was a fundamental player in both instances...
Journal Article
History of Political Economy (1992) 24 (Supplement): 165–175.
Published: 01 December 1992
.... As an example, consider the
2 X 2 game with the following payoff matrix:
Player 2
CI c2
Player 1 (Game 1)
Player 1 has a choice of row r-1 or r2 and player 2 has the choice of column
c1 or c2. The payoff, for example...
Journal Article
History of Political Economy (2008) 40 (1): 111–132.
Published: 01 March 2008
... Information Played by “Bayesian” Players. Parts 1 to 3. Management Science 14.3 : 159 -82, 14.4:320–34, 14.7:486–502. Hicks, J. R. 1932 . The Theory of Wages . London: Macmillan and Co. Janssen, M. 2001 . Rationalizing Focal Points. Theory and Decision 50 : 119 -48. Kreps, D. 1990 . Game...
Journal Article
History of Political Economy (2004) 36 (4): 639–666.
Published: 01 November 2004
...
a one-page paper by a twenty-one-year-old Ph.D. student in the Prince-
ton mathematics department. The paper contained a new solution con-
cept for noncooperative games with n players and no zero-sum con-
straint, called the equilibrium point. The concept was later dubbed Nash
equilibrium after...
Journal Article
History of Political Economy (1992) 24 (Supplement): 15–27.
Published: 01 December 1992
...] 1953 . Sur les jeux où interviennent l'hasard et l'habilité des joueurs. In Théorie des probabilités . Paris: Librairie Scientifique, J. Hermann. Translated by L. J. Savage as On Games that Involve Chance and the Skill of Players. Econometrica 21 (January): 101 -15. Borel , É. [1927...
Journal Article
History of Political Economy (1993) 25 (2): 209–240.
Published: 01 June 1993
...
ways of breaching any tentative cooperative solution, to one player’s
own advantage. This is especially to be expected in institutions such as
competitive markets, where the whole point is to create and exploit
differential advantages. This was clearly seen by Mandeville, though
his insight...
Journal Article
History of Political Economy (1975) 7 (4): 549–565.
Published: 01 November 1975
.... Theory of Games and Statistical Decisions . New York, 1954 . Borel , E. Elements of the Theory of Probability . Translated by J. E. Freund. Englewood Cliffs, N.J., 1965 . Borel , E. “On Games that Involve Chance and the Skill of the Players,” trans. L. J. Savage. Econometrica 21...
Journal Article
History of Political Economy (2003) 35 (Suppl_1): 309–337.
Published: 01 December 2003
... as such but only of degrees of
probability (Arnauld and Nicole [1662] 1981,353): “Il ne faut pas seulement considerer le bien
& le mal en soi,mais aussi la probabilité qu’il arrive ou n’arrive pas.” In a game where each of
ten players puts in a coin and the winner takes all,“il est aussi neuf fois plus probable...
Journal Article
History of Political Economy (2022) 54 (5): 823–858.
Published: 01 October 2022
...) that amalgamated at once the tensions and the possible resolutions involved in human contests in which specific rules known to the players were followed. Provided these rules were respected, games promoted the formation of social groupings and contributed thereby to create social order. In short, games created...
FIGURES
Journal Article
History of Political Economy (1992) 24 (Supplement): 29–76.
Published: 01 December 1992
..., Hermann. Translated by L. J. Savage as On Games that Involve Chance and the Skill of Players. Econometrica 21 (January): 101 -15. Borel , Émile . 1926 . Un théorème sur les systèmes de formes linéaires à déterminant symétrique gauche. Comptes Rendus de l'Académie des Sciences 183 . 21...
Journal Article
History of Political Economy (2021) 53 (5): 925–947.
Published: 01 October 2021
..., Hotelling was an enthusiastic board game player, particularly of Monopoly. In its original version, Monopoly was known as the Landlord s Game and was created by a Georgist activist, Elizabeth Magie, precisely for the purpose of comparing the Georgist model with the capitalist one. The game was used, during...
Journal Article
History of Political Economy (2008) 40 (5): 1–20.
Published: 01 December 2008
... explained by util-
ity maximization.
Consider, for example, the case of the dictator game or the ultimatum
game. In the latter, two players are given a pot of money (or other reward)
to divide. Player 1 proposes a division; Player 2 can accept it or veto it, in
which case neither gets anything...
Journal Article
History of Political Economy (2006) 38 (Suppl_1): 305–321.
Published: 01 December 2006
... similar to that present
in the winner’s curse in uninformed bargaining and common value auc-
tions (Camerer 2003). In such an auction, the goods being sold have a
similar value for all bidders, but players are uncertain of this value when
they bid. Each player independently estimates the value...
Journal Article
History of Political Economy (1992) 24 (Supplement): 207–223.
Published: 01 December 1992
... to be on the winning side. This was in sharp con-
trast to the Shapley-Shubik index which was based on an individualistic
solution to n-person games, namely the chance, over all permutations
of n players, for the indexed player to occupy the marginal position be-
tween the winning and losing sides...
Journal Article
History of Political Economy (2021) 53 (2): 243–278.
Published: 01 April 2021
... with three players. 2. It may be recalled that zero-sum games represent two thirds of the book and non-zero- sum games are treated by using the fictitious player device (Schmidt 1995). 3. The book s examples, which may be of interest to economists, are bilateral monopoly as well as the game with a seller...
Journal Article
History of Political Economy (2000) 32 (Suppl_1): 199–226.
Published: 01 December 2000
... theory, in the sense of importing
the techniques of game theory into fields within economics, politics, and
other social sciences.
The participants in this literature viewed game theory as such, or pure
game theory, as the analysis of hypothetical, abstract situations in which
players could choose...
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