1st Edition

The Experiment in the History of Economics

Edited By Philippe Fontaine, Robert Leonard Copyright 2005
184 Pages 3 B/W Illustrations
by Routledge

176 Pages 3 B/W Illustrations
by Routledge

Throughout the history of economic ideas, it has often been asserted that experimentation is impossible, yet, in fact, history shows that the idea of ‘experimentation’ has always been important, and as such has been interpreted and put to use in many ways. Rich in historical detail, the essays in this topical volume deal with such issues as laboratory experimentation, the observed transition from... Read more

List of Contributors  Acknowledgements  Introduction  1. Experimental Economic Games  2. The Allais Paradox and its Immediate Consequences For Expected Utility Theory  3. Experimentation, General Equilibrium and Games  4. Thought - and Performed Experiments in Hayek and Morgenstern  5. Social Comptabilism and Pure Credit Systems  6. The Vanity of Rigour in Economics

Biography

Philippe Fontaine is co-editor with Albert Jolink of Historical Perspectives on Macroeconomics (Routledge, 1998)
Robert Leonard is an expert on the history of game theory and experimental economics. He is a Professor of Economics at the University of Quebec.