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surrounding the use of mathematics in economics. The role of language, tools and appropriateness of methods is discussed within … the discussion on the necessity of mathematics in economics and concentrates more on the degree in which this abstract … science should infiltrate on the highly empirical field of social sciences, in particular, economics. The dissertation …
Persistent link: https://www.econbiz.de/10011004910
economics, but the entirely new field of scientific inquiry it yielded--game theory--has since been widely used to analyze a …This is the classic work upon which modern-day game theory is based. What began more than sixty years ago as a modest … published <i>Theory of Games and Economic Behavior</i>. In it, John von Neumann and Oskar Morgenstern conceived a groundbreaking …
Persistent link: https://www.econbiz.de/10005797578
In our paper we try to answer to the epistemological question how much mathematics does economy need. …
Persistent link: https://www.econbiz.de/10008544617
economics is associated with the use of mathematics. Based on Francis Bacon’s criticism of scholasticism, it is argued here that … 1769 essay, economics has come “full circle”. The problem for economics is not then mathematics per se – mathematics is … scholasticism. A rational, quantified and mechanised world picture emerged. In 1769 an essay questioned why economics benefited so …
Persistent link: https://www.econbiz.de/10004976542
in founding location theory but, beyond that, he contributed to the mathematical treatment of economics, labor economics …, it is the purpose of this paper to show how Launhardt used mathematics in his engineering-based approach to the economics …Wilhelm Launhardt (1832-1918) is a founder of mathematical economics. His main work, Mathematical Foundations of …
Persistent link: https://www.econbiz.de/10004976546
methods could play. In this short article, his view on the use of mathematics or algebraic methods in particular is discussed. …
Persistent link: https://www.econbiz.de/10004976551
Describes how mathematics enjoyed a virtual monopoly as the privileged method of economic inquiry in the post … change, offering an insight into the role of mathematics. …
Persistent link: https://www.econbiz.de/10004976554
Surveys the use of mathematics in what are now commonly called the social sciences up to the time of the earliest use … and proceeds to reason for the broad definition of mathematics as it relates to the social sciences. The introduction also … sciences in the late 1700s. This is followed by a brief description of the state of mathematics at that time. Then follow …
Persistent link: https://www.econbiz.de/10004976558
Argues preliminarily that quantitative-mathematical social science, including economics, is not possible because it …
Persistent link: https://www.econbiz.de/10004976561
Provides a comment on Reiss’ “Mathematics in economics: Schmoller, Menger and Jevons”. …
Persistent link: https://www.econbiz.de/10004976575