105
Views
0
CrossRef citations to date
0
Altmetric
Articles

Probabilising the consumer: Georgescu-Roegen, Marschak and Quandt on the modelling of the consumer in the 1950s

References

  • Alchian, Armen A. 1953. “The Meaning of Utility Measurement.” American Economic Review 43 (1): 26–50.
  • Armstrong, W. E. 1939. “The Determinateness of the Utility Function.” Economic Journal 49 (195): 453–467.
  • Armstrong, W. E. 1948. “Uncertainty and the Utility Function.” Economic Journal 58 (229): 1–10.
  • Arrow, Kenneth J. 1951a. “Alternative Approaches to the Theory of Choice in Risk-Taking Situations.” Econometrica 19 (4): 404–437.
  • Arrow, Kenneth J. 1951b. Social Choice and Individual Values. Cowles Foundation for Research in Economics at Tale University, Monograph 12. Yale, CT: Yale University Press.
  • Arrow, Kenneth J. 1958. “Utilities, Attitudes, Choices: A Review Note.” Econometrica 26 (1): 1–23.
  • Block, H. D., and Jacob Marschak. 1960. “Random Orderings and Stochastic Theories of Responses.” Cowles Foundation Paper 147. Reprinted from Contributions to Probability and Statistics, edited by I. Olkin et al., 97–132. Yale, CT: Stanford University Press.
  • Bobulescu, Roxana. 2017. “The Original Time Approach of Georgescu-Roegen.” Œconomia History Methodology Philosophy 7 (1): 87–109.
  • Boring, Edwin G. 1950. A History of Experimental Psychology. 2nd ed. New York: Appleton-Century-Crofts, Inc.
  • Chipman, John S., and Jean-Sébastien Lenfant. 2002. “Slutsky's 1915 Article: How It Came to Be Found and Interpreted.” History of Political Economy 34 (3): 553–597.
  • Chipman, John S., Leonid Hurwicz, and Hugo F. Sonnenschein, eds. 1971. Preferences, Utility, and Demand. New York: Harcourt Brace Jovanovich.
  • Davidson, Donald and Jacob Marschak. 1959. “Experimental Tests of a Stochastic Decision Theory. In Measurement: Definitions and Theories, edited by C. West Churchman and Philburn Ratoosh. New York: John Wiley & Sons.
  • Davidson, Donald, Patrick Suppes, and Sidney Siegel. 1957. Decision Making. An Experimental Approach. Stanford, CA: Stanford University Press.
  • Davis, Robert L. 1954 “Introduction to ‘Decision Processes’.” In Decision Processes, edited by Robert M. Thrall, Clyde H. Coombs, and Robert L. Davis, 1–18. New York: John Wiley and Sons.
  • Deaton, Angus, and John Muellbauer. 1980. Economics and Consumer Behavior. Cambridge, MA: Cambridge University Press.
  • Debreu, Gerard. 1954. “Representation of a Preference Ordering by a Numerical Function.” In Decision Processes, edited by Robert M. Thrall, Clyde H. Coombs, and Robert L. Davis, 159–165. New York: John Wiley and Sons.
  • Debreu, Gerard. 1958. “Stochastic Choice and Cardinal Utility.” Econometrica 26 (3): 440–444.
  • de Palma, Andréet Jacques-François Thisse. 1987. “Les modèles de choixdiscrets.” Annales d'économie et de statistique 9: 151–190.
  • Duesenberry, James S. 1949 “Income-consumption Relations and Their Implications..” In Income, Employment and Economic Policy, edited by Lloyd A. Metzler et al. New York: W. W. Norton & Co.
  • Edwards, Ward. 1953. “Probability-Preferences in Gambling.” The American Journal of Psychology 66 (3): 349–364.
  • Edwards, Ward. 1954. “The Theory of Decision Making.” Psychological Bulletin 51: 380–417.
  • Falmagne, Jean-Claude. 2002. Elements of Psychophysical Theory. Oxford: Oxford University Press.
  • Friedman, Milton. 1949. “The Marshallian Demand Curve.” Journal of Political Economy 57 (Dec): 463–95.
  • Friedman, Milton, and Leonard J. Savage. 1948. “The Utility Analysis of Choices Involving Risk.” Journal of Political Economy 56: 279–304.
  • Friedman, Milton, and Leonard J. Savage. 1952. “The Expected-Utility Hypothesis and the Measurability of Utility.” Journal of Political Economy 60: 463–474.
  • Frisch, Ragnar. 1926. “Sur un problèmed’économie pure.” Norsk Mathematisk Forenings Skrifter. série I, 16. Oslo: Grondahl & Sons Boktrykkeri.
  • Frisch, Ragnar. 1932. New Methods of Measuring Marginal Utility. Tübingen: Mohr.
  • Fullerton, George S. and James M. Cattell. 1892. On the Perception of Small Differences. Philadelphia, PA: University of Pennsylvania Press Publishers.
  • Georgescu-Roegen, Nicolas. 1935. “Note on a Proposition of Pareto.” Quarterly Journal of Economics 49 (4): 706–714.
  • Georgescu-Roegen Nicholas. 1936. “The Pure Theory of Consumer's Behavior.” Quarterly Journal of Economics 50 (4): 545–593.
  • Georgescu-Roegen, Nicholas. 1950. “The Constancy of Choice and the Constancy of Economic Laws.” Quarterly Journal of Economics 64 (1): 125–138.
  • Georgescu-Roegen, Nicholas. 1954. “Choices, Expectations and Measurability.” Quarterly Journal of Economics 68: 503–534.
  • Georgescu-Roegen, Nicholas. 1958. “Threshold in Choice and the Theory of Demand.” Econometrica 26 (1): 157–168.
  • Gigerenzer, Gerd. 1990. “Survival of the Fittest Probabilist: Brunswik, Thurstone, and the Two Disciplines of Psychology.” In Vol. 2 of The Probabilistic Revolution, edited byL. Krüger, G. Gigerenzer, and M. S. Morgan, 49–72. Cambridge, MA: MIT Press.
  • Gilboy, Elizabeth W. 1930. “Demand Curves in Theory and Practice.” QJE 44: 601–620.
  • Gilboy, Elizabeth W. 1931. “The Leontief and Schultz Methods of Deriving ‘Demand Curves’.” QJE 45: 218–261.
  • Hands, D. Wade. 2006. “Intergability, Rationalizability, and Path-Dependency in the History of Demand Theory.” In Agreement on Demand: Consumer Choice Theory in the 20th Century, edited by D. W. Hands, and P. Mirowski, 153–185. Durham, NC: Duke University Press. [Annual Supplement to volume 38 of History of Political Economy].
  • Hands, D. Wade. 2011. “Back to the Ordinalist Revolution: Behavioral Economic Concerns in Early Modern Consumer Choice Theory.” Metroeconomica 62: 386–410.
  • Heukelom, Floris. 2014. Behavioral Economics: A History. Cambridge: Cambridge University Press.
  • Hicks, John R., and Roy G. D. Allen. 1934. “A Reconsideration of the Theory of Value.” Parts 1–2. Economica 1 52–76 and 196–219.
  • Houthakker, Hendrik S. 1950. “Revealed Preference and the Utility Function.” Economica 26: 159–174.
  • Houthakker, Hendrik S. 1961. “The Present State of Consumption Theory.”Econometrica 29 (4): 704–740.
  • Katona, George. 1953. “Rational Behavior and Economic Behavior.” Psychological Review 60 (5): 307–318.
  • Lancaster, Kelvin. 1966. “A New Approach to Consumer Theory.” Journal of Political Economy 74: 132–57.
  • Lenfant, Jean-Sébastien. 2012a. “Indifference Curves and the Ordinalist Revolution.” History of Political Economy 44 (1): 113–155.
  • Lenfant, Jean-Sébastien. 2012b. “Making it up with Psychology.” Paper presented at the ESHET conference, Saint-Petersburg, May 17–19.
  • Luce, R. Duncan. 1956. “Semiorders and a Theory of Utility Discrimination.” Econometrica 24 (2): 178–191.
  • Luce, R. Duncan. 1958. “A Probabilistic Theory of Utility.” Econometrica 26 (2): 193–224.
  • Luce, R. Duncan. 1959a. Individual Choice Behavior. New York: Wiley.
  • Luce, R. Duncan. 1959b. “On the Possible Psychological Laws.” Psychological Review 66 (2): 81–95.
  • Luce, R. Duncan. 1959c. “A Probabilistic Theory of Utility and Its Relationship to Fechnerian Scaling.” In Measurement: Definitions and Theories, edited by, C. W. Churchman, and Philburn Ratoosh, 144–159, Chapter 7. New York: Wiley.
  • Luce, Duncan, and Ward Edwards. 1958. “Derivation of Subjective Scales from Just Noticeable Differences.” Psychological Review 65 (4): 222–237.
  • Marschak, Jacob. 1950. “Rational Behavior, Uncertain Prospects, and Measurable Utility.” Econometrica 18 (2): 111–141.
  • Marschak, Jacob. 1955. “Norms and Habits of Decision Making Under Certainty.” Mathematical Models of Human Behavior. Proceedings of a Symposium, 45–53. Stanford, CA: Dunlap and Associates, Inc.
  • Marschak, Jacob. 1959. “Binary-Choice Constraints and Random Utility Indicators.” Cowles Foundation Paper 155. Reprinted from Mathematical Methods in the Social Sciences, 312–329. Stanford, CA: Standford University Press.
  • May, Kenneth O. 1954. “Intransitivity, Utility, and the Aggregation of Preference Patterns.” Econometrica 22 (1): 1–13.
  • McFadden, Daniel. 1974. “Conditional Logit Analysis of Qualitative Choice Behavior.” In Frontiers in Econometrics, edited by Paul Zarembka, 105–142. New York: Academic Press.
  • McFadden, Daniel. 2001. “Economic Choices.” American Economic Review 91 (3): 351–378.
  • Modigliani, Franco. 1952. “Fluctuations in the Saving-Income Ratio: A Problem in Economic Forecasting.” In Studies in Income and Wealth. Vol. XI, 369–444. National Bureau of Economic Research.
  • Moscati, Ivan. 2007. “Early Experiments in Consumer Demand Theory: 1930–1970.” History of Political Economy 39 (3): 359–401.
  • Moscati, Ivan. 2016. “How Economists Came to Accept Expected Utility Theory: The Case of Samuelson and Savage.” Journal of Economic Perspectives 30 (2): 219–236.
  • Mosteller, Frederick, and Philip Nogee. 1951. “An experimental Measurement of Utility.” The Journal of Political Economy 59 (5): 371–404.
  • Papandreou, A. G. 1953. “An Experimental Test of an Axiom in the Theory of Choice.” Econometrica 21: 477 ( abstract).
  • Papandreou, A. G., O. H. Sauerlender, O. H. Brownlee, L. Hurwicz, and W. Franklin. 1957. “A Test of a Stochastic Theory of Choice.” University of California Publications in Economics 16: 1–18.
  • Quandt, Richard E. 1956. “A Probabilistic Theory of Consumer Behavior.” Quarterly Journal of Economics 70 (4): 507–36.
  • Samuelson, Paul A. 1938. “A Note on the Pure Theory of Consumer's Behaviour.” Economica 5 (17): 61–71.
  • Samuelson, Paul A. 1950. “The Problem of Integrability in Utility Theory.” Economica 17 (Nov): 355–385.
  • Samuelson, Paul A. 1952. “Probability, Utility, and the Independence Axiom.” Econometrica 20 (4): 670–678.
  • Schultz, Henry. 1938. The Theory and Measurement of Demand. Chicago, IL: Chicago University Press.
  • Simon, Herbert A. 1955. “A Behavioral Model of Rational Choice.” Quarterly Journal of Economics 69 (1): 99–118.
  • Simon, Herbert A. 1959. “Theories of Decision-Making in Economics and Behavioral Sciences.” American Economic Review 49 (3): 253–283.
  • Stigler, George J. 1948. “Review of P. A. Samuelson's Foundations of Economic Analysis.” Journal of the American Statistical Association 43: 603–605.
  • Thurstone, Louis L. 1927. “A Law of Comparative Judgment.” Psychological Review 34: 273–286.
  • von Neumann, John, and Oskar Morgenstern. 1944 [1953]. Theory of Games and Economic Behavior. 3rd ed. Princeton, NJ: Princeton University Press.
  • Wallis, W. Allen, and Milton Friedman. 1942. “The Empirical Derivation of Indifference Functions.” In Studies in Mathematical Economics and Econometrics: In Memory of Henry Schultz, edited by Oscar Lange, F. McIntyre, and T. O. Yntema, 175–189. Chicago, IL: Chicago University Press.
  • Wold, Herman O. A. 1943–1944. “A Synthesis of Pure Demand Analysis. I, II, III.” Skandinavisk Aktuarietidskrift 26: 85–118, 220–263, 27: 69–120.
  • Wold, Herman O. A. 1952. “Ordinal Preferences or Cardinal Uitlity.” Econometrica 20 (4): 661–664.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.