Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Theory of Distribution

The Theory of Distribution

Edgeworth, Francis y.

Paperback

PhilosophyFiction Anthologies

ISBN10: 1974590089
ISBN13: 9781974590087
Publisher: Createspace
Published: Aug 29 2017
Pages: 40
Weight: 0.15
Height: 0.08 Width: 5.98 Depth: 9.02
Language: English
Francis Ysidro Edgeworth FBA was an Anglo-Irish philosopher and political economist who made significant contributions to the methods of statistics during the 1880s. From 1891 onward he was appointed the founding editor of The Economic Journal. Francis Ysidro Edgeworth was an Irish polymath, a highly influential figure in the development of neo-classical economics, and contributor to the development of statistical theory. He was the first to apply certain formal mathematical techniques to individual decision making in economics. Edgeworth developed utility theory, introducing the indifference curve and the famous Edgeworth box, which have become standards in economic theory. He is also known for the Edgeworth conjecture which states that the core of an economy shrinks to the set of competitive equilibria as the number of agents in the economy gets large. The high degree of originality demonstrated in his most important book on economics, Mathematical Psychics, was matched only by the difficulty in reading it. A deep thinker, his contributions were far ahead of his time and continue to inform the fields of microeconomics and areas such as welfare economics. Thus, Edgeworth's work has advanced our understanding of economic relationships among traders, and thus contributes to the establishment of a better society for all

1 different editions

Also available

Also in

Philosophy

View All