• DOI:10.1086/256962
Corpus ID: 153732595

The Development of Utility Theory. I

@article{Stigler1950TheDO,
  title={The Development of Utility Theory. I},
  author={G. Stigler},
  journal={Journal of Political Economy},
  year={1950},
  volume={58},
  pages={307 - 327}
}

G. Stigler

Published 1950

Economics

Journal of Political Economy

T HE history of economic thought can be studied with many purposes. One may trace the effects of contemporary economic and social conditions on economic theory orrather more bravely-the effects of economic theories on economic and social developments. One may study the history to find the original discoverers of theories, spurred on by the dream of new Cantillons; or one may compare the economics of the great economists with that of the rank and file, as a contribution to the structure and… CONTINUE READING

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