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Introduction

Published online by Cambridge University Press:  05 December 2013

Robert Leonard
Affiliation:
Université du Québec à Montréal
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Summary

Game theory, it may reasonably be claimed, has proved to be one of the more significant scientific contributions of the twentieth century. Albeit haltingly and unevenly, and in a manner quite unforeseeable in 1944 when the Theory of Games and Economic Behavior was published, it has affected not only economics and political science but also evolutionary biology, ethics, and philosophy proper. Within economics, particular areas such as microeconomic theory, industrial organisation, international trade, and experimental economics have all been reshaped under the theory's influence. Although game theory initially came from outside as a critical contribution, it has now been completely embraced by the economics discipline, as indicated by the awarding of the Nobel Memorial Prize in Economics to John Nash, John Harsányi, and Reinhard Selten in 1994, and to Robert Aumann and Thomas Schelling in 2005.

Various aspects of this development have received the attention of historians of economics and others. In 1992, under the editorship of Roy Weintraub, an exploratory set of essays titled Towards a History of Game Theory featured both historical accounts and reminiscences. Building upon their contribution to that volume, a 1996 book by Robert Dimand and MaryAnn Dimand provided a historical survey of the various game-theoretic contributions in the first half of the century. In his 2003 monograph on the evolution of economic rationality, Nicola Giocoli devotes considerable attention to game theory, particularly as it affected the neoclassical conception of the economic agent. A similar theme, treated differently, is central to Philip Mirowski's Machine Dreams of 2002, which casts the history of game theory as part of the rise of “cyborg” thinking, linked in an essential manner to von Neumann's work on computing and automata.

Type
Chapter
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Von Neumann, Morgenstern, and the Creation of Game Theory
From Chess to Social Science, 1900–1960
, pp. 1 - 6
Publisher: Cambridge University Press
Print publication year: 2010

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  • Introduction
  • Robert Leonard, Université du Québec à Montréal
  • Book: Von Neumann, Morgenstern, and the Creation of Game Theory
  • Online publication: 05 December 2013
  • Chapter DOI: https://doi.org/10.1017/CBO9780511778278.001
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  • Introduction
  • Robert Leonard, Université du Québec à Montréal
  • Book: Von Neumann, Morgenstern, and the Creation of Game Theory
  • Online publication: 05 December 2013
  • Chapter DOI: https://doi.org/10.1017/CBO9780511778278.001
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Introduction
  • Robert Leonard, Université du Québec à Montréal
  • Book: Von Neumann, Morgenstern, and the Creation of Game Theory
  • Online publication: 05 December 2013
  • Chapter DOI: https://doi.org/10.1017/CBO9780511778278.001
Available formats
×