The Early Mathematics of Welfare
Bibliographic Data
| ID | 4296930 |
|---|---|
| Authors | Mario Pomini (0000-0001-5046-2228, corresponding author) |
| Year | 2020 |
| Volume | 52 |
| Issue | 4 |
| Pages | 683-707 |
| Publication date | 2020-08-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | History of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0018-2702 • E-ISSN: 1527-1919 |
| Publisher | Duke University Press (PUBLISHER • US) |
| DOI | 10.1215/00182702-8603997 |
| OpenAlex | W3040583734 |
| Language | EN |
| References cited | 17 |
Bruno de Finetti (1906-1985) is well known as the founder of the subjective theory of probability. Less known is his contribution to economic theory. The article presents the contributions of de Finetti in the field of welfare economics. He advanced a new mathematical tool: the theory of simultaneous maxima. On this base, he criticized the laissez-faire interpretation of the Paretian theory and advanced the idea of a social welfare function, reflecting the debate on economic planning among Italian corporatist economists
Economics · Field (mathematics · Function (biology · Interpretation (philosophy · Market economy · Mathematical economics · Neoclassical economics · Positive economics · Social welfare function · Welfare · Economic theories and models · Economic Theory and Institutions · Economic Theory and Policy · Mathematics · Philosophy
How Reason Almost Lost Its Mind
A Reformulation of Certain Aspects of Welfare Economics
Existence of an Equilibrium for a Competitive Economy
Utilitarianism and Welfarism
Paretian Welfare Theory
Trattato di Economia
Consumer Theory and Axiomatics
The Fundamental Theorems of Modern Welfare Economics, Historically Contemplated
Ragnar Frisch
Manuale di economia politica
| Highly cited | No |
|---|