Thinking Outside the Box: Edgeworth, Pareto and the Early History of the Box Diagram

Michael McLure and Aldo Montesano
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Michael McLure: Business School, The University of Western Australia, https://www.web.uwa.edu.au/person/michael.mclure

No 18-03, Economics Discussion / Working Papers from The University of Western Australia, Department of Economics

Abstract: This study enhances McLure (2017) by considering the significance Edgeworth’s reciprocal demand curves to the early history of the Edgeworth box. In short, it clarifies Edgeworth’s and Pareto’s respective contributions to the development the Edgeworth box diagram by establishing the relationship between the ‘trade’ representations of Edgeworth’s Figures 1 and 5 and the associated ‘allocation’ representations of those two diagrams. A reconstruction of Edgeworth’s Figure 1 is also provided to make the implicit aspects of his treatment of production explicit. A new early history of the Edgeworth box diagram is also presented.

Keywords: Box diagram; Edgeworth; Exchange; Pareto; Production (search for similar items in EconPapers)
JEL-codes: B13 (search for similar items in EconPapers)
Pages: 40
Date: 2018
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https://ecompapers.biz.uwa.edu.au/paper/PDF%20of%2 ... 0and%20Montesano.pdf (application/pdf)

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Journal Article: Thinking Outside the Box: Edgeworth, Pareto and the Early History of the Box Diagram (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:uwa:wpaper:18-03

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