Georges-Louis Leclerc de Buffon’s‘Essays on Moral Arithmetic’
Tibor Neugebauer,
John Hey and
Carmen Pasca
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Carmen Pasca: LUISS
LSF Research Working Paper Series from Luxembourg School of Finance, University of Luxembourg
Abstract:
We offer a translation into English of the original French version published in 1777 of Buffon’s Essai d’Arithmetique Morale along with some introductory remarks. In this classic work, Buffon discusses degrees of certainty, probability, the moral value of money, the different evaluations of " gains and of losses; moreover, he proposes repeated experiments to" determine the moral value of a game. Our hope is that this remarkable work, which anticipates and relates to many aspects discussed in more recent literature, reaches a broader audience than the French original reaches today. Our belief is that we are first to translate this classic work completely.
Date: 2010
New Economics Papers: this item is included in nep-hpe
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