Irving Fisher, Ragnar Frisch and the Elusive Quest for Measurable Utility

Robert Dimand

No vmzua, SocArXiv from Center for Open Science

Abstract: Commitment to the behaviorist approach to utility theory, to the usefulness of mathematics in economic analysis and to equalization of the marginal utility of income as a principle of just taxation brought Irving Fisher and Ragnar Frisch to attempt to measure the marginal utility of income and led them to collaborate in forming the Econometric Society and sponsoring the establishment of the Cowles Commission, institutions advancing economic theory in connection to mathematics and statistics and led Frisch to pioneer an axiomatic approach to utility and microeconomic theory.

Date: 2023-05-17
New Economics Papers: this item is included in nep-his, nep-hpe and nep-upt
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Related works:
Journal Article: IRVING FISHER, RAGNAR FRISCH, AND THE ELUSIVE QUEST FOR MEASURABLE UTILITY (2023)
Working Paper: Irving Fisher, Ragnar Frisch and the Elusive Quest for Measurable Utility (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:osf:socarx:vmzua

DOI: 10.31219/osf.io/vmzua

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