A Journey into Harold Hotelling’s Economics
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| Název: | A Journey into Harold Hotelling’s Economics |
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| Autoři: | Gaspard, Marion, Missemer, Antoine, Mueller, Thomas |
| Přispěvatelé: | Missemer, Antoine, Triangle : action, discours, pensée politique et économique (TRIANGLE), École normale supérieure de Lyon (ENS de Lyon), Université de Lyon-Université de Lyon-Université Lumière - Lyon 2 (UL2)-Sciences Po Lyon - Institut d'études politiques de Lyon (IEP Lyon), Université de Lyon-Université Jean Monnet - Saint-Étienne (UJM)-Centre National de la Recherche Scientifique (CNRS), Université Lumière - Lyon 2 (UL2), Centre National de la Recherche Scientifique (CNRS), Centre International de Recherche sur l'Environnement et le Développement (CIRED), Centre de Coopération Internationale en Recherche Agronomique pour le Développement (Cirad)-École des hautes études en sciences sociales (EHESS)-AgroParisTech-École nationale des ponts et chaussées (ENPC)-Université Paris-Saclay-Centre National de la Recherche Scientifique (CNRS), Université Paris 8 Vincennes-Saint-Denis (UP8), Laboratoire d'Economie Dionysien (LED), ESHET Grant (2017-19), Centre de Coopération Internationale en Recherche Agronomique pour le Développement (Cirad)-École des hautes études en sciences sociales (EHESS)-AgroParisTech-École des Ponts ParisTech (ENPC)-Université Paris-Saclay-Centre National de la Recherche Scientifique (CNRS), Groupe de Recherche en Droit, Economie et Gestion (GREDEG), Université Nice Sophia Antipolis (1965 - 2019) (UNS)-Centre National de la Recherche Scientifique (CNRS)-Université Côte d'Azur (UniCA) |
| Zdroj: | Journal of Economic Literature. 62:1186-1212 |
| Informace o vydavateli: | American Economic Association, 2024. |
| Rok vydání: | 2024 |
| Témata: | JEL, Hotelling, JEL: D - Microeconomics/D.D6 - Welfare Economics, and Heterodox Approaches/B.B3 - History of Economic Thought: Individuals, mathematical economics, [SHS]Humanities and Social Sciences, spatial competition, and Market Performance, welfare economics, natural resources, JEL: L - Industrial Organization/L.L1 - Market Structure, JEL: Q - Agricultural and Natural Resource Economics • Environmental and Ecological Economics/Q.Q3 - Nonrenewable Resources and Conservation, [SHS.HISPHILSO]Humanities and Social Sciences/History, [QFIN]Quantitative Finance [q-fin], Philosophy and Sociology of Sciences, History of economic thought, natural resource economics, and Heterodox Approaches/B.B2 - History of Economic Thought since 1925/B.B2.B23 - Econometrics • Quantitative and Mathematical Studies, Methodology, and Heterodox Approaches/B.B2 - History of Economic Thought since 1925/B.B2.B21 - Microeconomics, history of economic thought, [SHS.ECO]Humanities and Social Sciences/Economics and Finance, [QFIN] Quantitative Finance [q-fin], Firm Strategy, JEL: B - History of Economic Thought, welfare, and Heterodox Approaches/B.B2 - History of Economic Thought since 1925, and Heterodox Approaches/B.B3 - History of Economic Thought: Individuals/B.B3.B31 - Individuals, [SHS] Humanities and Social Sciences, JEL: C - Mathematical and Quantitative Methods/C.C6 - Mathematical Methods • Programming Models • Mathematical and Simulation Modeling |
| Popis: | Harold Hotelling (1895–1973) was a major contributor to twentieth-century American economics. The overall thrust of his research, and his view of the role of mathematics in the discipline, have so far received little attention. Based on an unprecedented examination of his work and professional archives, this article provides a thorough analysis of Hotelling’s background and contribution to economics. A self-taught economist in the 1920s, Hotelling built a research program that, despite apparently being highly technical, was primarily conceived as applied science to solve concrete social and economic issues, from spatial competition to natural resource exhaustion and public utility regulation. Although Hotelling’s research was not exempt from criticism, it remains profoundly inspiring for the twenty-first century, from both a theoretical and epistemological point of view. When we remember that he trained the greatest, from Kenneth J. Arrow to William Vickrey, his career and ideas are all the more worthy of consideration. (JEL B21, B23, B31) |
| Druh dokumentu: | Article |
| Popis souboru: | application/pdf |
| Jazyk: | English |
| ISSN: | 2328-8175 0022-0515 |
| DOI: | 10.1257/jel.20231700 |
| Přístupová URL adresa: | https://enpc.hal.science/hal-04840070v1/document https://doi.org/10.1257/jel.20231700 https://enpc.hal.science/hal-04840070v1 |
| Přístupové číslo: | edsair.doi.dedup.....92771a466e7dd0b51e81dd2cb30c8ba2 |
| Databáze: | OpenAIRE |
Nájsť tento článok vo Web of Science | Abstrakt: | Harold Hotelling (1895–1973) was a major contributor to twentieth-century American economics. The overall thrust of his research, and his view of the role of mathematics in the discipline, have so far received little attention. Based on an unprecedented examination of his work and professional archives, this article provides a thorough analysis of Hotelling’s background and contribution to economics. A self-taught economist in the 1920s, Hotelling built a research program that, despite apparently being highly technical, was primarily conceived as applied science to solve concrete social and economic issues, from spatial competition to natural resource exhaustion and public utility regulation. Although Hotelling’s research was not exempt from criticism, it remains profoundly inspiring for the twenty-first century, from both a theoretical and epistemological point of view. When we remember that he trained the greatest, from Kenneth J. Arrow to William Vickrey, his career and ideas are all the more worthy of consideration. (JEL B21, B23, B31) |
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| ISSN: | 23288175 00220515 |
| DOI: | 10.1257/jel.20231700 |