Relation of Game Theory to Economic History and Marginalism

26 Pages Posted: 13 Feb 2009 Last revised: 18 Feb 2009

See all articles by M. Ulric Killion

M. Ulric Killion

Shanghai International Studies University

Date Written: February 12, 2009

Abstract

The Article presents a brief survey of economic history, by emphasizing the earlier history of neo-classical economic theory and the economic theory of marginal utility. The Articles does so by exploring the relation of game theory or the strategic game to developments in the field or science of economics, especially developments in economic thought occurring during the earlier marginal revolution or the economic history of marginalism. By doing so, the Article intends to show, though most attribute the new science of modern game theory to the field of mathematics, that the influence of corresponding or correlating developments in the field, science or discipline of economics was equally influential in the birth of game theory or the strategic game.

Keywords: Economic history, neo-classical theory, marginalism, game theory

JEL Classification: A1, B1, C7

Suggested Citation

Killion, M. Ulric, Relation of Game Theory to Economic History and Marginalism (February 12, 2009). Available at SSRN: https://ssrn.com/abstract=1341825 or http://dx.doi.org/10.2139/ssrn.1341825

M. Ulric Killion (Contact Author)

Shanghai International Studies University ( email )

620 Gubei Road
Shanghai
China

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