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Game theory: stories to listen to | HearLore
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Game theory
General equilibrium theoryIn 1874, French economist Léon Walras published Elements of Pure Economics. This work marked the first serious attempt to model prices for an entire economy…
Game theoryIn 1564, Gerolamo Cardano wrote Liber de ludo aleae, a manuscript on games of chance that remained unpublished until 1663.
Pareto efficiencyVilfredo Pareto lived from 1848 to 1923. He was an Italian civil engineer and economist who studied economic efficiency and income distribution.
Contract theoryRonald H. Coase published a 1937 article titled The Nature of the Firm that launched modern contract theory in economics.