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Mathematical economics | HearLore
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Mathematical economics
Game theoryIn 1564, Gerolamo Cardano wrote Liber de ludo aleae, a manuscript on games of chance that remained unpublished until 1663.
Social welfare functionIn February 1938, Abram Bergson published an article in the Quarterly Journal of Economics titled A Reformulation of Certain Aspects of Welfare Economics.
Contract theoryRonald H. Coase published a 1937 article titled The Nature of the Firm that launched modern contract theory in economics.