The 165th meeting jointly organized with International Public Policy Seminar
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Date | 2024.12.20 Fri 13:30 - 15:00 |
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How to apply | Send an email to Ms. Kitabayashi via the address listed below. |
Contact | Ms. Kitabayashi, Institute of Social Science, The University of Tokyo |
The Osaka Workshop on Economics of Institutions and Organizations, OEIO, meets every month to exchange research ideas on institutional and organizational economics. Participants include both people specialized in theoretical research and those in empirical research. Topics of meetings might be about microeconomic theory, macroeconomic theory, or economic history..., whatever on institutional and organizational economics.
Presenter: Norikazu Takami (Graduate School of Arts and Sciences, The University of Tokyo)
Title: "The Role of the Cowles Commission and RAND Corporation in Transforming Mathematical Economics in the Mid-twentieth Century”
Abstract：This essay narrates the history of mid-twentieth-century economics, based on recent literature. This literature has shown that a small group of scholars, linked through the network of the Cowles Commission and the RAND Corporation, accomplished the mathematical transformation of economics by creating new fields, such as econometrics, game theory, and general competitive equilibrium. The essay also mentions the studies that connect the invention of the IS-LM model and the Solow economic growth model to the work of these scholars. The conclusion points to a historiographical shift visible in this literature: placing more emphasis on collectives and preferring objective evidence to textual interpretation.