Ramsey’s 1928 paper on saving and Hotelling’s 1931 article on exhaustible resources are considered to be two seminal contributions in economic dynamics. They have been associated because of their temporal proximity, use of the calculus of variations, and because of Hotelling’s citation of Ramsey. This connection however needs to be precisely investigated and characterized. On the basis of archival material, this paper shows that, on the interpersonal and theoretical ground, the connection is quite thin, but that significant parallels are found in Ramsey’s and Hotelling’s expectations with mathematical economics for the progress of science and for informing public decision.
Ramsey’s 1928 paper on saving and Hotelling’s 1931 article on exhaustible resources are considered to be two seminal contributions in economic dynamics. They have been associated because of their temporal proximity, use of the calculus of variations, and because of Hotelling’s citation of Ramsey. This connection however needs to be precisely investigated and characterized. On the basis of archival material, this paper shows that, on the interpersonal and theoretical ground, the connection is quite thin, but that significant parallels are found in Ramsey’s and Hotelling’s expectations with mathematical economics for the progress of science and for informing public decision.
Titre
en
An Inquiry into the Ramsey-Hotelling Connection
Auteur(s)
Marion Gaspard1
, Antoine Missemer2
1
TRIANGLE -
Triangle : action, discours, pensée politique et économique
( 145357 )
- 15, parvis René-Descartes - BP 7000 69342 LYON CEDEX 07
- France
École normale supérieure de Lyon ( 6818 )
;
Université Lumière - Lyon 2 ( 33804 )
;
Sciences Po Lyon - Institut d'études politiques de Lyon ( 59112 )
;
Université de Lyon ( 301088 )
;
Université Jean Monnet - Saint-Étienne ( 300284 )
;
Centre National de la Recherche Scientifique UMR5206 ( 441569 )
2
CIRED -
centre international de recherche sur l'environnement et le développement
( 135977 )
- 45 bis, avenue de la Belle Gabrielle - 94736 Nogent-sur-Marne Cedex
- France
Centre de Coopération Internationale en Recherche Agronomique pour le Développement UMR56 ( 11574 )
;
École des hautes études en sciences sociales ( 99539 )
;
AgroParisTech ( 148117 )
;
École des Ponts ParisTech ( 301545 )
;
Centre National de la Recherche Scientifique UMR8568 ( 441569 )
Langue du document
Anglais
Nom de la revue
European Journal of the History of Economic Thought
(ISSN : 0967-2567, ISSN électronique : 1469-5936)
Publié par Taylor & Francis (Routledge)
Revue non référencée dans Sherpa-Romeo
Vulgarisation
Non
Comité de lecture
Oui
Audience
Internationale
Date de publication
2019
Date de publication électronique
2019-02-14
Volume
26
Numéro
2
Page/Identifiant
352-379
Domaine(s)
Sciences de l'Homme et Société/Economies et finances
Sciences de l'Homme et Société/Histoire, Philosophie et Sociologie des sciences
Marion Gaspard, Antoine Missemer. An Inquiry into the Ramsey-Hotelling Connection. European Journal of the History of Economic Thought, 2019, 26 (2), pp.352-379. ⟨10.1080/09672567.2019.1576059⟩. ⟨halshs-01934408⟩