Interface 4
Just come back from the 4th edition of the “Interface between economic theory and history of theories” workshop. It all started with an initiative by Michel De Vroey in Louvain in 2007, I then contributed to making it a regular event by organising the 2nd edition in Paris two years ago. This year, the event took place in Strasbourg and was really good. I was discussant of an interesting paper on human capital by Charlotte Le Chapelain -on the question of what we can learn from Condorcet on the relationship between education and growth.
I liked very much the invited conference of Nicola Giocoli from Pisa on US antitrust judges and the use of economic theory in deciding about predatory pricing allegations -cleverly demonstrating that game theory wasn’t that useful after all. Simpler, older rules found their way into courts much more easily, and continued to be used for long. Perhaps game theory is too theoretical, abstract and inapplicable to reality? A doubt to be taken seriously…
Two other papers I liked very much are those by Herrade Igersheim and her co-author T. Kim Pham on relative utility and social optimality -combining positive and normative economic theory with an empirical application- and by Andrés Alvarez and Jimena Hurtado on a model of social interactions based on Adam Smith’s notion of sympathy.
Filed under: Economic theory, Philosophy of economics, Social science methodology | Leave a Comment
Tags: Economic analysis, economic methodology, History of economics

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