Jim Devine wrote: > I don't think that the SRPE (a.k.a., the "economics Nobel") is an > adoption certificate.
Take Gerard Debreu. What work of his in either pure or applied topology -- or any other branch of math -- has given him more prominence than Theory of Value? Was he ever the president of the Mathematical Association of America? Of the Société Mathématique de la France? Of the Cowles Commission for Research in Mathematics? No, no, and no. He was president of the American Economics Association, member of the CC for R in Economics, etc. Is there any popular book titled "Eminent Mathematicians" containing some interview of Gerard Debreu? No. It turns out that there's a book titled "Eminent *Economists*" that interviews him. Etc. Kahneman is still around. He continues producing. Who knows where his career may take him in the future. So, take Tversky. Most likely, his work will be remembered for his contribution to the *economic* theory of risk and uncertainty. Or, where are his important contributions to other branches of psychology? But let's not quibble more about this. I can concede this to you entirely. Still, the point I was making in my reply to Gene will be barely altered. Modern finance theory is not the result of some direct generalization of the behavior of finance practitioners. It's almost entirely the product of work done by non-finance practitioners. (Actually, I thought somebody here would mention Soros!) Mainly the fruit of the application of economic reasoning by economists -- as well as mathematicians and psychologists with a strong interest in economics. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
