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Thinking Outside the Box: Edgeworth, Pareto and the Early History of the Box Diagram

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  • Michael McLure
  • Aldo Montesano

Abstract

This paper shows that the ‘Edgeworth box’ diagram, as presented in textbooks, was not devised by Francis Ysidro Edgeworth but by Vilfredo Pareto. The scholarly literature on the derivation of the box diagram published over the last thirty years has continued to attribute the diagram to Edgeworth, textbooks have implied the same attribution when noting that it is named after Edgeworth. This new history of the Edgeworth box diagram, however, provides teachers with a basis for overviewing the derivation of the Edgeworth box when introducing their students to that diagram.

Suggested Citation

  • Michael McLure & Aldo Montesano, 2019. "Thinking Outside the Box: Edgeworth, Pareto and the Early History of the Box Diagram," The Economic Record, The Economic Society of Australia, vol. 95(310), pages 301-311, September.
  • Handle: RePEc:bla:ecorec:v:95:y:2019:i:310:p:301-311
    DOI: 10.1111/1475-4932.12489
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    Cited by:

    1. Michael McLure & Aldo Montesano, 2020. "Extending Edgeworth: Labour Exchange and Production," Economics Discussion / Working Papers 20-08, The University of Western Australia, Department of Economics.

    More about this item

    JEL classification:

    • B13 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Neoclassical through 1925 (Austrian, Marshallian, Walrasian, Wicksellian)

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