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Early Experiments in Consumer Demand Theory: 1930-1970

Author

Listed:
  • Ivan Moscati

    (Bocconi University - IEP)

Abstract

This paper reconstructs the history of experimental research on consumer demand behavior between 1930 and 1970. The backgrounds of the experiments and their impact on the development of consumption theory are also investigated. Among other things, the paper shows that in fact many prominent economists of the period were involved in this stream of research.

Suggested Citation

  • Ivan Moscati, 2005. "Early Experiments in Consumer Demand Theory: 1930-1970," Method and Hist of Econ Thought 0506003, EconWPA.
  • Handle: RePEc:wpa:wuwpmh:0506003
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    Citations

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    Cited by:

    1. Daniel McFadden, 2014. "The new science of pleasure: consumer choice behavior and the measurement of well-being," Chapters,in: Handbook of Choice Modelling, chapter 2, pages 7-48 Edward Elgar Publishing.
    2. D. Wade Hands, 2014. "Paul Samuelson and Revealed Preference Theory," History of Political Economy, Duke University Press, vol. 46(1), pages 85-116, Spring.
    3. Nisticò, Sergio, 2015. "Enjoyment takes time: Some implications for choice theory," Economics - The Open-Access, Open-Assessment E-Journal, Kiel Institute for the World Economy (IfW), vol. 9, pages 1-40.
    4. Nicolas Vallois & Dorian Jullien, 2017. "Estimating Rationality in Economics: A History of Statistical Methods in Experimental Economics," GREDEG Working Papers 2017-20, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), University of Nice Sophia Antipolis.
    5. Batley, Richard & Hess, Stephane, 2016. "Testing for regularity and stochastic transitivity using the structural parameter of nested logit," Transportation Research Part B: Methodological, Elsevier, vol. 93(PA), pages 355-376.
    6. Jean-Sébastien Lenfant, 2012. "Indifference Curves and the Ordinalist Revolution," Post-Print hal-01771855, HAL.
    7. Daniel L. McFadden, 2013. "The New Science of Pleasure," NBER Working Papers 18687, National Bureau of Economic Research, Inc.
    8. Alessandro Innocenti, 2008. "How can a psychologist inform economics? The strange case of Sidney Siegel," Department of Economic Policy, Finance and Development (DEPFID) University of Siena 0808, Department of Economic Policy, Finance and Development (DEPFID), University of Siena.
    9. Jean-Sébastien Lenfant, 2018. "Probabilizing the consumer: Georgescu-Roegen, Marschak and Quandt on the Modeling of the Consumer in the 1950s," Post-Print hal-01714635, HAL.
    10. Nicolas Vallois & Dorian Jullien, 2017. "Estimating Rationality in Economics: A History of Statistical Methods in Experimental Economics," Working Papers halshs-01651070, HAL.
    11. Andreas Ortman, 2013. "Episodes from the Early History of Experimentation in Economics," Discussion Papers 2013-34, School of Economics, The University of New South Wales.
    12. Banzhaf, H. Spencer, 2016. "Constructing markets: environmental economics and the contingent valuation controversy," MPRA Paper 78814, University Library of Munich, Germany.

    More about this item

    JEL classification:

    • B21 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Microeconomics
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis

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