2006-06-01, English, Article, Journal or magazine article edition: Jack Hirshleifer: A Nobel Prize left unbestowed. Hausken, Kjell

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Physical Description
  • Magazine/​Journal article
Published
  • Elsevier B.V., 2006 June
Language
  • English

Edition details

Title
  • Jack Hirshleifer: A Nobel Prize left unbestowed.
Appears In
  • European Journal of Political Economy, v.22, no.2, 2006 June, p.251(26) (ISSN: 0176-2680)
Author
  • Hausken, Kjell
Published
  • Elsevier B.V., 2006 June
Physical Description
  • Magazine/​Journal article
Subjects
Target Audience
  • Academic
Summary
  • To link to full-text access for this article, visit this link: http:/​/​dx.doi.org/​10.1016/​j.ejpoleco.2006.02.004 Byline: Kjell Hausken Keywords: Investment and capital theory; Information economics; Applied theories of the firm; Uncertainty and information; Price theory; Economics; Political economy; The economic theory of conflict; Public goods; Production; Appropriation; Fighting; Combat; War; Bioeconomics; Biology; Evolutionary economics; Evolutionary psychology; Water supply and resource economics Abstract: Jack Hirshleifer (1925-2005) contributed to investment theory, information economics, conflict, and bioeconomics, clarified the foundations of investment and capital theory in the spirit of Fisher, and made basic contributions to the analysis of covariance risk, gambling and insurance, the Modigliani-Miller Theorem, and public investment through a focus on time, uncertainty and information. He formulated new models of public goods, added to understanding of contest success functions, and explained the paradox of power. He developed a general equilibrium approach to conflict jointly encompassing production, exchange, appropriation and defense. He analyzed the emotions as guarantors of threats and promises, proposed alternatives to the tit-for-tat strategy, considered the bioeconomic causes of war, and investigated the truthful signaling hypothesis. Jack Hirshleifer was a leading scholar and original thinker of the 20th century. His scientific contributions have left a Nobel Prize unbestowed. Author Affiliation: Faculty of Social Sciences, University of Stavanger, N-4036 Stavanger, Norway Article History: Received 15 December 2005; Revised 15 February 2006; Accepted 15 February 2006
Terms of Use
  • COPYRIGHT 2006 Elsevier B.V.
Language
  • English
Database
  • Gale Academic OneFile
Identifier
  • 198247215

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