Working papers, Department of Economics, WU (Wirtschaftsuniversität Wien)
Oskar Morgenstern als wirtschaftspolitischer Berater in den 1930er-Jahren
Abstract: The point of departure of this study is that in the 1930s
Oskar Morgenstern, well-known as the co-founder of game theory, was
preoccupied by his activities in Austrian economic policy, possibly even
more so than with his project to revolutionize economic theory. The main
questions to be examined in this regard are, first, to what extent
Morgenstern's advice did conform to the teachings of the Austrian school
and, second, if he really exerted an influence on economic policy-making in
Austria during this period. In order to answer this question the paper
draws to a large part on unpublished sources from the Oskar Morgenstern
Papers and uses them as a basis for determining Morgenstern's role in a few
critical episodes of Austrian economic policy-making.
JEL-Codes: B25; B30; N14; (follow links to similar papers)
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