Game Theory and Cold War Rationality: A Review Essay

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2016-02-23

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Abstract

This essay reviews new histories of the role of game theory and rational decision-making in shaping the social sciences, economics among them, in the post war period. The recent books "The World the Game Theorists Made" by Paul Erickson and "How Reason Almost Lost Its Mind" by Paul Erickson, Judy Klein, Lorraine Daston, Rebecca Lemov, Thomas Sturm, and Michael Gordin raise a number of complex historical questions about the interconnections among game theory, utility theory, decision-theory, optimization theory, information theory and theories of rational choice. Moreover the contingencies of time, place, and person call into question the usefulness of economists' linear narratives about the autonomous and progressive development of modern economics. The essay finally reflects on the challenges that these issues present for historians of recent economics.

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Scholars@Duke

Weintraub

E. Roy Weintraub

Professor Emeritus of Economics

Roy Weintraub was trained as a mathematician though his professional career has been as an economist. Beginning in the early 1980s, his research and teaching activities focused upon the history of the interconnection between mathematics and economics in the twentieth century. This work, in the history of economics, has helped shape the understanding of economists and historians: his General Equilibrium Theory (1985), Stabilizing Dynamics (1991), Toward a History of Game Theory (1992), How Economics Became a Mathematical Science (2002), and (with Till Duppe) Finding Equilibrium (2014) have charted the transformation of economics from a historical to a mathematical discipline. Besides his 13 books, he has published over 150 articles in professional journals and edited volumes. His books have been variously translated into Japanese, Chinese, French, Spanish, and Italian. Currently he is Associate Editor of the journal History of Political Economy. A past President of the History of Economics Society, he is a Distinguished Fellow of that Society.

He has held visiting positions at the University of Hawaii, UCLA, the University of Rome, the University of Bristol, and the University of Venice. He has been one of the few social scientists honored by a fellowship year at the National Humanities Center. At Duke he was Director of Graduate Studies in the Department of Economics from 1972 to 1983, Chair of that department from 1983 to 1987, Acting Director of the Institute of Statistics and Decision Sciences in 1987, Director of the Center for Social and Historical Studies of Science from 1995-1999, and has twice chaired the Academic Council, Duke's Faculty Senate. From 1993 to 1995, he served as Acting Dean of the Faculty of Arts and Sciences. In 1992 he won the Howard Johnson Foundation Distinguished Undergraduate Teaching Award.

A native of the Philadelphia area, Professor Weintraub received his A.B. degree in mathematics from Swarthmore College, and the M.S. and Ph.D. in applied mathematics from the University of Pennsylvania. He joined the Duke University faculty in 1970 following a first academic position at Rutgers University. 


Professor Weintraub's current research interests include, and his current projects involve, issues in the historiography of economics particularly the role of biography, autobiography, and letters.

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