Opentopia Directory Encyclopedia Tools

Stigler's conjecture

Encyclopedia : S : ST : STI : Stigler's conjecture


Stigler's conjecture is the half-serious "theorem" proposed by the economist George Stigler that the credit for every idea in economics (and possibly other fields) is always given to the second person to have discovered it, the original initiator failing to get a mention.

An example of this conjecture would be Cournot's anticipation of Alfred Marshall's supply and demand framework in 1848, or Copernicus's earlier formulation of Gresham's law.

As it happens, the Stigler conjecture applies to the Stigler's assertion itself, as it didn't become a "conjecture" until named so by George Stigler's son, Stephen.

References

External link

 


From Wikipedia, the Free Encyclopedia. Original article here. Support Wikipedia by contributing or donating.
All text is available under the terms of the GNU Free Documentation License See Wikipedia Copyrights for details.

Search Titles
0123456789
ABCDEFGHIJ
KLMNOPQRST
UVWXYZ?

E-mail this article to:

Personal Message: