VON NEUMANN, John (1903-1957) and Oskar MORGENSTERN (b. 1902). Theory of Games and Economic Behavior . Princeton, 1944. 8 o . Text illuatrations. Original beige cloth, spine stamped in gilt and red; dust jacket. FIRST EDITION OF ONE OF THE FOUNDATION WORKS OF ECONOMETRICS, the empirical testing of economic theories and the expression of economic relationships in mathematical terms. "Von Neumann established the theory of games of strategy (as opposed to games of chance) suggested by mile Borel in 1921, and, with the aid of Oskar Morgenstern, developed it as a means of dealing with competitive economic behaviour" (Norman 2167).
VON NEUMANN, John (1903-1957) and Oskar MORGENSTERN (b. 1902). Theory of Games and Economic Behavior . Princeton, 1944. 8 o . Text illuatrations. Original beige cloth, spine stamped in gilt and red; dust jacket. FIRST EDITION OF ONE OF THE FOUNDATION WORKS OF ECONOMETRICS, the empirical testing of economic theories and the expression of economic relationships in mathematical terms. "Von Neumann established the theory of games of strategy (as opposed to games of chance) suggested by mile Borel in 1921, and, with the aid of Oskar Morgenstern, developed it as a means of dealing with competitive economic behaviour" (Norman 2167).
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