Mathematical Investigations in the Theory of Value and Prices.
New Haven: Yale University Press, 1925 Stock Code: 121008
Publisher's presentation copy of Fisher's PhD thesis
First edition in book form, first impression, publisher's presentation copy, of the "startlingly original PhD thesis" (Blaug) which expounds the monetary theories for which Fisher became famous and established his international reputation.This is a photo-engraved reprint of Fisher's doctoral work, first published in the Transactions of the Connecticut Academy of Arts and Sciences in 1892. "Fisher's aim in his Mathematical Investigations was to present a general mathematical model of the determination of value and prices. He claimed to have specified the equations of general economic equilibrium for the case of independent goods (chapter 4, sec. 10), although the only mathematical economist whose work he had consulted was Jevons. With commendable honesty he recognizes the priority of Walras's Eléments d'économie politique pure (1874) as far as the equations of the general equilibrium are concerned and likewise the priority of Edgeworth's Mathematical Psychics (1881) as regards the concept of utility surfaces. It appears that, although only a student, Fisher had independently developed a theory of general economic equilibrium that was identical to part of Walras's and included the concept of the indifference surface, one of the fundamental bases of modern economic theory" (IESS V, pp. 476-7).
This copy is inscribed, "From the Publishers (Humphrey Milford) Price 4/6 net" on the front free endpaper. Milford (1877-1952) was the head of the London office of Oxford University Press and his name "became a familiar mark on Oxford books, distinguishing London volumes from the Clarendon Press imprint that appeared on works which the delegates supervised at Oxford" (ODNB). As such, his name appears on the title page of this copy.
Description
Octavo. Original black cloth, spine and front board lettered in gilt.
Illustrations
2 photographic frontispieces and numerous diagrams to the text.
Condition
Spine faded, ends and corners bruised, light toning to margins, otherwise a bright copy. Royal Statistical Society stamps to front free endpaper and title page, dated 10 February 1926.
DELIVERY
With the exception of framed items*, Peter Harrington offers free delivery on all UK orders of rare books, maps and prints placed through this website. Delivery to USA and the rest of the world is similarly free for orders over £200.
ABOUT US
Established in 1969, Peter Harrington is one of the leading rare book firms in the world. It is a proud member of the Antiquarian Booksellers Association – along with ILAB, the PBFA and Lapada – and from shops in Mayfair and Chelsea, London, sells rare books, prints and ephemera to customers across the world.
Email: mail@peterharrington.co.uk
Tel: +44 (0)20 7591 0220