On the Art of Successful Analogy Formation: Martin Beckmann’s Continuous Model of Economic Space
Physics has been an almost inexhaustible source of analogy formation for economists. This is natural in view of the methodological lead physics has with respect to economics. Let us make this lead precise. In his famous “Decline of Mechanism” d’Abro states that Statics and Hydrostatics were fully developed by Archimedes, Dynamics of mass points and rigid bodies by Newton, and Hydrodynamics of continuous media by Euler and Lagrange. Some refinements were added by Hamilton in the 19th century, but in essence, classical mechanics was fully developed in the 18th century.
KeywordsLocation Theory Analogy Formation Continuous Space Location Classicist General Equilibrium Theory
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