Griffith Evans and the Origins of Economic Dynamics

Charles S. Tapiero
ESSEC, Cergy Pontoise
P_Tapiero@ped.essec.fr

Abstract

Griffith Evans contribution to Dynamic Economics in the late 20's is highlighted. In particular, Evans contribution to price theory, the theory of replacement (and time switching optimization) as well as advertising budgets optimization is discussed. Additional topics such the theory of money, the theory of dimensions in economics and price indices are alluded to as well. Some obvious extensions, such as production-inventory control, time delay controls as well as the control of hereditary equations (which were dealt with as well by Evans' student, C. Roos) are also pointed out, providing a broad outline (but incomplete) to Evan's contribution to the beginning of Dynamic Economics.