One Sentence at a Time: A Quantitative History of Rationality in Economic Thought

Goutsmedt, Aurélien;Thomas Delcey;Alexandre Truc
(2025) European Journal of the History of Economic Thought — (2025)

Files

paper.pdf
  • Open Access
  • Adobe PDF
  • 2.07 MB
  • https://creativecommons.org/licenses/by/4.0/
Download

Details

Authors
Abstract
This article demonstrates how unsupervised quantitative methods can enrich the history of economic thought. Using the largest English-language corpus ever assembled for the field—nearly 290,000 economics journal articles from 1900 to 2009 with citation data—we analyze the evolution of the concept of rationality. Combining large language model–based semantic analysis with bibliometric and network methods, we identify and cluster discussions of rationality across time and scales, such as the circulation of bounded rationality and the emergence of behavioral economics. We provide an open-source interactive tool to support transparency and reuse.
Affiliations

Citations

  • APA
  • Chicago
  • FWB

Goutsmedt, A., Thomas Delcey, & Alexandre Truc. (2025). One Sentence at a Time: A Quantitative History of Rationality in Economic Thought. European Journal of the History of Economic Thought. Submitted. (Original work published 2025)