MORGENSTERN (Oskar).
International Financial Transactions and Business Cycles.
An influential study of the financial relationships by which economic fluctuations and disturbances are transmitted from one economy to another, focusing primarily on the periods 1875-1914, the classical period of the gold standard, and 1925-1938, the period of changed conditions between the two World Wars.
Morgernstern is chiefly remembered as a co-developer of game theory through his joint authorship with mathematician John von Neumann of the Theory of Games and Economic Behaviour.