Definition of Marshallian. Meaning of Marshallian. Synonyms of Marshallian

Here you will find one or more explanations in English for the word Marshallian. Also in the bottom left of the page several parts of wikipedia pages related to the word Marshallian and, of course, Marshallian synonyms and on the right images related to the word Marshallian.

Definition of Marshallian

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Meaning of Marshallian from wikipedia

- In microeconomics, a consumer's Marshallian demand function (named after Alfred Marshall) is the quantity they demand of a particular good as a function...
- consumer choice and the theory of the firm. The lemma relates the ordinary (Marshallian) demand function to the derivatives of the indirect utility function...
- Marshall, and indeed, the two are sometimes described eponymously as 'Marshallian surplus.' He used this idea of surplus to rigorously analyse the effect...
- effect of relative prices on quantities demanded of goods, in contrast to Marshallian demand functions, which combine that with the effect of the real income...
- Quasi-rent or Marshallian rent is a temporary economic rent like returns to a supplier/owner. Alfred Marshall was the first to observe quasi-rents. Quasi-rent...
- to make a distinction between the Hicksian (per John Hicks) and the Marshallian (per Alfred Marshall) demand function as it relates to deadweight loss...
- (or ****sky identity), named after Eugen ****sky, relates changes in Marshallian (uncompensated) demand to changes in Hicksian (compensated) demand, which...
- the cheapest package that gives the desired utility. It is related to Marshallian demand function by and expenditure function by h(p,u∗)=x(p,e(p,u∗)).{\displaystyle...
- economic surplus, also known as total welfare or total social welfare or Marshallian surplus (after Alfred Marshall), is either of two related quantities:...
- equilibrium boxes. To a logical purist of Wittgenstein and Sraffa class, the Marshallian partial equilibrium box of constant cost is even more empty than the...