A History of Marginal Utility Theory PDF Download

Author: Emil Kauder
Publisher:
ISBN:
Category : Marginal utility
Languages : en
Pages : 248

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Book Description
The Description for this book, History of Marginal Utility Theory, will be forthcoming.

Author: Emil Kauder
Publisher: Princeton University Press
ISBN: 1400877741
Category : Business & Economics
Languages : en
Pages : 271

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Book Description
The author blends historical narrative with a topical approach and discusses such aspects of the theory as measurement, total value, and imputation. Originally published in 1965. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Author: Richard S. Howey
Publisher: Columbia University Press
ISBN: 9780231071536
Category : Business & Economics
Languages : en
Pages : 308

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Book Description

Author: Ivan Moscati
Publisher: Oxford Studies in History of E
ISBN: 0199372764
Category : Business & Economics
Languages : en
Pages : 345

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Book Description
Utility is a key concept in the economics of individual decision-making. However, utility is not measurable in a straightforward way. As a result, from the very beginning there has been debates about the meaning of utility as well as how to measure it. This book is an innovative investigation of how these arguments changed over time. Measuring Utility reconstructs economists' ideas and discussions about utility measurement from 1870 to 1985, as well as their attempts to measure utility empirically. The book brings into focus the interplay between the evolution of utility analysis, economists' ideas about utility measurement, and their conception of what measurement in general means. It also explores the relationships between the history of utility measurement in economics, the history of the measurement of sensations in psychology, and the history of measurement theory in general. Finally, the book discusses some methodological problems related to utility measurement, such as the epistemological status of the utility concept and its measures. The first part covers the period 1870-1910, and discusses the issue of utility measurement in the theories of Jevons, Menger, Walras and other early utility theorists. Part II deals with the emergence of the notions of ordinal and cardinal utility during the period 1900-1945, and discusses two early attempts to give an empirical content to the notion of utility. Part III focuses on the 1945-1955 debate on utility measurement that was originated by von Neumann and Morgenstern's expected utility theory (EUT). Part IV reconstructs the experimental attempts to measure the utility of money between 1950 and 1985 within the framework provided by EUT. This historical and epistemological overview provides keen insights into current debates about rational choice theory and behavioral economics in the theory of individual decision-making and the philosophy of economics.

Author: Bert Mosselmans
Publisher: Economy Key Ideas
ISBN: 9781911116660
Category : Business & Economics
Languages : en
Pages : 184

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Book Description
The notion of marginalism is central to modern economic theory. Its emergence in the 1870s underpinned the change from classical economics to modern (micro)economics. This book explores the origins of the concept, its development, and its role in modern economics and shows why the marginalist approach is much more than a set of mathematical rules.

Author: Charles William Macfarlane
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 346

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Book Description

Author: Thorstein Veblen
Publisher: Read Books Ltd
ISBN: 1473399114
Category : Business & Economics
Languages : en
Pages : 36

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Book Description
Originally published in 1909, this is a work by Thorstein Veblen, an American economist and sociologist. It is an article written for the Journal of Political Economy publication outlining some of his theories on economics. We are republishing this work with a brand new introductory biography of the author with the aim of placing it in the context of his other writings and achievements. The following passage is an extract from the article: 'The limitations of the marginal-utility economics are sharp and characteristic. It is from first to last a doctrine of value, and in point of form and method it is a theory of valuation. The whole system, therefore, lies within the theoretical field of distribution, and it has but a secondary bearing on any other economic phenomena than those of distribution -- the term being taken in its accepted sense of pecuniary distribution, or distribution in point of ownership.'

Author: Wolfgang Hafner
Publisher: Springer Science & Business Media
ISBN: 3540857117
Category : Business & Economics
Languages : en
Pages : 553

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Book Description
In 1908, Vinzenz Bronzin, a professor of mathematics at the Accademia di Commercio e Nautica in Trieste, published a booklet in German entitled Theorie der Prämiengeschäfte (Theory of Premium Contracts) which is an old type of option contract. Almost like Bachelier’s now famous dissertation (1900), the work seems to have been forgotten shortly after it was published. However, almost every element of modern option pricing can be found in Bronzin’s book. He derives option prices for an illustrative set of distributions, including the Normal. - This volume includes a reprint of the original German text, a translation, as well as an appreciation of Bronzin's work from various perspectives (economics, history of finance, sociology, economic history) including some details about the professional life and circumstances of the author. The book brings Bronzin's early work to light again and adds an almost forgotten piece of research to the theory of option pricing.

Author: Salvador Barberà
Publisher: Kluwer Academic Pub
ISBN: 9780792374053
Category : Business & Economics
Languages : en
Pages : 800

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Book Description

Author: Alessandro Roncaglia
Publisher: Cambridge University Press
ISBN: 110717533X
Category : Business & Economics
Languages : en
Pages : 321

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Book Description
A clear and concise history of economic thought, developed from the author's award-winning book, The Wealth of Ideas.