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 Anderson Harvill
Publisher:
ISBN:
Category : Value
Languages : en
Pages : 175

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

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Author: Erich Schneider
Publisher:
ISBN:
Category :
Languages : en
Pages : 59

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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: Eduard Carel Frans Joseph Schröder
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 144

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

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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: Carl Menger
Publisher: Cosimo Classics
ISBN:
Category : Business & Economics
Languages : en
Pages : 40

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Book Description
On the Origins of Money is a discussion of the history of money and currency, from its crudest form as cowrie shells, animal pelts, and salt in early societies to the coin and paper money we use today. Rather than focusing on the type or shape of the money, author and economist Carl Menger looks at the reasons behind monetary exchange and why money is so valuable (or where it gets its inherent value). His argument centers on the "saleableness" of the goods or commodities being sold-in other words, the more "saleable" (or valuable or in demand) an item is, the more money it is worth. Hence, money gets its value from the objects it pays for. This short work is an insightful look into the history and value of money for any student or professional economist.

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

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