The Representative Firm

Marshall's idea of 'representative firm' was created to reconcile his dynamic view of individual firms with the static view of industries. But this idea was somewhat nebulous and did not last very long in the economics literature. Marshall first wrote about the representative firm in his "Principles of Economics" published in 1890 but the idea was driven out of the literature by 1928, when it was replaced by A. C. Pigou's idea of the 'equilibrium firm'

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Year of publication:	2019
Authors:	Walker, Paul
Publisher:	[2019]: [S.l.] : SSRN
Subject:	Großbritannien \| United Kingdom \| Unternehmen \| Enterprise

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Extent:	1 Online-Ressource (20 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 19, 2019 erstellt
Other identifiers:	10.2139/ssrn.3466052 [DOI]
Classification:	B13 - Neoclassical through 1925 ; D21 - Firm Behavior ; D40 - Market Structure and Pricing. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012861642