Meijer, Gerrit; Vogel, Richard F.A. - In: Journal of Economic Studies 27 (2000) September, pp. 416-420
Investigates the fate of Gossen’s ideas and discusses his life, work and influence. Gossen formulated three laws. First, he formulated the law of diminishing marginal utility, which became the foundation of the later marginalist schools. Second, he formulated the law of want equalization which...