This paper proposes a textual analysis of Marshall’s theory of firm pricing behavior under competitive conditions. It … considers to what extent average cost and marginal cost pricing rules characterize Marshall’s competitive partial equilibrium …

This note comments briefly on Mehdad Vahabi's article on Alfred Marshall's concept of "Normal Value." It points out, in … particular, the relationship between normality and equilibrium in the context of Marshall's moving equilibrium method. …

Alfred Marshall was by no means ignored, but his influence on Swedish economic thought at the end of the 19th and … Jevons, Menger, Walras and, especially, Böhm-Bawerk. Gustav Cassel was inspired especially by Walras, but preferred Marshall … to Böhm-Bawerk. There are not many references to Marshall in Heckscher's writings, but there may have been an indirect …

This paper proposes a textual analysis of Marshall's theory of firm pricing behavior under competitive conditions … the work of Alfred Marshall; and I argue that, even though only partial evidence can be found to support the adoption of … the notion of marginal cost pricing by Marshall, he developed some concepts, such as the distinction between short and …

Marshall’s – particularly to his essay, “The Present Position of Economics” (1885). The Walrasian approach is a bottom …-up, engineering vision: economics must be built on secure foundations of primitive theory, like a building. Marshall’s approach is a … empirically determining what lies behind them. Marshall’s methodology places the relationship between theory and empirical tools …

Both J. S. Mill and A. Marshall had a lifelong interest in the living conditions of the working classes and theorized … arguments put forward by them in the period ranging from Mill's to Marshall's Principles, against the background of the evidence …

“Marshall's problem” consists in finding a way to integrate physics and biology into economics in order to represent a … complex economic world. It is widely believed that Alfred Marshall was the first to address the issue, but he failed to … integrate the two methodological approaches into economics. In particular the prevailing view is that Marshall was unable to …

This paper shows that Marshall's theory is generally equivalent to Walras's one. It shows that Walras used two types of …. Marshall also used both types of demand curves (function); however he did so in a very simplified and vague manner. Walras used … any individual or any group of individuals. Marshall also used the same method, but in an incomplete form. Despite that …

Marshall's theory of capital was designed to serve two main purposes: an integration of the theory of income … Marshall's theory of capital was the establishment of a functional link between the theory of value and the theory of money. As … a quantity-theorist, Marshall held a "real" theory of the long-period determination of the rate of interest, in the …