Normality as a Theoretical Concept

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.

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Year of publication:	2005-05
Authors:	Schlicht, Ekkehart
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Marshall \| normal value \| equilibrium \| moving equilibrium \| temporary equilibrium \| d'Alembert \| Principle of Hicks-d'Alembert \| ex ante - ex post

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Extent:	application/pdf
Series:	Discussion Papers in Economics.
Type of publication:	Book / Working Paper
Language:	English
Classification:	B13 - Neoclassical through 1925 ; B41 - Economic Methodology
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005649801