Logo
DeutschClear Cookie - decide language by browser settings
Schlicht, Ekkehart (2005): Normality as a Theoretical Concept. Comment on Mehrdad Vahabi. Discussion Papers in Economics 2005-10
[img]
Preview

PDF

116kB

Abstract

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.