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Schlicht, Ekkehart (May 2005): Normality as a Theoretical Concept. Comment on Mehrdad Vahabi. Discussion Papers in Economics 2005-10

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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.

Item Type:Paper (Discussion Paper)
Keywords:Marshall; normal value; equilibrium; moving equilibrium; temporary equilibrium; d'Alembert; Principle of Hicks-d'Alembert; ex ante - ex post;
Subjects:Economics
Economics > Discussion Papers in Economics
Economics > Discussion Papers in Economics > History of Economic Thought
Economics > Discussion Papers in Economics > Philosophy and Methodology of Economics
Dewey Classification:300 Social sciences
300 Social sciences > 330 Economics
Journal of Economic Literature classification:B13, B41
URN:urn:nbn:de:bvb:19-epub-649-0
Language:English
ID Code:649
Deposited On:31. May 2005
Last Modified:22. Nov 2011 13:15
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