Image de Google Jackets
Vue normale Vue MARC vue ISBD

Hermann, Rau, Mangoldt: The Origins of the Supply Function in Germany (1830–1870)

Par : Type de matériel : TexteTexteLangue : français Détails de publication : 2005. Sujet(s) : Ressources en ligne : Abrégé : The paper traces the pre-marginalist origins of supply functions, focusing specifically on the contributions of Hermann, Rau, and Mangoldt. Using algebra and geometry, they reinterpreted classical economic theory which had been formulated for a different theoretical context, thus discovering the modern concept of the supply function. Despite their shortcomings, these early contributions to mathematical economics contributed to the development of economics by challenging the classical approach and heralding neo-classical theory. While classical theory held that costs of production depended on highly heterogeneous underlying phenomena, Hermann’s formulas and Rau and Mangoldt’s diagrams propose instead a unifying and symmetric interpretation of the behavior of production costs. In this sense, they anticipated Marshall’s belief that one single law accounts for any shape of the supply curve.
Tags de cette bibliothèque : Pas de tags pour ce titre. Connectez-vous pour ajouter des tags.
Evaluations
    Classement moyen : 0.0 (0 votes)
Nous n'avons pas d'exemplaire de ce document

80

The paper traces the pre-marginalist origins of supply functions, focusing specifically on the contributions of Hermann, Rau, and Mangoldt. Using algebra and geometry, they reinterpreted classical economic theory which had been formulated for a different theoretical context, thus discovering the modern concept of the supply function. Despite their shortcomings, these early contributions to mathematical economics contributed to the development of economics by challenging the classical approach and heralding neo-classical theory. While classical theory held that costs of production depended on highly heterogeneous underlying phenomena, Hermann’s formulas and Rau and Mangoldt’s diagrams propose instead a unifying and symmetric interpretation of the behavior of production costs. In this sense, they anticipated Marshall’s belief that one single law accounts for any shape of the supply curve.

PLUDOC

PLUDOC est la plateforme unique et centralisée de gestion des bibliothèques physiques et numériques de Guinée administré par le CEDUST. Elle est la plus grande base de données de ressources documentaires pour les Étudiants, Enseignants chercheurs et Chercheurs de Guinée.

Adresse

627 919 101/664 919 101

25 boulevard du commerce
Kaloum, Conakry, Guinée

Réseaux sociaux

Powered by Netsen Group @ 2025