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Author : Edward Francis Schröder
Publisher :
ISBN 13 :
Total Pages : 121 pages
Book Rating : 4.:/5 (711 download)
Download or read book The Marginal Utility Theory in the United States of America written by Edward Francis Schröder and published by . This book was released on 1947 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Eduard Carel Frans Joseph Schröder
Publisher :
ISBN 13 :
Total Pages : 144 pages
Book Rating : 4.3/5 (91 download)
Download or read book The Marginal Utility Theory in the United States of America written by Eduard Carel Frans Joseph Schröder and published by . This book was released on 1947 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Emil Kauder
Publisher :
ISBN 13 :
Total Pages : 248 pages
Book Rating : 4.:/5 (954 download)
Download or read book A history of marginal utility theory written by Emil Kauder and published by . This book was released on 1965 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mortimer Andron
Publisher :
ISBN 13 :
Total Pages : 74 pages
Book Rating : 4.:/5 (269 download)
Download or read book A Critical Examination of Some Underlying Assumptions of the Marginal Utility Theory written by Mortimer Andron and published by . This book was released on 1939 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Emil Kauder
Publisher : Princeton University Press
ISBN 13 : 1400877741
Total Pages : 271 pages
Book Rating : 4.4/5 (8 download)
Download or read book History of Marginal Utility Theory written by Emil Kauder and published by Princeton University Press. This book was released on 2015-12-08 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author blends historical narrative with a topical approach and discusses such aspects of the theory as measurement, total value, and imputation. Originally published in 1965. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Author : Silas Marcus Macvane
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.A/5 ( download)
Download or read book Marginal Utility and Value written by Silas Marcus Macvane and published by . This book was released on 1893 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Richard S. Howey
Publisher : Columbia University Press
ISBN 13 : 9780231071529
Total Pages : 316 pages
Book Rating : 4.0/5 (715 download)
Download or read book The Rise of the Marginal Utility School, 1870-1889 written by Richard S. Howey and published by Columbia University Press. This book was released on 1989 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Thorstein Veblen
Publisher : Read Books Ltd
ISBN 13 : 1473399114
Total Pages : 23 pages
Book Rating : 4.4/5 (733 download)
Download or read book The Limitations of Marginal Utility (Essential Economics Series: Celebrated Economists) written by Thorstein Veblen and published by Read Books Ltd. This book was released on 2015-02-10 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1909, this is a work by Thorstein Veblen, an American economist and sociologist. It is an article written for the Journal of Political Economy publication outlining some of his theories on economics. We are republishing this work with a brand new introductory biography of the author with the aim of placing it in the context of his other writings and achievements. The following passage is an extract from the article: 'The limitations of the marginal-utility economics are sharp and characteristic. It is from first to last a doctrine of value, and in point of form and method it is a theory of valuation. The whole system, therefore, lies within the theoretical field of distribution, and it has but a secondary bearing on any other economic phenomena than those of distribution -- the term being taken in its accepted sense of pecuniary distribution, or distribution in point of ownership.'
Author : Jonathan S. Franklin
Publisher : Routledge
ISBN 13 : 1317429494
Total Pages : 238 pages
Book Rating : 4.3/5 (174 download)
Download or read book A History of Professional Economists and Policymaking in the United States written by Jonathan S. Franklin and published by Routledge. This book was released on 2016-03-02 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the course of the twentieth century, professional economists have become a feature in the policymaking process and have slowly changed the way we think about work, governance, and economic justice. However, they have also been a frustrating, paradoxical, and in recent years, controversial fixture in American public life. This book focuses on the emergence and growth of professional economics in the U.S., examining the challenges early professional economists faced, which foreshadowed obstacles throughout the twentieth century. From the founding of the American Economic Association in 1885 to the depths of the Great Depression, this volume illustrates why some of the most optimistic and capable economic minds struggled to help smooth economic transitions and tame market fluctuations. Drawing on archival research and secondary sources, the text explores the emergence of professional economics in the United States and explains how economists came to be ‘irrelevant geniuses’. This book is well suited for those who study and are interested in American history, the history of economic thought and policy history.
Author : Daniel Friedman
Publisher : Routledge
ISBN 13 : 1317821238
Total Pages : 171 pages
Book Rating : 4.3/5 (178 download)
Download or read book Risky Curves written by Daniel Friedman and published by Routledge. This book was released on 2014-02-05 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: For several decades, the orthodox economics approach to understanding choice under risk has been to assume that each individual person maximizes some sort of personal utility function defined over purchasing power. This new volume contests that even the best wisdom from the orthodox theory has not yet been able to do better than supposedly naïve models that use rules of thumb, or that focus on the consumption possibilities and economic constraints facing the individual. The authors assert this by first revisiting the origins of orthodox theory. They then recount decades of failed attempts to obtain meaningful empirical validation or calibration of the theory. Estimated shapes and parameters of the "curves" have varied erratically from domain to domain (e.g., individual choice versus aggregate behavior), from context to context, from one elicitation mechanism to another, and even from the same individual at different time periods, sometimes just minutes apart. This book proposes the return to a simpler sort of scientific theory of risky choice, one that focuses not upon unobservable curves but rather upon the potentially observable opportunities and constraints facing decision makers. It argues that such an opportunities-based model offers superior possibilities for scientific advancement. At the very least, linear utility – in the presence of constraints - is a useful bar for the "curved" alternatives to clear.
Author : Charles Camic
Publisher : Harvard University Press
ISBN 13 : 0674659724
Total Pages : 505 pages
Book Rating : 4.6/5 (746 download)
Download or read book Veblen written by Charles Camic and published by Harvard University Press. This book was released on 2020-11-30 with total page 505 pages. Available in PDF, EPUB and Kindle. Book excerpt: A bold new biography of the thinker who demolished accepted economic theories in order to expose how people of economic and social privilege plunder their wealth from society’s productive men and women. Thorstein Veblen was one of America’s most penetrating analysts of modern capitalist society. But he was not, as is widely assumed, an outsider to the social world he acidly described. Veblen overturns the long-accepted view that Veblen’s ideas, including his insights about conspicuous consumption and the leisure class, derived from his position as a social outsider. In the hinterlands of America’s Midwest, Veblen’s schooling coincided with the late nineteenth-century revolution in higher education that occurred under the patronage of the titans of the new industrial age. The resulting educational opportunities carried Veblen from local Carleton College to centers of scholarship at Johns Hopkins, Yale, Cornell, and the University of Chicago, where he studied with leading philosophers, historians, and economists. Afterward, he joined the nation’s academic elite as a professional economist, producing his seminal books The Theory of the Leisure Class and The Theory of Business Enterprise. Until late in his career, Veblen was, Charles Camic argues, the consummate academic insider, engaged in debates about wealth distribution raging in the field of economics. Veblen demonstrates how Veblen’s education and subsequent involvement in those debates gave rise to his original ideas about the social institutions that enable wealthy Americans—a swarm of economically unproductive “parasites”—to amass vast fortunes on the backs of productive men and women. Today, when great wealth inequalities again command national attention, Camic helps us understand the historical roots and continuing reach of Veblen’s searing analysis of this “sclerosis of the American soul.”
Author : Ragnar Frisch
Publisher :
ISBN 13 :
Total Pages : 160 pages
Book Rating : 4.X/5 ( download)
Download or read book New Methods of Measuring Marginal Utility written by Ragnar Frisch and published by . This book was released on 1978 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Charles Karelis
Publisher : Yale University Press
ISBN 13 : 0300120907
Total Pages : 209 pages
Book Rating : 4.3/5 (1 download)
Download or read book The Persistence of Poverty written by Charles Karelis and published by Yale University Press. This book was released on 2007-01-01 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why hasn't the poverty rate fallen in four decades, despite society's massive and varied efforts? The notable philosopher Charles Karelis contends that conventional explanations of poverty rest on a mistake. And so do the antipoverty policies they generate. This book proposes a new explanation of the behaviors that keep people poor, including nonwork, quitting school, nonsaving, and breaking the law. Provocative and thoughtful, it finds a hidden rationality in the problematic conduct of many poor people, a rationality long missed by economists. Using science, history, fables, philosophical analysis, and common observation, the author engages us and takes us to a deeper grasp of the link between consumption and satisfaction, and from there to a new view of distributive justice and to fresh policy recommendations for combating poverty. With this bold work and original insights, the long-stalled campaign against poverty can begin to move forward once more.
Author : Stephen D. Rosenberg
Publisher : Harvard University Press
ISBN 13 : 0674979516
Total Pages : 355 pages
Book Rating : 4.6/5 (749 download)
Download or read book Time for Things written by Stephen D. Rosenberg and published by Harvard University Press. This book was released on 2021-01-12 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern life is full of stuff yet bereft of time. An economic sociologist offers an ingenious explanation for why, over the past seventy-five years, Americans have come to prefer consumption to leisure. Productivity has increased steadily since the mid-twentieth century, yet Americans today work roughly as much as they did then: forty hours per week. We have witnessed, during this same period, relentless growth in consumption. This pattern represents a striking departure from the preceding century, when working hours fell precipitously. It also contradicts standard economic theory, which tells us that increasing consumption yields diminishing marginal utility, and empirical research, which shows that work is a significant source of discontent. So why do we continue to trade our time for more stuff? Time for Things offers a novel explanation for this puzzle. Stephen Rosenberg argues that, during the twentieth century, workers began to construe consumer goods as stores of potential free time to rationalize the exchange of their labor for a wage. For example, when a worker exchanges his labor for an automobile, he acquires a duration of free activity that can be held in reserve, counterbalancing the unfree activity represented by work. This understanding of commodities as repositories of hypothetical utility was made possible, Rosenberg suggests, by the advent of durable consumer goods—cars, washing machines, refrigerators—as well as warranties, brands, chain stores, and product-testing magazines, which assured workers that the goods they purchased would not be subject to rapid obsolescence. This theory clarifies perplexing aspects of behavior under industrial capitalism—the urgency to spend earnings on things, the preference to own rather than rent consumer goods—as well as a variety of historical developments, including the coincident rise of mass consumption and the legitimation of wage labor.
Author : William Stanley Jevons
Publisher : New York, A.M. Kelley
ISBN 13 :
Total Pages : 424 pages
Book Rating : 4.5/5 (33 download)
Download or read book The Theory of Political Economy written by William Stanley Jevons and published by New York, A.M. Kelley. This book was released on 1965 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Wolfgang Hafner
Publisher : Springer Science & Business Media
ISBN 13 : 3540857117
Total Pages : 553 pages
Book Rating : 4.5/5 (48 download)
Download or read book Vinzenz Bronzin's Option Pricing Models written by Wolfgang Hafner and published by Springer Science & Business Media. This book was released on 2009-11-18 with total page 553 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1908, Vinzenz Bronzin, a professor of mathematics at the Accademia di Commercio e Nautica in Trieste, published a booklet in German entitled Theorie der Prämiengeschäfte (Theory of Premium Contracts) which is an old type of option contract. Almost like Bachelier’s now famous dissertation (1900), the work seems to have been forgotten shortly after it was published. However, almost every element of modern option pricing can be found in Bronzin’s book. He derives option prices for an illustrative set of distributions, including the Normal. - This volume includes a reprint of the original German text, a translation, as well as an appreciation of Bronzin's work from various perspectives (economics, history of finance, sociology, economic history) including some details about the professional life and circumstances of the author. The book brings Bronzin's early work to light again and adds an almost forgotten piece of research to the theory of option pricing.
Author : Nikolai Bukharin
Publisher : NYU Press
ISBN 13 : 085345261X
Total Pages : 231 pages
Book Rating : 4.8/5 (534 download)
Download or read book The Economic Theory of the Leisure Class written by Nikolai Bukharin and published by NYU Press. This book was released on 1972 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: Systematic criticism (written in 1914 from the point of view of Marxism), of bourgeois capitalist economic theories of value, of marginal utility and of profit - includes a bibliography pp. 211 to 215.
