marginalist
Noun
Meaning
marginalist (plural marginalists)
A practitioner of marginalism.
Examples
Criticisms The philosopher Hans Albert has argued that the ceteris paribus conditions of the marginalist theory rendered the theory itself an empty tautology and completely closed to experimental testing.
Marginalist theory Although Walras came to be regarded as one of the three leaders of the marginalist revolution, Sandmo, Agnar (2011).
Within neo-classicism, the authors addressed consumer behaviour (in the form of indifference curves and simple versions of revealed preference theory ) and marginalist producer behaviour in both product and factor markets.
He writes that "actors in marginalist analysis have self-contained preferences; they do not have inter-subjective desires".