Marshallian

Adjective

Meaning

Marshallian (not comparable)

Of or relating to Alfred Marshall (1842–1924), influential economist.

Examples

A comparable measure of loss is the compensating variation, which depends on Hicksian demand instead of Marshallian demand. Source: Internet

To a logical purist of Wittgenstein and Sraffa class, the Marshallian partial equilibrium box of constant cost is even more empty than the box of increasing cost." Source: Internet

Hicks vs. Marshall An important distinction should be made between Hicksian (per John Hicks ) and Marshallian (per Alfred Marshall ) deadweight loss. Source: Internet

If these conditions do not hold, then the Marshallian model cannot be sustained. Source: Internet

The major advantages of Marshallian industrial districts arise from simple propinquity of firms, which allows easier recruitment of skilled labour and rapid exchanges of commercial and technical information through informal channels. Source: Internet

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