marginalism
marginal-utility economics

Marginalism is the use of marginal concepts to explain economic phenomena.

Marginalism is an integral part of mainstream economic theory.

This means that, in marginalism, commodities exchange at the marginal amount of labour necessary to produce them.

It was an expression of a proud marginalism.

Karl Marx died before marginalism became the interpretation of economic value accepted by mainstream economics.

"Racial marginalism has always forced a resiliency on it.

The third step from political economy to economics was the introduction of marginalism and the proposition that economic actors made decisions based on margins.

To illustrate marginalism, he gave the following example:

She is impatient with politics, and with what she sees as the marginalism of the Greens.

It was initially rejected; in fact, some authors tried to prove that marginalism necessarily failed when used as a basis for building such theories.

Demand curves are explained by marginalism in terms of marginal rates of substitution.

Maurice Dobb argued that prices derived through marginalism depend on the distribution of income.

It was about a rootless, footloose, alienated marginalism.

From this, and from theories of marginalism, Wicksell defended a place for government intervention to improve national welfare.

But marginalism and the concept of marginal utility predate the establishment of this convention within economics.

In my opinion, Al Campanis was incapable of prejudice because he had faced marginalism in his own life.

Unlike other historicists, Weber also accepted the marginal theory of value (also called "marginalism") and taught it to his students.

Marginalism: the Shapley value can be defined as a function which uses only the marginal contributions of player i as the arguments.

Marginalism is the theory that economic value results from marginal utility and marginal cost (the marginal concepts).

It can also be thought of as an application of the principle of marginalism to understanding the effect of charitable donations.

The doctrines of marginalism and the Marginal Revolution are often interpreted as somehow a response to Marxist economics.

The neoclassical tradition that emerged from British marginalism abandoned the concept of utility and gave marginal rates of substitution a more fundamental role in analysis.

In microeconomics, principal concepts include supply and demand, marginalism, rational choice theory, opportunity cost, budget constraints, utility, and the theory of the firm.

Marginalism and neoclassical economics typically explain price formation broadly through the interaction of curves or schedules of supply and demand.

The School of Lausanne is associated with the development of general equilibrium theory as well as the marginalist revolution Marginalism.