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- Marginalism abstract "Marginalism is a theory of economics that attempts to explain the discrepancy in the value of goods and services by reference to their secondary, or marginal, utility. The reason why the price of diamonds is higher than that of water, for example, owes to the greater additional satisfaction of the diamonds over the water. Thus, while the water has greater total utility, the diamond has greater marginal utility. The theory has been used in order to explain the difference in wages among essential and non-essential services, such as why the wages of an air-conditioner repairman exceed those of a childcare worker.The theory arose in the mid-to-late nineteenth century in response to the normative practice of classical economics and growing socialist debates about social and economic activity. Marginalism was an attempt to raise the discipline of economics to the level of objectivity and universalism so that it would not be beholden to normative critiques. The theory has since come under attack for its inability to account for new empirical data.Although the central concept of marginalism is that of marginal utility, marginalists, following the lead of Alfred Marshall, drew upon the idea of marginal physical productivity in explanation of cost. 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.[citation needed] Marginalism is an integral part of mainstream economic theory.".
- Marginalism wikiPageExternalLink mathpsychics.pdf.
- Marginalism wikiPageExternalLink value.
- Marginalism wikiPageExternalLink article?id=pde2008_M000392.
- Marginalism wikiPageExternalLink Marginalism.html.
- Marginalism wikiPageExternalLink www.introecon.com.
- Marginalism wikiPageID "221419".
- Marginalism wikiPageRevisionID "606203626".
- Marginalism hasPhotoCollection Marginalism.
- Marginalism subject Category:Economic_theories.
- Marginalism subject Category:History_of_economic_thought.
- Marginalism subject Category:Marginal_concepts.
- Marginalism subject Category:Value_theory.
- Marginalism type Abstraction100002137.
- Marginalism type Cognition100023271.
- Marginalism type Concept105835747.
- Marginalism type Content105809192.
- Marginalism type EconomicTheories.
- Marginalism type EconomicTheory105994935.
- Marginalism type Explanation105793000.
- Marginalism type HigherCognitiveProcess105770664.
- Marginalism type Idea105833840.
- Marginalism type MarginalConcepts.
- Marginalism type Process105701363.
- Marginalism type PsychologicalFeature100023100.
- Marginalism type Theory105989479.
- Marginalism type Thinking105770926.
- Marginalism comment "Marginalism is a theory of economics that attempts to explain the discrepancy in the value of goods and services by reference to their secondary, or marginal, utility. The reason why the price of diamonds is higher than that of water, for example, owes to the greater additional satisfaction of the diamonds over the water. Thus, while the water has greater total utility, the diamond has greater marginal utility.".
- Marginalism label "Grenznutzenschule".
- Marginalism label "Marginalism".
- Marginalism label "Marginalisme".
- Marginalism label "Marginalisme".
- Marginalism label "Marginalismo".
- Marginalism label "Marginalismo".
- Marginalism label "Prawo malejącej użyteczności krańcowej".
- Marginalism label "Revolução marginalista".
- Marginalism label "Маржинализм".
- Marginalism label "نظرية حدية".
- Marginalism label "边际主义".
- Marginalism label "限界効用理論".
- Marginalism sameAs Marginalismus.
- Marginalism sameAs Grenznutzenschule.
- Marginalism sameAs Marginalismo.
- Marginalism sameAs Marjinalismo.
- Marginalism sameAs Marginalisme.
- Marginalism sameAs Marginalismo.
- Marginalism sameAs 限界効用理論.
- Marginalism sameAs Marginalisme.
- Marginalism sameAs Prawo_malejącej_użyteczności_krańcowej.
- Marginalism sameAs Revolução_marginalista.
- Marginalism sameAs m.01g9_9.
- Marginalism sameAs Q910816.
- Marginalism sameAs Q910816.
- Marginalism sameAs Marginalism.
- Marginalism wasDerivedFrom Marginalism?oldid=606203626.
- Marginalism isPrimaryTopicOf Marginalism.