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Mezní užitek v originálním pojetí Carla Mengera
[Marginal utility theory in original conception of Carl Menger]

Author

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  • Martin Pěchouček

Abstract

The article claims that marginal utility theory (as the framework of neoclassical microeconomics) cannot be reduced into mere mathematical formula. Indeed, the theory is a chain of some general ideas reaching intrinsic roots of economics. Therefore the article does not focus on describing the theory itselfs and its application in consumer behavior theory, but endeavour for tracing out the backround, which has originated the concept of marginal utility. For the sake of clarity and simplicity of interpretation it was choosen Menger's Principles of Economics rather than Walras' or Jevons' works on this field in order to come true the stated target.

Suggested Citation

  • Martin Pěchouček, 1999. "Mezní užitek v originálním pojetí Carla Mengera
    [Marginal utility theory in original conception of Carl Menger]
    ," Politická ekonomie, University of Economics, Prague, vol. 1999(3).
  • Handle: RePEc:prg:jnlpol:v:1999:y:1999:i:3:id:41
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    References listed on IDEAS

    as
    1. André Sapir, 2006. "Globalization and the Reform of European Social Models," Journal of Common Market Studies, Wiley Blackwell, vol. 44(2), pages 369-390, June.
    2. Assar Lindbeck & Dennis J. Snower, 2001. "Insiders versus Outsiders," Journal of Economic Perspectives, American Economic Association, pages 165-188.
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