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Normality as a Theoretical Concept

  • Schlicht, Ekkehart

This note comments briefly on Mehdad Vahabi's article on Alfred Marshall's concept of "Normal Value." It points out, in particular, the relationship between normality and equilibrium in the context of Marshall's moving equilibrium method.

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Paper provided by University of Munich, Department of Economics in its series Discussion Papers in Economics with number 649.

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Date of creation: May 2005
Date of revision:
Handle: RePEc:lmu:muenec:649
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  1. Schlicht, Ekkehart, 1982. "Der Gleichgewichtsbegriff in der ökonomischen Analyse," Munich Reprints in Economics 3372, University of Munich, Department of Economics.
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