The Marshallian demand function was named after an economist known as one of the founders of what?
Marshallian demand function In microeconomics, a consumer's Marshallian demand function (named after Alfred Marshall) specifies what the consumer would buy in each price and income or wealth situation, assuming it perfectly solves the utility maximization problem. Marshallian demand is sometimes called Walrasian demand (named after Léon Walras) or uncompensated demand function instead, because the original Marshallian analysis refused wealth effects.
Sherman J. Maisel Sherman Joseph Maisel (July 8, 1918 – September 29, 2010) was an American economist who served on the board of governors of the Federal Reserve System. Research on mortgage policy conducted by Maisel led to the expansion of the roles played by Fannie Mae and Ginnie Mae in encouraging the broader availability of loans to homeowners.