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.
Peter J. Hammond (economist) Peter Jackson Hammond (born 9 May 1945), is the Marie Curie Professor of Economic Theory at the University of Warwick and an Emeritus Professor of Economics at Stanford University. He has made numerous significant contributions to the advancement of Economic Theory.