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.
Richard N. Cooper Richard Newell Cooper (born June 14, 1934) is an American economist, policy adviser, and academic.