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.
Hans-Hermann Hoppe Hans-Hermann Hoppe (] ; born September 2, 1949) is a German-born American Austrian School economist, and libertarian anarcho-capitalist philosopher. He is Professor Emeritus of Economics at the University of Nevada, Las Vegas, Senior Fellow of the Ludwig von Mises Institute, and the founder and president of the Property and Freedom Society.