William Stanley Jevons (jan 1, 1835 – jan 1, 1882)
Description:
- English- Carl Menger, Stanley Jevons, and Léon Walras agreed on two fundamental points:
1) the concept of utility
2) extra or additional utility is more important than total utility
- Concept of marginal utility
Added to timeline:
Date:
jan 1, 1835
jan 1, 1882
~ 47 years