Marshall’s Approach to Decisions and Behaviors of Economic Units in His Value Theory

Year 2017, Volume: 6 Issue: 3, 2096 - 2111, 18.09.2017

Ünal Arslan , Arif Eser Güzel

Abstract

In Marshall’ s book the Principles of Economics Value "problematic
was discussed as in general economic approach instead of the decisions and
behaviors of the units. There is not a quest to find a general price level
which provides an equilibrium in all markets like Walrasian general equilibrium
in Marshall’s theory’s background. Especially Marshall's representative firm
approach that selection of the firm to represent all the economy rather than
random shows that he is interested in the economy as a whole from the micro
bases. In this study, we aimed to show that Marshallian value theory can be
summarized as “Marshall’s value theory is not an approach which propose
economic decisions and behaviors of consumers, firms and factor owner units one
by one”.

Keywords

Marshallian Value Theory, General Equilibrium, Economic Decision and Behavior, Quasi Rent, Representative Firm.

Marshall’ ın Değer Teorisinde Ekonomik Birimlerin Karar ve Davranışlarına Yaklaşımı

Abstract

Marshall’ın  “Principles
of Economics ” adlı eserinde, “değer” sorunsalına, birimlerin karar ve
davranışlarından çok, genel bir ekonomik yaklaşımın hâkim olduğu görülmektedir.
Marshall’ın değer teorisinin arka planında belli bir denge arayışı bulunmakla
birlikte, Walrasgil genel denge gibi, bütün piyasalarda dengeyi sağlayacak bir
fiyat düzeyi arayışı bulunmamaktadır. Çalışmanın temel amacı, “Marshall’ın değer teorisinin, tek tek tüketici
bireyler, üretici firmalar ve faktör sahibi bireylerin iktisadi karar ve
davranışlarını açıklamaya çalışan bir yaklaşım olmadığını göstermektir” şeklinde
özetlenebilecek bir bakış açısının, Marshall’ın değer teorisine hâkim olduğunu
göstermektir. 

Keywords

Marshallgil değer teorisi, genel denge, iktisadi karar ve davranış, Genel Denge, Quasi Rant

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