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Gossen (company)
Gossen may refer to: Economics * Hermann Heinrich Gossen (1810–1858), Prussian economist ** Gossen's laws, his laws concerning such economic concepts as scarcity and marginal utility ** Gossen's second law ** Gossen Prize Other * Gossen, dative form of Gossa, a Norwegian island * Gossen IL Gossen Idrettslag is a Norwegian sports club from Aukra. It has sections for association football, handball and volleyball. The club was founded as a merger of ''Sør-Gossen FK'' and ''Nord-Gossen IL'' in 1967. The men's football team plays in ..., a sports club from Gossa See also * Franz Müller-Gossen (1871–1946), German painter * Gosen (other) {{disambiguation, surname ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hermann Heinrich Gossen
Hermann Heinrich Gossen (7 September 1810 – 13 February 1858) was a Prussian economist who is often regarded as the first to elaborate a general theory of marginal utility. Life and work Gossen studied in Bonn, then worked in the Prussian administration until retiring in 1847, after which he sold insurance until his death. Prior to Gossen, a number of theorists, including Gabriel Cramer, Daniel Bernoulli, William Forster Lloyd, Nassau William Senior, and Jules Dupuit had employed or asserted the significance of some notion of marginal utility. But Cramer, Bernoulli, and Dupuit had focussed upon specific problems, Lloyd had not presented any application, and if Senior actually employed to the development of more general theory then he did so in language that caused the application to be missed by most readers. Gossen's book ''Die Entwickelung der Gesetze des menschlichen Verkehrs, und der daraus fließenden Regeln für menschliches Handeln'' (''The Development of the Laws of Hu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gossen's Laws
Gossen's laws, named for Hermann Heinrich Gossen (1810–1858), are three laws of economics: * Gossen's First Law is the "law" of diminishing marginal utility: that marginal utilities are diminishing across the ranges relevant to decision-making. * Gossen's Second Law, which presumes that utility is at least weakly quantified, is that in equilibrium an agent will allocate expenditures so that the ratio of marginal utility to price (marginal cost of acquisition) is equal across all goods and services. :\frac=\frac\,\forall\left(i,j\right) :where :* U is utility :* x_i is quantity of the i-th good or service :* p_i is the price of the i-th good or service * Gossen's Third Law is that scarcity In economics, scarcity "refers to the basic fact of life that there exists only a finite amount of human and nonhuman resources which the best technical knowledge is capable of using to produce only limited maximum amounts of each economic good. ... is a precondition for economic value. Se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gossen's Second Law
Gossen's Second “Law”, named for Hermann Heinrich Gossen (1810–1858), is the assertion that an economic agent will allocate his or her expenditures such that the ratio of the marginal utility of each good or service to its price (the marginal expenditure necessary for its acquisition) is equal to that for every other good or service. Formally, :\frac=\frac~\forall\left(i,j\right) where * U is utility * x_i is quantity of the i-th good or service * p_i is the price of the i-th good or service Informal derivation Imagine that an agent has spent money on various sorts of goods or services. If the last unit of currency spent on goods or services of one sort bought a quantity with ''less'' marginal utility than that which would have been associated with the quantity of another sort that could have been bought with the money, then the agent would have been ''better off'' instead buying more of that other good or service. Assuming that goods and services are continuously divisi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gossen Prize
The Gossen Prize is an annual award given by the Verein für Socialpolitik to German-speaking economists under the age of 45 whose work gained international recognition. The jury—the extended committee of the Verein für Socialpolitik—especially considers the scientist's number of publications in prestigious English-speaking journals and his mentions on the Social Sciences Citation Index. The award is named after Hermann Heinrich Gossen. Recipients See also * List of economics awards *John Bates Clark Medal * Yrjö Jahnsson Award * Nakahara Prize * Assar Lindbeck Medal *Prix du meilleur jeune économiste de France Weblinks at Verein für Socialpolitik The Verein für Socialpolitik (), or the German Economic Association, is an important society of economists in the German-speaking area. History The Verein was founded in Eisenach in 1872 as a response to the "social question". Among its founde ... (socialpolitik.org) References {{Reflist Economics awards Awards wi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gossa (island)
Gossa (dative: Gossen) is an island in Aukra Municipality in Møre og Romsdal county, Norway. The island encompasses most of the municipality and has a ferry connection from the village of Aukrasanden across the Julsundet strait to the village of Hollingen on the mainland. About 80% of the municipal population (about 2,500 people) is located on the island. The island is flat and swampy, but it is well cultivated by farmland wherever possible. There are also some planted forests. The highest point on the island is the tall ''Jærmannburet''. The largest population centers on the island are the villages of Aukrasanden and Varhaugvika on the southeastern side and the village of Røssøyvågen on the west side. Aukra Auto runs bus service on the island. The natural gas from the Ormen Lange gas field is brought ashore at Nyhamna on the northeastern shore. Here the gas is processed and pumped through the world's longest underwater pipeline, the Langeled pipeline, to Ea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gossen IL
Gossen Idrettslag is a Norwegian sports club from Aukra. It has sections for association football, handball and volleyball. The club was founded as a merger of ''Sør-Gossen FK'' and ''Nord-Gossen IL'' in 1967. The men's football team plays in the 6. Divisjon, the seventh tier of Norwegian football. The team had a long streak in the 3. Divisjon, last from 1998 through 2006 File:2006 Events Collage V1.png, From top left, clockwise: The 2006 Winter Olympics open in Turin; Twitter is founded and launched by Jack Dorsey; The Nintendo Wii is released; Montenegro 2006 Montenegrin independence referendum, votes to declare .... Their best-known players are the Rindarøy and Breivik brothers , Knut Olav and Ole Martin, Emil Breivik and Mathias Varhaugvik Breivik. References Official site Football clubs in Norway Sport in Møre og Romsdal Aukra Association football clubs established in 1967 Handball clubs established in 1967 Volleyball clubs established in 1967 1967 establi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Franz Müller-Gossen
Franz Müller-Gossen (1871 – 16 March 1946) was a German painter from Mönchengladbach, Germany. He studied in Düsseldorf and is known for realistic maritime paintings showing sailing ships and steamships, sailing the high seas or by in bad weather conditions. Although he did not receive any fame while living, maritime art connoisseurs in Europe and in the United States recently grew interested in his works. Four paintings, amongst them ''Dampfer in bewegter See'' (Steamship in agitated sea) and ''Vollschiff unter Segeln'' (Clipper downwind), are currently visible since 1990 in the Warleberger Hof city museum (Schleswig-Holstein Schleswig-Holstein (; da, Slesvig-Holsten; nds, Sleswig-Holsteen; frr, Slaswik-Holstiinj) is the northernmost of the 16 states of Germany, comprising most of the historical duchy of Holstein and the southern part of the former Duchy of Sch ..., Germany). External links *Dampfer in bewegter See, Stadtmuseum Warleberger Hof*Vollschiff unte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
