Retrospectives: The Origins of the Representative Agent
考察了阿尔弗雷德·马歇尔对代表性企业的发明及其在行业供给曲线中的应用,并分析了早期批评如何成功将代表性主体逐出经济学,这些批评同样适用于现代用法。
This paper examines Alfred Marshall's invention of the representative firm. Marshall first used the representative firm in order to describe an industry supply curve for an industry with heterogeneous firms. Despite Marshall's limited use of the notion, the representative agent was extensively criticized as an ephemeral, useless construct that was unable to account for economic growth and that ignored important heterogeneities. The criticisms succeeded in banishing the representative agent from economics. These initial criticisms are also shown to apply to modern uses of the representative agent as well.