Theory Related

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■Cournot duopoly model- 1838 
■Bernard duopoly model- 1880 
■Edge worth duopoly model- 1897  
■Stackeel duopoly model- 1933  
■Chamberlin duopoly model- 1934  
■Sweezy duopoly model- 1939 
■Neumann Morgenstern game theory model- 1944  
■Baumaul duopoly model- 1959  
●Relative income hypothesis- J S Densenberry.  
●Father of economics- Adam smith  
●Originator of law of demand- Alfred Marshall  
●Revealed preference theory- Paul Samuelsson  
●Cardinal utility/ neo classical approach- Alfred Marshall  
●Ordinal utility/ indifference curve- F Y edge worth, vilfredo Pareto, EE Slustky, J R Hicks and RGD Allen
●Price discrimination- A C pigou  
●Free entry & exit/ factor mobility concept- Adam smith  
●Exception of law of demand- Beham  
●Perfect competition-chembrlin
●Imperfect competition- John Robinson  
●Kinked demand curve- Paul sweezy in 1939  
●Consumer & producer surplus- Alfred Marshall  
●Material requisites well-being- A C pigou  
●Positive impact of monopoly- joseph Schumpeter  
●Wealth of nations- Adam smith

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