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Heuristic Remarks on Some Basic Concepts

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Market Demand

Part of the book series: Lecture Notes in Economics and Mathematical Systems ((LNE,volume 223))

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Abstract

Assume, we are able to prove a certain proposition for all elements of some set, M, satisfying a certain property G. The proposition, although still true, is void if no element of M has property G. The strongness of the proposition increases with the size of the subset, G, of those elements satisfying G. If G is large enough as to admit the interpretation that it represents the usual behavior in M, then one speaks of G as a generic property. That means, the property G is typical for the class or “genus” represented by the set M.

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© 1984 Springer-Verlag Berlin Heidelberg

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Trockel, W. (1984). Heuristic Remarks on Some Basic Concepts. In: Market Demand. Lecture Notes in Economics and Mathematical Systems, vol 223. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-46488-1_5

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  • DOI: https://doi.org/10.1007/978-3-642-46488-1_5

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-12881-6

  • Online ISBN: 978-3-642-46488-1

  • eBook Packages: Springer Book Archive

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