Gossen (other)
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Gossen (other)
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, a sports club from Gossa See also * 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 ... (1871–1946), German painter * Gosen (other) {{disambiguation, surname ...
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Hermann Heinrich Gossen
Hermann Heinrich Gossen (7 September 1810 – 13 February 1858) was a German economist who is often regarded as the first to elaborate, in detail, a general theory of marginal utility. Prior to Gossen, a number of economic 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 applications of theory, and if Senior provided a detailed elaboration of the general theory he had developed, he had done so in language that caused his applications of theory to be missed by most readers. Life and family background Hermann Heinrich Gossen was born in Düren, Roer (department) (Roerdépartement, or Département de la Roer), First French Empire. Today that area is known as North Rhine-Westphalia, Germany. Hermann died in Cologne (Köln), North Rhine-W ...
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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 is a precondition for economic value. See also * Marginalism Marginalism is a theory of economics that attempts to explain the discrepancy in the value of goods and services by reference to their secondary, or marginal, utility. It states that the reason why the price of diamonds is high ...
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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 References {{Reflist External links at Verein für Socialpolitik The (; literally: Association for Social Policy), or the German Economic Association, is a society of economists in the German language, German-speaking area. History The was founded in Eisenach in 1872 as a response to the "social question ... (socialpolitik.org) Economics awards Awards ...
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Gossa (island)
Gossa 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 small island of Rindarøya lies just off the northwestern shore of Gossa. The two islands are connected by a bridge. 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 of the islan ...
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Gossen IL
Gossen Idrettslag is a Norwegian sports club from Aukra Municipality. 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 2006 was designated as the International Year of Deserts and Desertification. Events January * January 1– 4 – Russia temporarily cuts shipment of natural gas to Ukraine during a price dispute. * January 12 – A stampede during t .... 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 ...
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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 (; ; ; ; ; occasionally in English ''Sleswick-Holsatia'') is the Northern Germany, northernmost of the 16 states of Germany, comprising most of the historical Duchy of Holstein and the southern part of the former Duchy of S ..., Germany). External links *Dampfer in bewegter See, Stadtmuseum Warleberger Hof*Vollschiff unte ...
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