Profits, learning and the convergence of satisficing to marginalism

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Abstract

Introduction, 302. — The learning model, 304. — Demand, cost, and environmental feedback, 307. — Satisficing's convergence to marginalism, 308. — A simple example, 310. © 1967, by the President and Fellows of Harvard College.

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Day, R. H. (1967). Profits, learning and the convergence of satisficing to marginalism. Quarterly Journal of Economics, 81(2), 302–311. https://doi.org/10.2307/1879588

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