Birthdate: May 18, 1804
Sun Sign: Taurus
Birthplace: Fossano, Italy
Died: September 5, 1866
Jules Dupuit was a notable French civil engineer and economist who made significant contributions to economic theory. He is well-known for introducing the concept of diminishing marginal utility and identifying the demand curve as the marginal utility curve. His research on determining the optimal toll for a bridge played a key role in the development of the theory of consumer surplus. In addition, Dupuit analyzed the public welfare impacts of various prices and made important contributions to utility theory and economic development evaluation. Furthermore, he delved into topics such as monopoly, price discrimination, and groundwater flow equations.
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