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Look Inside Prices, Reproduction, Scarcity

Prices, Reproduction, Scarcity

$43.99 (C)

  • Date Published: February 2011
  • availability: Available
  • format: Paperback
  • isbn: 9780521180191

$ 43.99 (C)

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About the Authors
  • Christian Bidard develops a theory of production prices that analyzes the exchange relationship between producers and consumers, emphasizing reproduction potential, rather than scarcity. Bidard compares and contrasts different studies of Sraffa's work and reviews the question of relationships between classical theory (Smith, Ricardo, Marx) and the general equilibrium theory (Walras, Arrow, Debreu). This simplified and extended translation of Prix, Reproduction, Rareté (Dunod, 1991) provides an essential reference on the topic of price and production relationships.

    • Provides analysis of the relationships between classical and neoclassical theories
    • Progressive and comprehensive overview from the simplest (corn model) to more recent models (joint production, land, exhaustible resources)
    • Offers definitive constructions on sectors, fixed capital and choice of technique
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    Product details

    • Date Published: February 2011
    • format: Paperback
    • isbn: 9780521180191
    • length: 372 pages
    • dimensions: 229 x 152 x 20 mm
    • weight: 0.5kg
    • availability: Available
  • Table of Contents

    Part I. Single Production:
    1. Principles
    2. The corn model
    3. A two-commodity economy
    4. A basic multisector economy
    5. Non-basic economies
    6. Relative prices
    7. Ricardo's theory of value
    8. The labor value
    9. Choice of technique
    Part II. Joint Production:
    10. Joint production: a theoretical object
    11. Paradoxes and tools
    12. Engaging systems
    13. From von Neumann to Sraffa
    14. The notion of a sector
    15. Austrian and one-machine models
    16. Fixed capital theory
    17. Rent theory
    Part III. Questions of Method:
    18. An agenda
    19. A Sraffian theory of choice of technique
    20. The structure of general equilibrium
    21. The marginal equalities
    22. Intertemporal models and prices of production
    23. Long-term prices and exhaustible resources
    24. An overview
    Mathematical Appendix: elements of combinatorial geometry.

  • Author

    Christian Bidard, Université de Paris X

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