Prices, Reproduction, Scarcity

Prices, Reproduction, Scarcity

by Christian Bidard, Ch Bidard
     
 

ISBN-10: 0521472830

ISBN-13: 9780521472838

Pub. Date: 05/28/2004

Publisher: Cambridge University Press

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

Overview

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.

Product Details

ISBN-13:
9780521472838
Publisher:
Cambridge University Press
Publication date:
05/28/2004
Pages:
372
Product dimensions:
5.98(w) x 8.98(h) x 0.98(d)

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.

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