Prices, Reproduction, Scarcity Bidard Hardback Cambridge University Press

Description: Prices, Reproduction, Scarcity The English edition of a 1991 French text revives the accents of classical theory to look at the theory of long-run competitive prices. Christian Bidard (Author) 9780521472838, Cambridge University Press Hardback, published 20 May 2004 372 pages 22.9 x 15.2 x 2.5 cm, 0.756 kg Originally published as a French edition in 1991, and first translated into English for this Cambridge edition in 2004, in this exhaustive study Christian Bidard develops a theory of prices of production. This theory breaks down the symmetry between producers and consumers and gives more importance to reproduction rather than scarcity. In his analysis of multiple-product systems, Bidard focuses on the notion of an all-engaging system which elucidates the link with von Neumann's theory; examines the notions of sector and vertical integration which make possible an elegant treatment of fixed capital; clarifies the status of the internal rate of return; proposes a general theory of rent. In the discussion of capital theory and marginal equalities or, more specifically, the treatment of exhaustible resources, Bidard compares different readings of Sraffa's work and revisits the question of relationships between classical theory (Smith, Ricardo, Marx) and the general equilibrium theory (Walras, Arrow, Debreu). 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. Subject Areas: Mathematics [PB], Economic theory & philosophy [KCA]

Price: 62.49 GBP

Location: AL7 1AD

End Time: 2025-01-17T10:06:32.000Z

Shipping Cost: 121.07 GBP