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Item Details
Title: PRICES, REPRODUCTION, SCARCITY
By: Christian Bidard
Format: Paperback

List price: £38.00
Our price: £33.25
Discount:
12.5% off
You save: £4.75
ISBN 10: 0521180198
ISBN 13: 9780521180191
Availability: Usually dispatched within 1-3 weeks.
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Publisher: CAMBRIDGE UNIVERSITY PRESS
Pub. date: 6 December, 2010
Pages: 372
Description: The English edition of a 1991 French text revives the accents of classical theory to look at the theory of long-run competitive prices.
Synopsis: 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).
Illustrations: 30 b/w illus. 8 tables
Publication: UK
Imprint: Cambridge University Press
Returns: Returnable
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