Prices, Reproduction, Scarcity

Christian Bidard

355 pages, parution le 04/06/2004

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Résumé

In this definitive and exhaustive study, Christian Bidard develops a theory of prices of production. This theory, of classical inspiration, 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 and contrasts 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).

Sommaire

Single Production
- Principles
- The corn model
- A two-commodity economy
- A basic multisector economy
- Non-basic economies
- Relative prices
- Ricardo's theory of value
- The Labour Value
- Choice of technique
Joint production
- Joint production: a theoretical object
- Paradoxes and tools
- Engaging systems
- From von Neumann to Sraffa
- The notion of a sector
- Austrian and one-machine models
- Fixed-capital theory
- Rent theory
Questions of Method
- An agenda
- A Sraffian theory of choice of technique
- The structure of general equilibrium
- The marginal equalities
- Intertemporal models and prices of production
- Long-term prices and exhaustible resources
- An Overview
- Mathematical appendix: elements of combinatorial geometry

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Caractéristiques techniques

	PAPIER
Éditeur(s)	Cambridge University Press
Auteur(s)	Christian Bidard
Parution	04/06/2004
Nb. de pages	355
Format	16 x 24
Couverture	Relié
Poids	755g
Intérieur	Noir et Blanc
EAN13	9780521472838
ISBN13	978-0-521-47283-8