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Prices, Reproduction, Scarcity Christian Bidard (Universite de Paris X)

Prices, Reproduction, Scarcity By Christian Bidard (Universite de Paris X)

Prices, Reproduction, Scarcity by Christian Bidard (Universite de Paris X)


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Summary

Christian Bidard revives the accents of classical theory to look at the theory of long-run competitive prices. This exhaustive book is the 2004 version of Prix, Reproduction, Rarete (Dunod, 1991) and aims to provide an essential reference on this topic.

Prices, Reproduction, Scarcity Summary

Prices, Reproduction, Scarcity by Christian Bidard (Universite de Paris X)

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).

About Christian Bidard (Universite de Paris X)

Christian Bidard is Professor of Economics at the University of Paris X-Nanterre. He is the editor or the author of several books on Sraffa's theory: Prix, Reproduction, Rarete (1991, La Rente (1987), La Production Jointe (1984), and its relationship with Keynesian theory. He is the author of over seventy papers in economic journals and books largely devoted to the theory of long-term competitive prices.

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.

Additional information

NPB9780521472838
9780521472838
0521472830
Prices, Reproduction, Scarcity by Christian Bidard (Universite de Paris X)
New
Hardback
Cambridge University Press
2004-05-20
372
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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