Planned Shortages and Price Theory

1977 ◽  
pp. 135-148
Author(s):  
T. M. Whitin
Keyword(s):  
Price Theory

Post Keynesian Price Theory

1999 ◽  
Author(s):  
Frederic S. Lee
Keyword(s):  
Price Theory

Kritik der Politischen Ökonomie im 21. Jahrhundert.

2017 ◽  
Vol 47 (188) ◽  
pp. 453-470 ◽  
Author(s):  
Hans-Peter Büttner
Keyword(s):  
Political Economy ◽  
Critical Theory ◽  
Scientific Community ◽  
New World ◽  
Neoclassical Economics ◽  
Price Theory ◽  
Transformation Problem ◽  
Iron Cage ◽  
Analytical Tools

While the majority of the scientific community holds Marxian Value and Price Theory to be internally inconsistent because of the so-called “transformation problem”, these claims can be sufficiently refuted. The key to the solution of the “transformation problem” is quite simple, so this contribution, because it requires the rejection of simultanism and physicalism, which represent the genuine method of neoclassical economics, a method that is completely incompatible with Marxian Critique of Political Economy. Outside of the iron cage of neoclassical equilibrium economics, Marxian ‘Capital’ can be reconstructed without neoclassical “pathologies” and offers us a whole new world of analytical tools for a critical theory of capitalist societies and its dynamics.

Essentials of Price Theory. B. S. Keirstead

1944 ◽  
Vol 52 (1) ◽  
pp. 81-81
Author(s):  
Lewis Severson
Keyword(s):  
Price Theory

scholarly journals Price theory based power management for heterogeneous multi-cores

2014 ◽  
Vol 42 (1) ◽  
pp. 161-176 ◽  
Author(s):  
Thannirmalai Somu Muthukaruppan ◽  
Anuj Pathania ◽  
Tulika Mitra
Keyword(s):  
Power Management ◽  
Price Theory

Roll over George Stigler: Berle and Means meet Chicago price theory

2010 ◽  
Vol 6 (1) ◽  
pp. 99-107 ◽  
Author(s):  
STEVEN G. MEDEMA
Keyword(s):  
Executive Compensation ◽  
Private Property ◽  
Chicago School ◽  
Price Theory ◽  
Modern Corporation

Abstract:Recent writings by Richard Posner in this Journal and elsewhere appear to mark a departure from the Chicago price theory tradition with which Posner long has been associated. This paper picks up on one facet of this: the similarity of Posner's views of the corporation, and of executive compensation in particular, to the perspective laid out by Adolf Berle and Gardiner Means in The Modern Corporation and Private Property – a perspective that has for decades been harshly rejected by the Chicago school.

Conceptualization of behavior in the traditional neoclassical general price theory

1985 ◽  
Vol 13 (2) ◽  
pp. 80-81
Author(s):  
John P. Barrados
Keyword(s):  
Price Theory

Carbon price: theory and practice of greenhouse gas emissions regulation

2021 ◽  
pp. 95-116
Author(s):  
Ilya Stepanov ◽  
Karina Galimova
Keyword(s):  
Greenhouse Gas ◽  
World Economy ◽  
Carbon Price ◽  
Theory And Practice ◽  
Low Carbon ◽  
Price Theory ◽  
Carbon Pricing ◽  
The World ◽  
Low Carbon Development ◽  
Effective Use

In the context of transition to low-carbon development, carbon price is rapidly gaining ground all over the world. Discussions on its implementation are under way in Russia as well. However, the use of carbon price as an indicator can be compounded by certain risks. In practice, to overcome them depends on the ability of carbon price designing to take into account the specifics of a country or industries where the regulation is introduced. The regulator needs to determine the specifics of carbon pricing, identify the acceptable degree of regulation and coverage of carbon price; consider the consequences for vulnerable sectors of population, companies, etc. The study aims at systematizing theory and practice of carbon pricing across various countries and regions of the world economy. Drawing on the analysis of fundamental and empirical works, the authors identify the factors that limit the effective use of carbon price; classify the key elements of carbon pricing design. Based on the analysis of international experience, the article provides recommendations on the development of a system for regulating carbon in Russia.

Sismondi’s Price Theory: From a Liberating to a Despotic Market

2021 ◽  
Vol 53 (4) ◽  
pp. 697-720
Author(s):  
Pascal Bridel
Keyword(s):  
Political Economy ◽  
Market Economy ◽  
Supply And Demand ◽  
Price Theory ◽  
Analytical Issue ◽  
Ricardian Approach ◽  
Wealth Of Nations

This article examines the evolution of Sismondi’s price theory as well as his concept of market from 1803 to 1838. Sismondi’s early 1803 price theory in terms of supply and demand is first examined and contrasted with that of Smith in the Wealth of Nations. The progressive alterations brought to this initial formulation are discussed with the help of the relevant chapters from Nouveaux Principes ([1819] 1827) and from Études (1836–1838). In price theory terms, throughout the years Sismondi grew more and more skeptical about the process through which these prices would come about. Connecting this analytical issue with his concept of republican justice, he comes to the conclusion that a market economy characterized by unlimited competition will never lead to a socially desirable solution: such an order is neither efficient, nor natural or spontaneous and political economy is not morally neutral. In short, for Sismondi, the market never stood alone while, for him, the Ricardian approach gave nearly exclusive pride of place to market in the pursuit of wealth and happiness.

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