This paper aims at clarifying the relations between the caracteristics of the laws of value and the possibility of representing the market adjustment processes. It starts with a simplified model of a smithian economy which produces three commodities. We first look for the necessary conditions for equilibrium. We examine what happens when the agents' choices generate a variation of one of the parameters of the model. We show then that the market mechanisms cannot easily assure the return to an equilibrium position. Particularly, the caracteristics inherent to the smithian theory of value and revenues generate perturbations.Cet article vise à examiner les relations entre les caractéristiques des lois de la valeur et de la répartition et la p...
The paper considers a private ownership economy in which economic agents could realize their aims at...
Critics both within and outside of philosophy have challenged economics wholesale as unscientific. I...
The economists territory : market and market society Through developments in the economie of organ...
This paper aims at clarifying the relations between the caracteristics of the laws of value and the ...
This paper aims at clarifying the relations between the caracteristics of the laws of value and the ...
This paper tries to construe as fully as possible the context in which the movements of market price...
This article deals with market equilibrium and gives a synthesis of the instances in which markets d...
Price formation and classical equilibrium : a preliminary investigation The purpose of the paper is...
URL des Documents de travail :http://ces.univ-paris1.fr/cesdp/CESFramDP2007.htmDocuments de travail ...
The division of labour limited by the extent of the market : Smith's critique of the mercantilism. ...
The article examines equilibrium in a competitive market in which the mythical auctioneer is absent ...
The Smith dilemma refers to the inconsistency ('strictly an error') between the Smith theory on the ...
General Equilibrium Theory in econometrics is based on the vague notion of utility. Prices, dynamics...
The problem of price change: the limits of the walrasian theory This paper proposes a general equil...
Economie field, moral and political fields in Smith. This paper focuses on Smith's approach to econ...
The paper considers a private ownership economy in which economic agents could realize their aims at...
Critics both within and outside of philosophy have challenged economics wholesale as unscientific. I...
The economists territory : market and market society Through developments in the economie of organ...
This paper aims at clarifying the relations between the caracteristics of the laws of value and the ...
This paper aims at clarifying the relations between the caracteristics of the laws of value and the ...
This paper tries to construe as fully as possible the context in which the movements of market price...
This article deals with market equilibrium and gives a synthesis of the instances in which markets d...
Price formation and classical equilibrium : a preliminary investigation The purpose of the paper is...
URL des Documents de travail :http://ces.univ-paris1.fr/cesdp/CESFramDP2007.htmDocuments de travail ...
The division of labour limited by the extent of the market : Smith's critique of the mercantilism. ...
The article examines equilibrium in a competitive market in which the mythical auctioneer is absent ...
The Smith dilemma refers to the inconsistency ('strictly an error') between the Smith theory on the ...
General Equilibrium Theory in econometrics is based on the vague notion of utility. Prices, dynamics...
The problem of price change: the limits of the walrasian theory This paper proposes a general equil...
Economie field, moral and political fields in Smith. This paper focuses on Smith's approach to econ...
The paper considers a private ownership economy in which economic agents could realize their aims at...
Critics both within and outside of philosophy have challenged economics wholesale as unscientific. I...
The economists territory : market and market society Through developments in the economie of organ...