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The transformation of values into prices on the basis of random systems revisited: reply to my commentators

  • This paper defends The Transformation of Values into Prices on the Basis of Random Systems, published in EIER, by answering to the Comments made in the same journal by Professors Mori, Morioka and Yamazaki. The clarifications mainly concern the justification of the randomness assumptions, the conditions needed to obtain the equality of total profit with total surplus value in the simplified one-industry system and the invariance of the results to changes in the units of measurement.

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Author:Bertram SchefoldORCiDGND
URN:urn:nbn:de:hebis:30:3-715291
DOI:https://doi.org/10.1007/s40844-020-00174-1
ISSN:2188-2096
Parent Title (English):Evolutionary and institutional economics review
Publisher:Springer International Publ.
Place of publication:Cham
Document Type:Article
Language:English
Date of Publication (online):2020/05/30
Date of first Publication:2020/05/30
Publishing Institution:Universitätsbibliothek Johann Christian Senckenberg
Release Date:2023/03/28
Tag:Capital theory; Marxian economics; Profits and distribution; Sraffian economics; Transformation problem
Volume:18
Issue:1
Page Number:18
First Page:317
Last Page:334
Note:
Open Access funding provided by Projekt DEAL.
HeBIS-PPN:508737389
Institutes:Wirtschaftswissenschaften
Dewey Decimal Classification:3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft
JEL-Classification:B History of Economic Thought, Methodology, and Heterodox Approaches (Updated!) / B1 History of Economic Thought through 1925 / B14 Socialist; Marxist
B History of Economic Thought, Methodology, and Heterodox Approaches (Updated!) / B1 History of Economic Thought through 1925 / B16 History of Economic Thought: Quantitative and Mathematical
B History of Economic Thought, Methodology, and Heterodox Approaches (Updated!) / B2 History of Economic Thought since 1925 / B24 Socialist; Marxist; Sraffian
C Mathematical and Quantitative Methods / C6 Mathematical Methods and Programming / C65 Miscellaneous Mathematical Tools
D Microeconomics / D5 General Equilibrium and Disequilibrium / D57 Input–Output Tables and Analysis
Sammlungen:Universitätspublikationen
Licence (German):License LogoCreative Commons - CC BY - Namensnennung 4.0 International

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