Prices and Production Elements of a System-Theoretic Perspective
My original intention in writing this book was to consider evolving mar ket systems and Hayekian criteria of efficiency (see von Hayek (1931, 1945) ), and to discover those formal structures which might possibly lie at the base of economic systems capable of evolution. Much work in this field had a...
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| Format: | eBook |
| Language: | English |
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Heidelberg
Physica-Verlag HD
1989, 1989
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| Edition: | 1st ed. 1989 |
| Series: | Contributions to Economics
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| Subjects: | |
| Online Access: | |
| Collection: | Springer Book Archives -2004 - Collection details see MPG.ReNa |
Table of Contents:
- O. Introduction
- 1. Time in the Economic Equations of Prices and Production
- 1.1. Production Equations
- 1.2. Price Equations
- 2. The System of Economic Quantity and Price Equations
- 2.1. Quantity Equations
- 2.2. Price Equations
- 2.3. Some Amplifications of the System
- 3. Prices and Production in Economic Theory
- 3.0. Introduction
- 3.1. Simultaneous-Equations Systems
- 3.2. Difference Equation Systems
- 3.3. Conclusion (The Problem of Control II): The Generalized Transformation Problem of Value Theory