From Value to Absolute Prices: An Essay on Rational Economic Theory (notice n° 502333)
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| fixed length control field | 01594cam a2200157 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250121083047.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Laure Van Bambeke, Vincent |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | From Value to Absolute Prices: An Essay on Rational Economic Theory |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2006.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 47 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | This article summarizes a longer study reflecting on the main academic theories dealing with the transformation of value into production cost, all based on homogenous systems of equations. A departure from this theoretical corpus is needed, and should be built around a number of principles: First, the value of the production of a given period is the sum of values transferred from the previous periods and the added value created in the current period. Meanwhile, fixed capital (machinery) transmits its value in constant fractions over its useful life without redefining its value. Second, systems consisting of linear equations are preferred to the usual homogenous systems. Competition leads to capital transfers between branches, satisfying in the process the social need. The total engaged capital is not modified by variations in the price structure, and the equilibrium is restored by a change in the distribution of social work. Based on these hypotheses, it is possible to change the value of goods to production price, with the option of an algebraic or an arithmetic route. |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Innovations | o 24 | 2 | 2006-09-01 | p. 171-198 | 1267-4982 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-innovations-2006-2-page-171?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-innovations-2006-2-page-171?lang=en&redirect-ssocas=7080</a> |
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