Munich Personal RePEc Archive

Value, Price of Production and Market Price

Freeman, Alan (2000): Value, Price of Production and Market Price.

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This entry, submitted to Philip O’Hara’s Encyclopedia of Political Economy but not included in it, contrasts the temporal and simultaneist approaches to the formation of price and its relation to value.

Keywords: price, value, transformation, Marx, TSSI, non-equilibrium, history of economic thought

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