Neo-Schumpeterian price theory with Sraffian and post-Keynesian elements
Access Status
Fulltext not available
Embargo Lift Date
2018-12-11
Authors
Date
2017Type
Journal Article
Metadata
Show full item recordAbstract
© 2017 Springer-Verlag GmbH Germany, part of Springer Nature This paper contributes to the development of a neo-Schumpeterian price theory by combining elements of Sraffian and post-Keynesian price theory with elements drawn from Schumpeter’s own theory of prices. The result is an integrated heterodox approach to price theory incorporating the realism of post-Keynesian pricing rules and the rigour of Sraffa’s formal modelling, along with Schumpeter’s insight that capitalism develops “from within” in a disruptive and uneven manner.
Citation
Bloch, H. 2017. Neo-Schumpeterian price theory with Sraffian and post-Keynesian elements. Journal of Evolutionary Economics.
Source Title
Journal of Evolutionary Economics
ISSN
School
School of Economics and Finance
Remarks
The final publication is available at Springer via http://dx.doi.org/10.1007/s00191-017-0545-1
Collection
Related items
Showing items related by title, author, creator and subject.
-
Pojanavatee, Sasipa (2013)Mutual funds are emerging as an opportunity for investors to automatically diversify their investments in such a way that all their money is pooled and the investment decisions are left to a professional manager. There ...
-
Woodside, Arch; Ozcan, T. (2009)This article offers a context-dependent theory of how price changes influence consumer purchase choice for fast moving consumer goods (FMCGs) for manufacturer (large household share) and retailer (small household share) ...
-
Bloch, Harry; Metcalfe, S. (2018)© The Author 2017. Published by Oxford University Press on behalf of Associazione ICC. All rights reserved. Our purpose in this paper is to consider developments in price theory required to facilitate the evolutionary ...