The transformation of values into prices on the basis of random systems revisited: reply to my commentators-Reference-Cited by-同舟云学术

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

Published:2020-05-30 Issue:1 Volume:18 Page:317-334
ISSN:1349-4961
Container-title:Evolutionary and Institutional Economics Review
language:en
Short-container-title:Evolut Inst Econ Rev

Author:

Schefold Bertram^ORCID

Abstract

AbstractThis 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.

Publisher

Springer Science and Business Media LLC

Link

https://link.springer.com/content/pdf/10.1007/s40844-020-00174-1.pdf

Reference9 articles.

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