Re: [OPE] Vicenç on Sraffian output prices

From: Dave Zachariah <davez@kth.se>
Date: Wed Feb 09 2011 - 08:19:52 EST

On 9 February 2011 12:57, Jurriaan Bendien <jurriaanbendien@online.nl>wrote:

> (Vicenç Meléndez sent me this comment):
>
> > If you allow me a comment i would say:
> >
> > I agree that production prices are theoretical (and relative) prices.
> >
> > In the case of Sraffa there is no mention of demand and supply and
> > the prices are formed regardless of the quantity produced. There is
> > no average rate of profit but a rate of profit compatible with
> > relative prices. See Sinha
> > (
> http://wwwdocs.fce.unsw.edu.au/economics/Research/Heterodox/WorkingPapers/2007-11.pdf
> ).
> >
>
>
Thanks! It will be very interesting to compare this with Ian's work.

/Dave

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Received on Wed Feb 9 08:20:46 2011

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