exchange economy

Recently they have been forced to move toward a market based exchange economy.

Now, nothing in a one-shot exchange economy picks any particular point on the contract curve.

India's agrarian economy during this time was still a non-monetised exchange economy.

If there is to be a just exchange economy, the money that is used cannot have the quality of our money with an "absolute value".

In a simple exchange economy, the contract curve describes the set of bundles that exhaust the gains from trade.

The Freeconomy Community allows people to share, moving away from exchange economies towards a pay it forward philosophy.

Landauer's idea is that in a free exchange economy money must become equal compared to goods having the dual character of exchange and consumption.

In a pure exchange economy, a sufficient condition for the first welfare theorem to hold is that preferences be locally nonsatiated.

"The Uses of Money in the Theory of an Exchange Economy."

Consider a simple exchange economy with two identical agents, one (divisible) good, and two potential states of the world (which occur with some probability).

Narrative, Roland Barthes maintained, is part of an exchange economy, ultimately involving the reader's relation to the narrator and her seductions.

The Walrasian equilibria of an exchange economy in a general equilibrium model, will lie in the core of the cooperation game between the agents.

They do make it clear that copper was an important part of the exchange economies of Central and Southern Africa (Herbert 1984).

He shadowed a victorious hunt from Stone Age boats until the dying whale spouted blood, and followed the dried whale meat into villagers exchange economy.

Trade also called goods exchange economy is the transfer of ownership of goods from one person or entity to another by getting something in exchange from the buyer.

They included the extension of land communications, the establishment of an exchange economy, with markets and a single accepted currency, the standardization of the law and of a single language.

For an exchange economy with both an atomless sector and atoms, the paper gives alternative sufficient conditions for a core allocation to have a competitive restriction to the atomless sector.

Market economies or planned economies may be unnecessary in a post-scarcity age, though gift or exchange economies may take their place once the scarcity driving earlier types of economy disappears.

These changes of prime minister in part reflects the pressures affecting the small nation, including the transition from an exchange economy to a currency-based economy, an inherited system of government with only limited regard to Tuvaluan traditions of decision making.

I agree with the author's comments about the "gift/exchange economy", I don't think it's coincidental that hitching diminished at the same time as free festivals were clamped down upon and other sorts of alternative ways of living were increasingly difficult to sustain.

They would apply to a world in which no production is possible at all- a pure exchange economy - and they apply with equal validity to a world in which nature-given raw materials and labor are converted through production into consumer goods.

Rational economic exchange also called goods exchange economy is an economic transaction where goods or services are transferred from the provider for a return of relative value (compensation) from the receiver in a manner that advances the economic interests of both parties.

In particular, the "law of value" would have prevailed in pre-capitalist exchange economies, from Babylon to the 15th century, while the "transformed" prices would have materialized under capitalism: see Engels's quotation by Morishima and Catephores (1975), p. 310.

After Dejacque and others split from Proudhon due to the latter's support of individual property and an exchange economy, the relationship between the individualists, who continued in relative alignment with the philosophy of Proudhon, and the anarcho-communists was characterised by various degrees of antagonism and harmony.

These authors argued that, whatever one might say of his interpretation of capitalism, Marx's "value" theory retains its usefulness as a tool to interpret pre-capitalist societies, because, they maintained, in pre-capitalist exchange economies there were no "prices of production" with a uniform rate of return (or "profit") on capital.