2.50
Hdl Handle:
http://hdl.handle.net/2173/14671
Title:
The industry supply curve: two different traditions
Authors:
Opocher, Arrigo; Steedman, Ian
Issue Date:
2006
URI:
http://hdl.handle.net/2173/14671
Abstract:
This paper seeks to provide some new insights into the precise nature and the analytical foundations (or lack of them) of the familiar industry supply curve. To this end, we reconsider some fundamental phases of its historical evolution. Two different traditions are distinguished: one consists of the formalisations of Marshall’s theory proposed by Barone and, later, by Pigou, Viner, Harrod and Robinson; the other consists of the models of Hicks and Allen, on the basis of ideas and criticism put forward by other LSE scholars, like Kaldor and Robbins, in the mid-1930s. It is argued that the second tradition did not really remedy the weak aspects of the Marshallian theory of supply.
Type:
Working Paper
Language:
en
Series/Report no.:
Discussion Papers in Economics

Full metadata record

DC FieldValue Language
dc.contributor.authorOpocher, Arrigo-
dc.contributor.authorSteedman, Ian-
dc.date.accessioned2007-11-22T13:49:02Z-
dc.date.available2007-11-22T13:49:02Z-
dc.date.issued2006-
dc.identifier.urihttp://hdl.handle.net/2173/14671-
dc.description.abstractThis paper seeks to provide some new insights into the precise nature and the analytical foundations (or lack of them) of the familiar industry supply curve. To this end, we reconsider some fundamental phases of its historical evolution. Two different traditions are distinguished: one consists of the formalisations of Marshall’s theory proposed by Barone and, later, by Pigou, Viner, Harrod and Robinson; the other consists of the models of Hicks and Allen, on the basis of ideas and criticism put forward by other LSE scholars, like Kaldor and Robbins, in the mid-1930s. It is argued that the second tradition did not really remedy the weak aspects of the Marshallian theory of supply.en
dc.format.extent187514 bytes-
dc.format.mimetypeapplication/pdf-
dc.language.isoenen
dc.relation.ispartofseriesDiscussion Papers in Economicsen
dc.titleThe industry supply curve: two different traditionsen
dc.typeWorking Paperen
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