The generalisation of Coasian theorem to the power relationship amounts to depicting conflict as a bargaining process between conflictual parties that are, simultaneously, both partners and adversaries. This perspective leads to different models of 'rational conflicts' i.e. a threat of conflict...

This study endeavors to explicate the relevance of the Marshallian concept of normality in the evolution of supply curves and the price mechanism in time. This concept is based on the contradictory, or at least ambiguous, combination of an ex ante perspective of expectation formation and an ex...