indirect trade, money also must be used. Micro says that price is equal to marginal cost, rejecting trade theory’s claim that … trade is gainful. To remove these and other contradictions, price theory must be repaired. Money’s role in market clearing … must also be acknowledged. A new paradigm brings all of economics in a unified model of exchange. It abolishes the micro …

This paper attempts to specify theoretically the origins of money. Rather than the exchange-based view of neoclassical … economists where money is seen as a transaction cost-reducing instrument (and where exchange itself is asserted to be a universal … phenomenon), we argue that money is a social relationship, specifically a debt relationship, that emerges with propertied, class …

Although student international exchange programs commonly claim to facilitate participants' intercultural competence … was collected after they had completed an exchange program in Switzerland or France. Using the Cultural Responsiveness …

this study is to explore the role of social exchange in the outcomes of early-stage innovation collaborations. More … specifically, we explore the social facilitators of exchange and how such facilitators may influence collaboration outcomes. Social … exchange theory is used for this purpose. This longitudinal study is based on a 3-year collaboration project for innovation …

system. Waste Stock Exchange is an innovative and efficient instrument, if introduced in a solid legal and economic context …, as is typical of a free and competitive market. The Waste Stock Exchange Project is going to create a Web-based secondary …

There is a divisible commodity and money. Each agent has an endowment of the two goods and continuous, monotone, convex … preferences over bundles. Agents may benefit from trade. An exchange rule is a mapping that, for each profile of preferences …, calculates for each agent a trade that he finds acceptable, given his preferences. It is known that no strategy-proof exchange …