evolution of the rate of profit. The model explains how the tendency of the rate of profit to fall may emerge in a form of … simultaneous profit maximization for individual firms and even for the entire sector they belong. Both results may provide new …

This paper explores the concept of profit sharing as a prospective source of labour income. The paper suggests a …

This note investigates the possibility of profit raising entry in network industries where firms follow Corporate … conventional wisdom and shows another channel the preceding literature has so far not explored for the possibility of a profit …

macroeconomic foundations to the classical theory of distribution. This paper examines the decentralised, competitive mechanism …