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theory. Neoclassical indeterminacy occurs only in environments where relative prices can change through time; otherwise … capital-theoretic paradoxes arise in intertemporal general equilibrium modes, not just in aggregative theory, cannot be …
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: Overview of the Theory -- Chapter 4. Price Formation: Partial Equilibrium -- Chapter 5. Price Formation: General Equilibrium …This book establishes that neoclassical economics based on the marginal utility calculus failed to derive a theory of … rich narrative of price discovery theory consistent with experimental evidence based on operational concepts of discrete …
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