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We present a model to analyze different equilibria that exist in an economy in which agents can choose the means of payment to use in trade ; i. e., inside or outside money. Our approach departs from the usual explanation of competition as a phenomenon related to money functions (means of...
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[fre] Produit, production, reproduction dans le Tableau économique. Les concepts et les mots. . Il est tentant d'opposer la démarche rétrospective de l'économiste théoricien, appréciant les théories anciennes à l'aune d'une méthodologie actuelle, et celle de l'historien respectueux des...
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[eng] The generally accepted explanation of persistent unemployment in our econo­mies is based on the theory of suboptimal equilibria. These equilibria are the out­come of general equilibrium theory where some market imperfections are introduced (real rigidities, asymmetry of information,...
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[fre] Monnaie et marché. Un point de vue critique sur les modèles de prospection. . Appliqués à la théorie de la monnaie, les modèles de prospection fournissent des réponses à des questions jusque-là non résolues. La raison fondamentale de ces succès tient à ce qu'ils étudient...
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Search models devoted to money theory greatly help in solving some unsettled problems mainly because they deal explicitly with the organisation of transactions and with the way individual agents meet and bargain. The purpose of this paper is to try to assess their importance for the general...
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The purpose of this paper is to confront accounting and economic theory and to discuss some basic points such (i) the relation between capitalism and double-entry book-keeping (ii) the congruence between mainstream economic theory and accounting principles (iii) the relation between stocks and...
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