For a neo-Austrian model, the value of capital per head is independent of real properties. Copyright © 2010 The Author. Journal compilation © 2010 Blackwell Publishing Ltd.

The Ricardian dynamics describe the substitution of a new marginal method for an outgoing marginal method when demand increases. The process of extension or intensi…cation of cultivation allows for spasmodic changes in prices and rents but is smooth on the physical side. We criticize the notion...

The gap between the behavior of single and multiple-product systems is illustrated by numerical examples and simple economic arguments. It appears that none of the usual laws of single-product systems holds true in pure joint production, even in the framework studied by B. Schefold. In a more...

The parametric Lemke algorithm is used to show the existence of an odd number of solutions of a generalized bimatrix game in a certain domain. These solutions are classi?ed into two types according to the relative sign of two determinants. The British economist David Ricardo made an implicit use...