A Monotonicity Law for Relative Prices

Christian BIDARD () and Ulrich Krause

Economic Theory, 1996, vol. 7, issue 1, pages 51-61

Abstract: It is shown that relative prices of production, which depend on the rate of profit in a complicated manner, satisfy nevertheless a monotonicity law when the Hilbert's projective metric is used as a measure.

Date: 1996

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Journal Article: A monotonicity law for relative prices (1995)
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