VALUE AND CAPITAL: A REVISITING THE HICKS

Regis Santos Mateus (), Fábio Rodrigues de Moura () and Tácito Augusto Farias ()
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Regis Santos Mateus: Universidade Federal de Sergipe (UFS)
Fábio Rodrigues de Moura: Universidade de Pernambuco (UFPE)
Tácito Augusto Farias: Universidade Federal de Sergipe (UFS)

Revista de Economia Mackenzie (REM), 2010, vol. 8, issue 3, 108-137

Abstract: This article discusses the main contributions of the Nobel Prize in Economics John Richard Hicks from his book Value and capital, published in 1939. The unity achieved by his method of analysis diagrammatic form, notwithstanding his mathematical brilliance, prints investigations and relevant innovations in the Theory of Consumer Demand, and on a broader basis in General Equilibrium Theory. The development of the idea of Marginal Rate of Substitution, the influence of income effect on demand, the concept of complementarity and integration of Theory with the Dynamic method of comparative statics are some of the topics that comprise the set of insights hicksians in Economic Theory.

Keywords: General equilibrium; Utility; Indifference. (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:aft:journl:v:8:3:2010:sep:dec:p:108-137

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