Intersubjective economics, theory of production, and the transformation problem

Thierry Levy

International Advances in Economic Research, 1997, vol. 3, issue 1, 37-45

Abstract: The intersubjectivist theory of value (surveyed in Levy [1990, 1994a] and Fullbrook [1994c, Section 4]) is founded on Simone de Beauvoir's conception of reciprocal desire and emphasizes the role of conventions and intersubjectivity in market relations. It treats money and markets as social institutions and argues that a money economy is fundamentally different from a real one. The tool of intersubjective economics is to offer a system for analyzing standard economic phenomena from a vantage point outside the equilibrium paradigm. But paradoxically, while the intersubjectivists developed intersubjective analysis of the firm [Eymard-Duvernay, 1989; Levy, 1994b, 1995c; Biencourt et al., 1994], the original intersubjectivist theory of value to which they refer is conceived in an exchange economy. This paper's aim, then, is to explore and discuss points for reducing the lack of a theory of production in intersubjective and measurement economics. Copyright International Atlantic Economic Society 1997

Date: 1997
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1007/BF02294999 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:iaecre:v:3:y:1997:i:1:p:37-45:10.1007/bf02294999

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/11294

DOI: 10.1007/BF02294999

Access Statistics for this article

International Advances in Economic Research is currently edited by Katherine S. Virgo

More articles in International Advances in Economic Research from Springer, International Atlantic Economic Society Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().