Prologue

Sabiou M. Inoua () and Vernon Smith ()
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Sabiou M. Inoua: Chapman University

Chapter Chapter 1 in Economics of Markets, 2022, pp 1-8 from Springer

Abstract: Abstract This book proposes a theory of competitive market price formation which generalizes and extends classical views beginning with Adam Smith.

Keywords: Marginal utility theory; Equilibrium; Classical economics; Neoclassical economics (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-08428-7_1

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DOI: 10.1007/978-3-031-08428-7_1

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