Vilfredo Pareto

Considerations on the Fundamental Principles of Pure Political Economy (eBook, ePUB)

Redaktion: Marchionatti, Roberto; Mornati, Fiorenzo

• Format: ePub

Produktbeschreibung

As the first English language edition of Pareto's classic monograph on the fundamental issues in pure economic theory in the Lausanne tradition, this text constitutes a major milestone. Only available, until now, to a small number of international economists and historians of economics who read Italian this publication is a significant landmark in the history of economics.

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Produktdetails

• Verlag: Taylor & Francis
• Seitenzahl: 192
• Erscheinungstermin: 7. Mai 2007
• Englisch
• ISBN-13: 9781134149834
• Artikelnr.: 38245554

Autorenporträt

Roberto Marchionatti is Professor of Economics at the University of Torino, Italy. He has been a Visiting Scholar in Economics at New York University and at the University of Cambridge, UK., Fiorenzo Mornati is Assistant Professor of Economics at the University of Torino, Italy. He has been Assistant de Recherche at the University of Lausanne (Centre Walras-Pareto), Switzerland.

Inhaltsangabe

Introduction: Considerations on the Fundamental Principles of Pure
Political Economy, Part 1:
1. Introductory remarks
1. Difficulty of the topic
2. Explanation of the ways that have been followed in this work
3. Various quantitative methods
4. Various degrees of rationality in the principles assumed as the basis
of this science
5. Use of mathematics in Political Economy
6. Precautions required by the use of the mathematical method
7. A priori objections to the new theory
1. Value
2.1. Object of a theory of value
2.2. The hedonistic theory
2.3. Total utility and final degree of utility
2.4. Fundamental principle of hedonistic calculus
2. The economics of the individual
3.1. Reasons at play in determining a barter
3.2. Limit of the hedonistic theories
Considerations on the Fundamental Principles of Pure Political Economy, II.
(Giornale degli Economisti, June 1892)
1. Fundamental theorem of the transformation of any given number of goods
2. Final degree of utility of instrumental goods
3. Cases where the final degree of utility of money is approximately
constant
4. Relationship between the final degree of utility of money and the
prosperity of a people
5. The variety of human needs
6. Discontinuity of the phenomenon
7. Final degree of utility of instrumental goods of various orders
Considerations on the Fundamental Principles of Pure Political Economy,
III. (Giornale degli Economisti, August 1892)
1. Supply and Demand
2. Law of the variation of supply and demand
3. Law of supply and demand assuming that the final degree of utility of
an economic good decreases when the quantity of the latter increases
4. Determination of the final degree of utility when the laws of demand
and supply are known
5. Need for new phenomena to be considered
6. Numerical calculation of the final degrees of utility
7. Usefulness of measuring the final degrees of utility
8. Necessary qualities that restrict the laws of demand
9. Fungible economic goods
10. Average final degrees of utility for more than one person
11. Total utility
Considerations on the Fundamental Principles of Pure Political Economy, IV.
(Giornale degli Economisti, January 1893)
1. Fundamental property of final degrees of utility
2. Daniel Bernoulli's Theorem
3. Final degree of utility of money
Considerations on the Fundamental Principles of Pure Political Economy, V.
(Giornale degli Economisti, October 1893)
1. Most general form of the final degrees of utility
2. Some examples of total utility
3. Final degrees of utility corresponding to particular laws of supply and
demand
Pareto's Notes
Editors's Notes
Index