The Economy as a Process of Valuation (Hardcover)
Language: English
Published by Edward Elgar Publishing Ltd, Cheltenham, 1997
- Hardcover
- New
Seller: AussieBookSeller, Truganina, VIC, AustraliaAussieBookSeller
AbeBooks seller since June 22, 2007
Condition: New
£ 274.76
Quantity: 1 available
Add to basketItem description from seller
Hardcover. This text looks at the potential benefits of concept and theory formation along dynamic, evolutionary and valuation for understanding economic processes. The book begins by examining instrumentalism, valuation and the process of valuation, arguing that to choose involves valuation and therefore participation in the valuation process. It then focuses on Coase's work on institutions and considers the implications for a variety of subjects including the theory of the firm, and the theory and policy of externalities. After a discussion by Warren Samuels of the concept of coercion, the authors then consider cost, including its definition and the role of structure, law and rights. Finally, Kennith Boulding's work on "The Image" is examined, arguing that definitions of reality and values derive in part, from language, especially images conveyed by it, which involves valuation. The Economy as Process of Valuation sheds new light on the potential benefits of concept and theory formation along dynamic and evolutionary lines for understanding economic processes. The emphasis is on aspects of the economy as a process of valuation rather than as a mechanistic result of forces yielding unique determinate results. Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability.…
Seller Inventory # 9781858984179
- Title
- The Economy as a Process of Valuation (Hardcover)
- Author
- Warren J. Samuels
- Publisher
- Edward Elgar Publishing Ltd, Cheltenham
- Publication year
- 1997
- Condition
- new
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 1858984173
- ISBN 13
- 9781858984179
The book begins by examining instrumentalism and the process of valuation, arguing that to choose involves the process of valuation. It then focuses on Coases's work on institutions and considers the implications for a variety of subjects including the theory of the firm and the theory and policy of externalities - all aspects of the economy as a process of valuation. This is followed by analyses of the concepts of coercion and cost in economics, with special reference to one agent's interest being another agent's cost. Each elicits key aspects of analysis, valuation and the complexities and conflictual nature of valuation processes and structures. Finally, Kenneth Boulding's work on 'The Image' is examined, arguing that definitions of reality and values derive, in part from language.
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AussieBookSeller
Truganina, VIC, Australia
AbeBooks seller since June 22, 2007
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