Corrigendum to "Class and Exploitation in General Convex Cone Economies" [Journal of Economic Behavior and Organization, 75 (2010) 281-296]
AbstractIn this paper, we correct a flaw in Proposition 1 of Yoshihara (2010). The original proof of Proposition 1 is correct only with the existence of reproducible solutions with zero profit rate. In contrast, this note provides an alternative characterization of the domain of economies under which the existence of reproducible solutions with possibly non-zero maximal profit rates is shown.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Institute of Economic Research, Hitotsubashi University in its series Discussion Paper Series with number 560.
Length: 6 p.
Date of creation: Feb 2012
Date of revision:
convex cone economies; reproducible solutions;
Find related papers by JEL classification:
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- D46 - Microeconomics - - Market Structure and Pricing - - - Value Theory
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-02-27 (All new papers)
You can help add them by filling out this form.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Hiromichi Miyake).
If references are entirely missing, you can add them using this form.