• Media type: E-Book
  • Title: Computational methods and classical-Marxian economics
  • Contributor: Cogliano, Jonathan [Author]; Veneziani, Roberto [Author]; Yoshihara, Naoki [Author]
  • Published: London: School of Economics and Finance, Queen Mary University of London, [2020]
  • Published in: School of Economics and Finance: Working paper ; 913
  • Extent: 1 Online-Ressource (circa 41 Seiten)
  • Language: English
  • Identifier:
  • Keywords: Computational Methods ; Agent-Based Models ; Classical Economists ; Marx ; Graue Literatur
  • Origination:
  • Footnote:
  • Description: This article surveys computational approaches to classical-Marxian economics. These approaches include a range of techniques - such as numerical simulations, agent-based models, and Monte Carlo methods - and cover many areas within the classical-Marxian tradition. We focus on three major themes in classical-Marxian economics, namely price and value theory; inequality, exploitation, and classes; and technical change, profitability, growth and cycles. We show that computational methods are particularly well-suited to capture certain key elements of the vision of the classical-Marxian approach and can be fruitfully used to make significant progress in the study of classicalMarxian topics.
  • Access State: Open Access