A value-theoretic approach to economic dynamics and evolution—synthesizing different Marxian modules in a simulation model

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dc.date.accessioned2020-09-04T11:56:25Z
dc.date.available2020-09-04T11:56:25Z
dc.date.issued2020-05-08
dc.description.sponsorshipGefördert im Rahmen des Projekts DEAL
dc.identifierdoi:10.17170/kobra-202008281681
dc.identifier.urihttp://hdl.handle.net/123456789/11783
dc.language.isoeng
dc.relation.doidoi:10.1007/s43253-020-00008-1
dc.rightsNamensnennung 4.0 International*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/*
dc.subjectMarxeng
dc.subjecttheory of valueeng
dc.subjectevolutioneng
dc.subjectsocial exploitationeng
dc.subjectclass antagonismeng
dc.subjectaccumulationeng
dc.subjectreproductionengger
dc.subjectprofit rateeng
dc.subjectcrisiseng
dc.subjectsimulationeng
dc.subject.ddc330
dc.subject.swdSimulationger
dc.subject.swdWirtschaftstheorieger
dc.subject.swdEvolutionger
dc.subject.swdMarxismusger
dc.subject.swdAkkumulationger
dc.subject.swdArbeitsweltger
dc.subject.swdAusbeutungger
dc.subject.swdKritikger
dc.subject.swdReproduktionger
dc.subject.swdVolkswirtschaftger
dc.titleA value-theoretic approach to economic dynamics and evolution—synthesizing different Marxian modules in a simulation modeleng
dc.title.subtitlePart II: simulation experimentseng
dc.typeAufsatz
dc.type.versionpublishedVersion
dcterms.abstractThis part is devoted to simulation experiments based on the simulation model developed in part I from the value-theoretic reconstruction of the main parts of Marx’s critique of Political Economy. After introducing the main parameters and the range of their variation (Section 1), a singular run as well as a sensitivity analysis for the chosen standard configuration (‘moderation regime’) is presented in Section 2. This is accomplished by configurations depicting characteristics of the capitalist development emphasized by Marx, i.e. the social conflict regime (Section 3) and the crisis regime (Section 4). Finally, an assessment of the simulation results (Section 4) is given, and conclusions as well as research requirements are discussed (Section 5).eng
dcterms.accessRightsopen access
dcterms.creatorBeckenbach, Frank
dcterms.source.identifierEISSN 2662-6144
dcterms.source.issueIssue 2
dcterms.source.journalReview of Evolutionary Political Economyeng
dcterms.source.pageinfo221-243
dcterms.source.volumeVolume 1
kup.iskupfalse

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