class of definitions of exploitation that preserve the relation between exploitation and profits - called Profit-Exploitation …This paper analyses the Marxian theory of exploitation. A general axiomatic approach is developed which is appropriate … to study the concept of exploitation - what it is and how it should be captured empirically. Two properties are presented …

class of definitions of exploitation that preserve the relation between exploitation and profits - called Profit …This paper analyses the Marxian theory of exploitation. A general axiomatic approach is developed which is appropriate … to study the concept of exploitation - what it is and how it should be captured empirically. Two properties are presented …

class of definitions of exploitation that preserve the relation between exploitation and profits - called Profit-Exploitation …This paper analyses the Marxian theory of exploitation. A general axiomatic approach is developed which is appropriate … to study the concept of exploitation - what it is and how it should be captured empirically. Two properties are presented …

class of definitions of exploitation that preserve the relation between exploitation and profits - called Profit-Exploitation …This paper analyses the Marxian theory of exploitation. A general axiomatic approach is developed which is appropriate … to study the concept of exploitation - what it is and how it should be captured empirically. Two properties are presented …

This paper analyses the normative and positive foundations of the theory of exploitation as the unequal exchange of … labour (UEL). The key intuitions behind all of the main approaches to UEL exploitation are explicitly analysed as a series of … axiom - called Labour Exploitation - which defines the basic domain of all UEL exploitation forms and identifies the formal …

This paper analyses the normative and positive foundations of the theory of exploitation as the unequal exchange of … labour (UEL). The key intuitions behind all of the main approaches to UEL exploitation are explicitly analysed as a series of … axiom - called Labour Exploitation - which defines the basic domain of all UEL exploitation forms and identifies the formal …

In the standard Okishio-Morishima approach, the existence of profits is proved to be equivalent to the exploitation of … existence of profits and labor exploitation holds, whereas it is proved that there is no relation between profits and commodity … labor. Yet, it can also be proved that the existence of profits is equivalent to the “exploitation†of any good. Labor …

In the standard Okishio-Morishima approach, the existence of profits is proved to be equivalent to the exploitation of … labour. Yet, it can also be proved that the existence of profits is equivalent to the ‘exploitation’ of any good. Labour and … profits and labour exploitation holds, whereas it is proved that there is no relation between profits and commodity …

In the standard Okishio-Morishima approach, the existence of profits is proved to be equivalent to the exploitation of … labour. Yet, it can also be proved that the existence of profits is equivalent to the ‘exploitation’ of any good. Labour and … profits and labour exploitation holds, whereas it is proved that there is no relation between profits and commodity …

labour is synonymous with positive profits. A new definition of Marxian labor exploitation is proposed, which is shown to …This paper provides a mathematical analysis of the Marxian theory of the exploitation of labour in general equilibrium … models. The two main definitions of Marxian exploitation in the literature, proposed by Morishima (1974) and Roemer (1982 …