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Principles of Exchange and Power

Integrating the Theory of Social Institutions and the Theory of Value


Nikolaus Horster

Contents: The hidden presuppositions of the General Equilibrium Theory - The workings of the Theory of Social Institutions - Game-theoretical versus Power-based theories - The basic principles in Sociology and Economics - «Power» and «Exchange» - and their relationship - The merging of the two theoretic concepts - Illustrating examples.