Le Prix - by Paul Jorion[Reading report] by Alexis Lemeillet

2012-05-28

The author was part of the "Alternative Management" third year program in HEC in 2012. He has a specific interest for the implementation of projects that are economically and ecologically viable. He currently works as a consultant for Bio Intelligence Service, which is specialized in sustainable development strategies.

Taking a new look on how prices get formed, The Price can be summed up in a double way back: way back to Adam Smith on the one hand, to whom the price does not pop up by comparing supply and demand; way back to Aristotle on the other hand, to whom the price is reflecting a comparison between the social status of the buyer and the social status of the seller.

Quote article  Alexis Lemeillet, « Le Prix - by Paul Jorion », 28 may 2012, Alternative Management Observatory (AMO), [Reading report]
http://appli6.hec.fr/amo/Articles/Entry/Item/254.sls

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