Epstein Secrets

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n the price of 'identical' houses is locational scarcity. The fact that land in the centre of London is more expensive than land in the mountains of Wales has been dealt with in both classical and neo-classical economics using the concepts of marginality. Artificial scarcity, the reason that diamonds,

ng entropic systems should also remove many of the theoretical problems associated with imaginary Walrasian auctioneers and other such difficulties. Foley has made very significant inroads into this way of carrying out pricing [Foley 1996a, 1996b, 1999, 2002]. 214 EFTA00625342 All of the above for