Aims to serve as a contribution to economic theory, as well as to the evaluation of market socialism. The text includes chapters on sensitivity analysis, numerical implementation and benchmark solutions.

This book is a contribution to economic theory as well as to the evaluation of market socialism. As a contribution to economic theory, the general equilibrium model, utilized in the research introduces the concept of "capital management effort" as a primary factor of production provided by the private household. As a contribution to the evaluation of market socialism, this research sheds light on the potential performance of a specific variant of market socialism known as "pragmatic" market socialism.

Pragmatic Market Socialism. The Proposal. Pros and Cons. A General Equilibrium Model. Theoretical Specification. Numerical Implementation. Appendix. Results. Benchmark Solutions. Sensitivity Analysis.