Prices
Issues in Theory, Practice, and Public Policy
Published on 29. June 1968
Book
Hardback
264 pages
978-0-8122-7559-9 (ISBN)
Description
The sixteen essays in this collection are organized around five themes. The first group is concerned with the pricing implications of recent developments in the theory of the firm. The subject of the second group is wage-price guidelines, in theory and practice. The third set deals with pricing in regulated industries, with special attention to marginal cost pricing. Marketing models and empirical studies of pricing behavior are considered in the fourth set of essays. And the final group, closely related to this, deals with the rationality properties of business pricing decisions and the implications of pricing practices for antitrust enforcement.
If a common view on pricing emerges from these provocative and timely papers; it is that an eclectic approach to pricing theories, policies, and practices appears at this stage to be appropriate, since neither neoclassical theory nor recent amendments, extensions, or alternatives to it appear individually rich enough to embrace the full range of variety that pricing behavior affords.
If a common view on pricing emerges from these provocative and timely papers; it is that an eclectic approach to pricing theories, policies, and practices appears at this stage to be appropriate, since neither neoclassical theory nor recent amendments, extensions, or alternatives to it appear individually rich enough to embrace the full range of variety that pricing behavior affords.
More details
Series
Edition
Reprint 2016 edition
Language
English
Place of publication
Pennsylvania
United States
Target group
College/higher education
Product notice
Paper over boards
Dimensions
Height: 236 mm
Width: 160 mm
Thickness: 20 mm
Weight
553 gr
ISBN-13
978-0-8122-7559-9 (9780812275599)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
E-Book
11/2016
1st Edition
University of Pennsylvania Press
€220.99
Available for download
Persons
Almarin Phillips was Professor Emeritus of public policy, economics, and law at the University of Pennsylvania. Oliver E. Williamson is Professor of Economics at the University of California, Berkeley, and recipient of the 2009 Nobel Memorial Prize in Economic Sciences.
Content
1. Behavioral Rules and the Theory of the Firm
-R . M . Cyert and M. I. Kamien
2.A Dynamic Stochastic Theory of Managerial Behavior
-Oliver E. Williamson
3. An Attempt to Synthesize Some Theories of the Firm
-Almarin Phillips
4. Requiem for a Light-Weight: A Critical Historical Sketch
-Myron L. Joseph
5. In Defense of Wage-Price Guideposts . . . . Plus
-Sidney Weintraub
6. Wage And Price Determination in Macroeconometrics
-L. R . Klein
7 Unemployment and Inflation: The Cruel Dilemma
-James Tobin
8. Reasonable Rules for Rate Regulation: Plausible Policies for an Imperfect World
-William J. Baumol
9. Practical Problems of Marginal Cost Pricing in Public Enterprise: England
-Ralph Turvey
10. Practical Problems of Marginal Cost Pricing in Public Enterprise: The United States
-James R . Nelson
11. Applications of Decision Theory in Pricing Strategy
-Paul E. Green
12. Market Modeling: A Case History
-Ronald E. Frank
13. Psychological Pricing in the Food Industry
-Lawrence Friedman
14. Business Pricing: The Irrational Use of Irrational Rules of Thumb
-A. W. Zelomek
15. The Underlying Rationality of Business Pricing Decisions
-Alfred R. Oxenfeldt
16. Pricing Practices and Antitrust
-E.T. Grether
-R . M . Cyert and M. I. Kamien
2.A Dynamic Stochastic Theory of Managerial Behavior
-Oliver E. Williamson
3. An Attempt to Synthesize Some Theories of the Firm
-Almarin Phillips
4. Requiem for a Light-Weight: A Critical Historical Sketch
-Myron L. Joseph
5. In Defense of Wage-Price Guideposts . . . . Plus
-Sidney Weintraub
6. Wage And Price Determination in Macroeconometrics
-L. R . Klein
7 Unemployment and Inflation: The Cruel Dilemma
-James Tobin
8. Reasonable Rules for Rate Regulation: Plausible Policies for an Imperfect World
-William J. Baumol
9. Practical Problems of Marginal Cost Pricing in Public Enterprise: England
-Ralph Turvey
10. Practical Problems of Marginal Cost Pricing in Public Enterprise: The United States
-James R . Nelson
11. Applications of Decision Theory in Pricing Strategy
-Paul E. Green
12. Market Modeling: A Case History
-Ronald E. Frank
13. Psychological Pricing in the Food Industry
-Lawrence Friedman
14. Business Pricing: The Irrational Use of Irrational Rules of Thumb
-A. W. Zelomek
15. The Underlying Rationality of Business Pricing Decisions
-Alfred R. Oxenfeldt
16. Pricing Practices and Antitrust
-E.T. Grether