Prices
Issues in Theory, Practice, and Public Policy
1st Edition
Published on 11. November 2016
264 pages
978-1-5128-0587-1 (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.
More details
Series
Edition
Reprint 2016
Language
English
Place of publication
Pennsylvania
United States
Target group
College/higher education
ISBN-13
978-1-5128-0587-1 (9781512805871)
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Schweitzer Classification
Other editions
Additional editions
Book
06/1968
University of Pennsylvania Press
€88.00
Shipment within 10-20 days
Content
- Intro
- Preface
- Contents
- 1. BEHAVIORAL RULES AND THE THEORY OF THE FIRM
- 2. A DYNAMIC STOCHASTIC THEORY OF MANAGERIAL BEHAVIOR
- 3. AN ATTEMPT TO SYNTHESIZE SOME THEORIES OF THE FIRM
- 4. REQUIEM FOR A LIGHTWEIGHT: A CRITICAL HISTORICAL SKETCH
- 5. IN DEFENSE OF WAGE-PRICE GUIDEPOSTS . . . PLUS
- 6. WAGE AND PRICE DETERMINATION IN ? ACROECONOMETRICS
- 7. UNEMPLOYMENT AND INFLATION: THE CRUEL DILEMMA
- 8. REASONABLE RULES FOR RATE REGULATION: PLAUSIBLE POLICIES FOR AN IMPERFECT WORLD
- 9. PRACTICAL PROBLEMS OF MARGINAL-COST PRICING IN PUBLIC ENTERPRISE: ENGLAND
- 10. PRACTICAL PROBLEMS OF MARGINAL-COST PRICING IN PUBLIC ENTERPRISE: THE UNITED STATES
- 11. APPLICATIONS OF DECISION THEORY IN PRICING STRATEGY
- 12. MARKET MODELING-A CASE HISTORY
- 13. PSYCHOLOGICAL PRICING IN THE FOOD INDUSTRY
- 14. BUSINESS PRICING: THE IRRATIONAL USE OF IRRATIONAL RULES OF THUMB
- 15. THE UNDERLYING RATIONALITY OF BUSINESS PRICING DECISIONS
- 16. PRICING PRACTICES AND ANTITRUST
- Index
