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.

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Yes, you can access Prices by Almarin Phillips, Oliver E. Williamson, Almarin Phillips,Oliver E. Williamson in PDF and/or ePUB format, as well as other popular books in Economics & Public Finance. We have over one million books available in our catalogue for you to explore.

Information

Publisher

University of Pennsylvania Press Anniversary Collection

Year

2016

Print ISBN

9780812275599, 9780812275599

eBook ISBN

Topic

Subtopic

Index

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 Μ 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

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