Pricing Systems, Indexes and Price Behavior

Pricing Systems, Indexes and Price Behavior

by Nancy D. Ruggles, Richard Ruggles
     
 

This seminal work has a contemporary relevance for modern-day theorists and practitioners. The carefully selected essays provide a core analysis of pricing systems and the behavior and measurement of prices.. "This book will be invaluable to academics, statisticians, and policy-makers with an interest in microeconomics and pricing. See more details below

Overview

This seminal work has a contemporary relevance for modern-day theorists and practitioners. The carefully selected essays provide a core analysis of pricing systems and the behavior and measurement of prices.. "This book will be invaluable to academics, statisticians, and policy-makers with an interest in microeconomics and pricing.

Product Details

ISBN-13:
9781858989938
Publisher:
Elgar, Edward Publishing, Inc.
Publication date:
01/01/1999
Pages:
488
Product dimensions:
6.42(w) x 9.48(h) x 1.34(d)

Table of Contents

Foreword
Preface
Abstracts
List of Tables and Figures
Pt. 1Price Theory
1The Welfare Basis of the Marginal Cost Pricing Principle3
2Recent Developments in the Theory of Marginal Cost Pricing28
3Discriminatory and Competitive Pricing54
4The Value of Value Theory99
Pt. 2Price Measurement
5The Wholesale Price Index113
6Measuring the Cost of Quality126
7Domestic Price Statistics: Their Reliability as History and Their Usefulness for Economic Policy134
8Redundancy in Price Indexes for International Comparisons: A Stepwise Regression Analysis147
9Price Indexes and International Price Comparisons165
10The Wholesale Price Index: Review and Evaluation196
Pt. 3Price Behavior
11The Relative Movements of Real and Money Wage Rates293
12The Nature of Price Flexibility and the Determinants of Relative Price Changes in the Economy309
13Price Stability and Economic Growth in the United States356
14Chronic Inflation in the United States, 1950-73382
15The Anatomy of Earnings Behavior409
16The Measurement of the Supply and the Use of Labor441
Bibliography465
Index479

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