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Explorations in Marx's Theory of Price - Why Marx Is Still Relevant for Understanding the Modern Economy : Volume I: Money and Money Prices

Nicholas, Howard - 2023

prices. This book will be of interest to academics and students of price theory, money and finance, political economy, and …, development theory, financial markets, the global economy, and the macro dynamics of a number of countries. He is the author of … Marx’s Theory of Price and its Modern Rivals (Palgrave Macmillan). …

Persistent link: https://www.econbiz.de/10013504712

Pharmaceutical Pricing and R&D as a Global Public Good

Frech, Henry Edward; Pauly, Mark V.; Comanor, William S.; … - National Bureau of Economic Research - 2023

A commonly held theory presumes that drug companies in the U.S set prices for patented drugs at profit- maximizing …We apply global public good theory to examine the pricing of branded drugs. To this end, we describe the optimal global …

Persistent link: https://www.econbiz.de/10014287373

Alternative approaches to labor values and prices of production : theory and evidence

Basu, Deepankar; Moraitis, Athanasios - 2023

theory, the New Interpretation of Marx's value theory, and the Sraffian approach to prices of production. We add two …

Persistent link: https://www.econbiz.de/10014292227

Platform Pricing Strategies When Consumers Web/Showroom

Navarra, Federico - 2023

This paper studies the effects of price parity clauses (PPC) on consumer surplus and platform profit by investigating the strategic interactions among horizontally differentiated multi-channel retailers selling through online platforms as well as in their the direct channel. Consumers first...

Persistent link: https://www.econbiz.de/10014262522

When Low is No Good : Predatory Pricing and US antitrust law (1950-1980)

Giocoli, Nicola - 2011

The history of predatory pricing law and economics is peculiar on account of the seemingly inescapable contradiction between the legal habit of condemning a business practice on account of its possible unfair and inefficient effects and the necessity of providing an economic rationale for the...

Persistent link: https://www.econbiz.de/10014207514

Chaotic Price Dynamics, Increasing Returns and the Phillips Curve

Chichilnisky, Graciela - 2009

Chaotic behavior of prices can emerge as a robust result from a very simple and standard price adjustment process. Consider the dynamics of prices adjusting according to supply and demand in economies with increasing returns to scale. Increasing returns in production implies the existence of a...

Persistent link: https://www.econbiz.de/10014209261

School Food Policy Affects Everyone : Retail Responses to the National School Lunch Program

Handbury, Jessie; Moshary, Sarah - 2021

We study the private market response to the National School Lunch Program, documenting economically meaningful spillovers to non-recipients. We focus on the Community Eligibility Provision (CEP), an expansion of the lunch program under the 2010 Healthy, Hunger-Free Kids Act. Under the CEP,...

Persistent link: https://www.econbiz.de/10014087766

Should Price Increases Be Targeted? -- Pricing Power and Selective vs. Across-the-Board Price Increases

Krishna, Aradhna - 2015

Firms in many industries experience protracted periods of pricing power, the ability to successfully enact price increases. In these situations, firms must decide not only whether to raise prices, but to whom. Specifically, in a competitive context, they must determine whether it is more...

Persistent link: https://www.econbiz.de/10013030018

Bankpolitik : eine Untersuchung des Grenzgebietes zwischen Kredittheorie, Preistheorie und Wirtschaftspolitik

Rittershausen, Heinrich - 1956

Persistent link: https://www.econbiz.de/10013393061

Equilibrium Pricing under Concave Advertising Costs

Kultti, Klaus; Pekkarinen, Teemu - 2022

We study Butters's (1977) model under concave advertising costs, and determine a class of cost functions such that each seller sends the same finite number of ads in equilibrium. Then we consider the limit economy where the number of buyers and sellers grow indefinitely, and show that the...

Persistent link: https://www.econbiz.de/10013324415