This book offers a theoretical and unified explanation of how prices are determined in practice. Pricing, as observed in real life, turns out to be almost discriminatory. Four broad areas are covered: the spatial pricing of bulky products (Part I); the intertemporal pricing of storable goods, exhaustible resources, new durables, and nonstorable goods and services (Part II); two-part tariffs, commodity bundling, tie-ins, and nonlinear prices in general (Part III); and pricing of goods of different quality (Part IV). Each essay contains an introductory chapter describing the business practices that are to be rationalized and evaluated. This is the first unified treatment of a recent and growing body of literature in the 'new industrial organization' field. It fills the gap between textbook microeconomics and real-life antitrust cases. The treatment is as nontechnical and down to earth as possible to permit a wide audience for this comprehensive discussion of industrial pricing.
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Book Description
The first unified treatment of a recent and growing body of literature in the "new industrial organization" field, this book offers a theoretical and unified explanation of how prices are determined in practice.
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Inside This Book
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First Sentence:
It is tempting-and I shall not resist the temptation-to start with a plagiarism. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
intertemporal discrimination rule, gross demand curves, intertemporal price discrimination, spatial pricing techniques, spatial price discrimination, freight absorption, simple monopoly pricing, constrained welfare maximization, uniform delivered price, single basing point, phantom freight, nonlinear price schedule, discounted marginal revenue, fob pricing, commodity bundling, mixed bundling, storable goods, pure bundling, outlay schedule, nonlinear prices, block tariffs, fob price, delivered prices, reservation prices, distant buyers Key Phrases - Capitalized Phrases (CAPs): (learn more)
Northern Pacific, United States, Green Tariff, New York, Consumer Reports, Hours Hours New!
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
It is tempting-and I shall not resist the temptation-to start with a plagiarism. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
intertemporal discrimination rule, gross demand curves, intertemporal price discrimination, spatial pricing techniques, spatial price discrimination, freight absorption, simple monopoly pricing, constrained welfare maximization, uniform delivered price, single basing point, phantom freight, nonlinear price schedule, discounted marginal revenue, fob pricing, commodity bundling, mixed bundling, storable goods, pure bundling, outlay schedule, nonlinear prices, block tariffs, fob price, delivered prices, reservation prices, distant buyers Key Phrases - Capitalized Phrases (CAPs): (learn more)
Northern Pacific, United States, Green Tariff, New York, Consumer Reports, Hours Hours New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
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This book cites 23
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34
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- The Economics of Welfare (Classics in Economics) by Arthur Cecil Pigou on page 8, page 11, and Back Matter
- The Economics of Imperfect Competition, 2nd Edition by Joan Robinson on page 85, and Back Matter
- Rat Race by Jacqueline Wilson in Back Matter
- Manufacturing Business (Modern Revivals in Economics) by P.W.S. Andrews in Back Matter
- Welfare Economics (International Library of Critical Writings in Economics)(3 Vol.) by Charles A. Wilson in Back Matter
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- Market Structure and Competition Policy: Game-Theoretic Approaches by George Norman on 6 pages
- Applied Industrial Economics by Louis Phlips in Front Matter (1), Front Matter (2), and page 172
- Hollywood's Road to Riches by David Waterman in Back Matter (1), and Back Matter (2)
- Telecommunications Pricing: Theory and Practice by Bridger M. Mitchell in Back Matter
- Topics in Microeconomics: Industrial Organization, Auctions, and Incentives by Elmar Wolfstetter in Back Matter
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