The Task of the Contemporary Theory of Pricing

Douglas C. Hague
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Douglas C. Hague: University of Manchester

Chapter Chapter 1 in Price Formation in Various Economies, 1966, pp 3-15 from Palgrave Macmillan

Abstract: Abstract My aim in this paper is to provide the equivalent of a’ keynote’ address for our Round Table Meeting. Our task is to give an authoritative and up-to-date statement of the theory and the practice of pricing in economies with very diverse economic, social, and political systems. I want, if I can, to define at the outset our field of interest, to identify the issues within this field which are already settled and to set out some of the unresolved issues. In this way our discussions may be more productive.

Keywords: Public Good; Marginal Cost; Price System; Round Table; Price Mechanism (search for similar items in EconPapers)
Date: 1966
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-08467-8_1

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DOI: 10.1007/978-1-349-08467-8_1

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