Socialist Incentive Schemes and the Price-Setting Problem

Jean Benard

Chapter 14 in Economic Reforms in the Socialist World, 1989, pp 214-233 from Palgrave Macmillan

Abstract: Abstract Socialist central economic planning, as it has been practised and theorised in the Soviet Union and most Eastern European countries, has long neglected the issues of decentralisation and pricing. Although this has been less the case since the reforms of the late 1960s, the emphasis of those reforms too has been on organisational and management rules rather than prices.

Keywords: Economic Reform; Shadow Prex; Central Planner; Natural Monopoly; Pivotal Mechanism (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-10668-4_15

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DOI: 10.1007/978-1-349-10668-4_15

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