Was Jules Dupuit a Market Socialist: A Retrospective Note on Marginal Cost Pricing

Clarence Morrison

Atlantic Economic Journal, 2008, vol. 36, issue 1, 39 pages

Abstract: This paper examines the extent to which Dupuit preceded Hotelling in the theory of marginal cost pricing and the relation of marginal cost pricing to the Pigou–Robinson definition of exploitation, Coase’s multipart pricing, and the Kaldor compensation principle. Tsuneki’s partial rehabilitation of Hotelling’s proof of MC pricing is partially endorsed. Copyright International Atlantic Economic Society 2008

Keywords: Marginal cost pricing; Pareto optimality; Welfare optimization; B10; B12; B13; B14; B24; B25 (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:kap:atlecj:v:36:y:2008:i:1:p:31-39

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DOI: 10.1007/s11293-007-9099-1

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