 Actual and Potential Pricing Practices Under Public and Private OperationChapter 16 in Public and Private Enterprise in a Mixed Economy, 1980, pp 286-296 from Palgrave Macmillan Abstract: Abstract Many of the important differences between public and private ownership or management of large-scale enterprise show up in the pricing practices used in the sale of their products, in some cases even more significantly, though perhaps not as dramatically, as in the methods used for the determination of investment or the deployment of manpower. These differences are especially important in that in cases of natural monopoly, particularly where this relates to economies of scale, price policy decisions are logically prior to investment policy decisions, in that the desirability of a given investment cannot be properly determined without first deciding what pricing policy is to be followed in the utilisation of the investment. Some of these pricing practices seem strongly conditioned by the nature of the regime, others perhaps less so, but it is worthwhile just taking a passing look at some of these differences or perhaps simply tendencies. Keywords: Marginal Cost; Land Rent; Historical Cost; Transit Line; Capital Charge (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-16394-6_31 Ordering information: This item can be ordered from DOI: 10.1007/978-1-349-16394-6_31 Access Statistics for this chapter More chapters in International Economic Association Series from Palgrave Macmillan |
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