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Post Keynesian Price Theory

ISBN-10: 0521030218

ISBN-13: 9780521030212

Edition: 2006

Authors: Frederic S. Lee, Phyllis Deane, Gautam Mathur, Joan Robinson

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Description:

Setting out the foundations of post-Keynesian price theory, Frederic Lee examines the administered, normal cost and mark up price doctrines associated with post-Keynesian economics.
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Book details

Copyright year: 2006
Publisher: Cambridge University Press
Publication date: 11/2/2006
Binding: Paperback
Pages: 292
Size: 6.00" wide x 8.75" long x 0.75" tall
Weight: 0.990
Language: English

List of figures and tables
Acknowledgements
Introduction
The Doctrine of Administered Prices
The origin of the doctrine of administered prices: from the modern corporation to industrial prices
Gardiner Means' doctrine of administered prices
Developments in the doctrine of administered prices
The Doctrine of Normal Cost Prices
The origin of the doctrine of normal cost prices: the Oxford Economists' Research Group and full cost pricing
Philip Andrews' theory of competitive oligopoly
Developments in the doctrine of normal cost prices
The Doctrine of Mark Up Prices
The origin of the doctrine of mark up prices: Michal Kalecki's microanalysis
Kalecki's microanalysis and the war years
Kalecki and the Cambridge contributions
Josef Steindl and the stagnation thesis
The Grounded Pricing Foundation of Post Keynesian Price Theory
Pricing and prices
The pricing model, the grounded pricing foundation, and Post Keynesian price theory
Appendices
Bibliography
Index