Post Keynesian Price Theory

AvFrederic S. Lee,Phyllis Deane

Inbunden, Engelska, 1999

Del i serien Modern Cambridge Economics Series

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Beskrivning

Frederic Lee sets out the foundations of a post-Keynesian price theory through developing an empirically grounded production schema. The administered, normal cost and mark-up price doctrines are explained in parts I-III of the book, as many of their theoretical arguments are important for developing the foundations. This involves discussing the work of Gardiner Means, Philip Andrews, and Michal Kalecki as well as the developers of the doctrines, such as Edwin Nourse, Paolo Sylos Labini, Harry Edwards, Josef Steindl and Alfred Eisner. Drawing upon the arguments and formal modelling offered by the doctrines, in conjunction with empirical evidence from one hundred studies on pricing and production, Dr Lee develops an empirically grounded pricing model and production schema. He argues that the model and the schema together constitute the foundations for post-Keynesian price theory.

Produktinformation

Utgivningsdatum:1999-02-04
Mått:158 x 235 x 24 mm
Vikt:547 g
Format:Inbunden
Språk:Engelska
Serie:Modern Cambridge Economics Series
Antal sidor:292
Förlag:Cambridge University Press
ISBN:9780521328708

Utforska kategorier

Nationalekonomi inom Ekonomi och Ledarskap
Mikroekonomi inom Ekonomi och Ledarskap

Recensioner i media

"Frederic Lee has done Post Keynesian economic a great service...Keynesian Price Theory is compulsory reading for all those interested in a non-neoclassical approach to pricing." Review of Radical Political Economics

Innehållsförteckning

List of figures and tables; Acknowledgements; Introduction; Part I. The Doctrine of Administered Prices: 1. The origin of the doctrine of administered prices: from the modern corporation to industrial prices; 2. Gardiner Means' doctrine of administered prices; 3. Developments in the doctrine of administered prices; Part II. The Doctrine of Normal Cost Prices: 4. The origin of the doctrine of normal cost prices: the Oxford Economists' Research Group and full cost pricing; 5. Philip Andrews' theory of competitive oligopoly; 6. Developments in the doctrine of normal cost prices; Part III. The Doctrine of Mark Up Prices: 7. The origin of the doctrine of mark up prices: Michal Kalecki's microanalysis; 8. Kalecki's microanalysis and the war years; 9. Kalecki and the Cambridge contributions; 10. Josef Steindl and the stagnation thesis; Part IV. The Grounded Pricing Foundation of Post Keynesian Price Theory: 11. Pricing and prices; 12. The pricing model, the grounded pricing foundation, and Post Keynesian price theory; Appendices; Bibliography; Index.