Price Adjustment And Market Structure
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Price Adjustment And Market Structure
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Author : Simon Domberger
language : en
Publisher:
Release Date : 1975
Price Adjustment And Market Structure written by Simon Domberger and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1975 with Inflation (Finance) categories.
Price Adjustment And Market Structure
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Author : C. Martin
language : es
Publisher:
Release Date : 1992
Price Adjustment And Market Structure written by C. Martin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with categories.
Industrial Market Structure And The Rate Of Price Adjustment
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Author : Simon Domberger
language : en
Publisher:
Release Date : 1977
Industrial Market Structure And The Rate Of Price Adjustment written by Simon Domberger and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1977 with Pricing categories.
Price Adjustment And Market Structure
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Author : Christopher Martin
language : en
Publisher:
Release Date : 1992
Price Adjustment And Market Structure written by Christopher Martin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Commerce categories.
Optimal Pricing Inflation And The Cost Of Price Adjustment
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Author : Eytan Sheshinski
language : en
Publisher: MIT Press
Release Date : 1993
Optimal Pricing Inflation And The Cost Of Price Adjustment written by Eytan Sheshinski and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Business & Economics categories.
These collected articles constitute what is perhaps the definitive study of pricing models under inflation, providing a solid basis for further research on this elusive question. What are the real effects of inflation? These collected articles constitute what is perhaps the definitive study of pricing models under inflation, providing a solid basis for further research on this elusive question. Covering a broad range of theory and applications by well-known microeconomists, the eighteen contributions evaluate the effects of inflation on aggregate output and on welfare and reveal the scope of recent efforts to explicitly incorporate frictions in economic models. A basic building block common to most of the essays in this volume is the observation that individual firms change nominal prices intermittently. The frequency and size of nominal price changes are influenced by the cost of price adjustment and changes in the economic environment, production costs, market demand, market structure, and most important, inflation. Thus the degree of nominal rigidity is influenced by the economic environment, and in a dynamic context. Two introductory essays survey the empirical studies of pricing policies by individual firms and the theoretical efforts to integrate the nominal rigidities at the micro level into macro relationships. The essays that follow treat the general problem of optimal dynamic adjustment in the presence of convex costs of adjustment, include applications of the inventory models to the case of nominal price adjustment by an individual firm, address the question of aggregation, introduce active search by consumers, and provide empirical analysis of nominal price rigidities.
Market Structure And Equilibrium
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Author : Heinrich von Stackelberg
language : en
Publisher: Springer Science & Business Media
Release Date : 2010-11-10
Market Structure And Equilibrium written by Heinrich von Stackelberg and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-11-10 with Business & Economics categories.
In his book „Marktform und Gleichgewicht“, published initially in 1934, Heinrich von Stackelberg presented his groundbreaking leadership model of firm competition. In a work of great originality and richness, he described and analyzed a market situation in which the leader firm moves first and the follower firms then move sequentially. This game-theoretic model, now widely known as Stackelberg competition, has had tremendous impact on the theory of the firm and economic analysis in general, and has been applied to study decision-making in various fields of business. As the first translation of von Stackelberg’s book into English, this volume makes his classic work available in its original form to an English-speaking audience for the very first time.
Market Structure And The Nature Of Price Rigidity
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Author : David Neumark
language : en
Publisher:
Release Date : 1989
Market Structure And The Nature Of Price Rigidity written by David Neumark and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Bank marketing categories.
The Price Mechanism Demand Supply And Market Structures
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Author : H. M. Kolsen
language : en
Publisher:
Release Date : 1970
The Price Mechanism Demand Supply And Market Structures written by H. M. Kolsen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1970 with Business & Economics categories.
Industry Structure And The Dynamics Of Price Adjustment
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Author : Anindya Banerjee
language : en
Publisher:
Release Date : 1999
Industry Structure And The Dynamics Of Price Adjustment written by Anindya Banerjee and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with categories.
Inflation And Market Structure 1967 1973
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Author : Phillip Cagan
language : en
Publisher:
Release Date : 1974
Inflation And Market Structure 1967 1973 written by Phillip Cagan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1974 with categories.
A variety of theories have been offered to explain why prices generally respond so little to declines in demand, and do so now less than formerly. Most of these center around a dependence of prices on costs, or the anticipated trend of costs, and a greater disregard for short-run changes in demand. The more appealing hypothesis is the simple one that price setters tend to adjust slowly to changes in market conditions; they transmit but do not originate inflation. To find that prices in the less competitive markets respond more slowly to changes in market conditions - first lagging, then catching up - would support the theory that firms try to avoid frequent changes in prices but vary in their ability to do so. Are lags in price adjustment related to market structure? Previous empirical studies of the relationship are inconclusive on this point. Earlier literature, largely theoretical, has suggested that concentrated industries tend to raise prices more rapidly, thereby exerting a permanent upward push on the price level. Empirical studies have usually reported the opposite or no consistent relation, however. On the lag-and-catching-up theory, the concentrated industries should exhibit greater increases in the period of waning inflation after 1969. This study examines the data for such a pattern and finds striking evidence of it.