price theory

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منابع مشابه

Price Theory in Economics∗

This paper reviews topics in price theory such as rational choice, Walrasian equilibria, complete and incomplete markets, externalities and nonmarket goods, strategic pricing with complete and incomplete information, and some behavioral anomalies. Contains index.

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Theory of Price Regulation

Price regulation is important in telecommunication service to achieve economic efficiency and social welfare. Among different approaches, price-cap regulation is most widely accepted. Details of price-cap regulation are discussed in this article. In interconnection market, typical issues like unbundled charges, universal service and ADC charges, price squeezing, and fixed-to-mobile call charges...

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Schumpeter’s Contribution to Price Theory*

Schumpeter distinguishes between the circular flow of economic activity and economic development. The former is characterised by equilibrium, while the latter involves discontinuous change. The price theory that Schumpeter associates with the circular flow is the well established Walrasian price system. However, the price theory which Schumpeter proposes for economic development is only partial...

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The Price Level, the Quantity Theory of Money, and the Fiscal Theory of the Price Level

This paper examines price level determination from the perspective of portfolio choice. Arbitrages among money balances, bonds, and investment goods determine their relative demands. Returns to real balance holdings and after-tax returns to investment goods determine the relative values of nominal and real assets. Because expectations of government policies ultimately determine the expected ret...

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Stock Price Momentum Modeling: A Grounded Theory Approach

Recently, understanding the anomalies in financial markets have severely chal-lenged the efficient market hypothesis (EMH). The price momentum is one of the anomalies described as the unexplained short-term return by Fama and French (1996). The present research strives for modeling the price momentum of winner stock in the Iranian capital market. The grounded theory method was used to explain t...

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Estimating Price Elasticities with Theory-Based Priors

Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at http://www.jstor.org/page/info/about/policies/terms.jsp. JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive o...

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