Post Keynesian Price Theory - Frederic S. Lee

Post Keynesian Price Theory

(Autor)

Buch | Softcover
292 Seiten
2006
Cambridge University Press (Verlag)
978-0-521-03021-2 (ISBN)
33,65 inkl. MwSt
This book sets out the foundations of post-Keynesian price theory. Blending theory and analysis it is the first comprehensive assessment of post-Keynesian price theory and its foundations. Scholars and students will particularly welcome the emphasis on the non-neoclassical and non-equilibrium nature of post-Keynesian price theory.
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.

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.

Erscheint lt. Verlag 2.11.2006
Reihe/Serie Modern Cambridge Economics Series
Zusatzinfo Worked examples or Exercises
Verlagsort Cambridge
Sprache englisch
Maße 152 x 228 mm
Gewicht 456 g
Themenwelt Wirtschaft Allgemeines / Lexika
Wirtschaft Volkswirtschaftslehre
ISBN-10 0-521-03021-8 / 0521030218
ISBN-13 978-0-521-03021-2 / 9780521030212
Zustand Neuware
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