Price Theory

Part I: Demand and cost Analysis. Introduction. Ch 1. Consumer Behavior. The Complex of Preferences, The Marginal Rate of Substitution, The Price Line and the Equilibrium Purchase combination, Income and price Variations, Negative income Effects, Substitutes and Complements, Price Interrelations, Summary, A Note on Compensating and Equivalent income Variations, Bibliographical Note. Ch 2: Market Demand. The Demand Curve, Revenue Concepts, The Elasticity of Demand, The Cross Elasticity of Demand and prices, Commodity Dimensions, bibliography Note. Ch 3: Production and costs, Factors of Production, Fixed and variable Factors, Constant-Product Curves, The Minimum-cost Condition, The Expansion Path, Nominimum costs, factor Substitutes and complements, A Note on the Elasticity of Substitution, Bibliographical Note. Ch 4: Costs and Factor Productivity Total, Average, and Marginal cost, Law of Variable Proportions, Returns to Scale, Factor Productivity and Costs, Planning Curves, the Elasticity of costs and Supply, bibliography Note. Part II: Market Behavior of the Firm. Introduction: A Bibliography Note on Market classifications. Ch 5: Pure Competition, fixed Stocks of Goods, Varying Supplies of Goods, Varying Amounts of Equipment, Stable and Multiple Equilibria, General Equilibrium, Summary, Bibliographical Note. Ch 6: Monopoly, Monopoly Equilibrium, Output Restriction, Price and Output Interrelations, Monopoly Pricing as an Indirect Tax, Measures of Monopoly Power, Special Equilibrium Cases, No pecuniary Motives, Bibliographical Note. Ch 7: Duopoly and Oligopoly, Output Followers, Output Leaders, Market-Price Assumptions, A cost-Curve Solution, Economic Warfare, Market Agreements, Duopoly Instability, Bibliographical Note. Ch 8: Monopolistic Competition, Passive and Active Reactions, Mutual interdependence, Entry and heterogeneous Competition, entry and profits, Monopoly and Progress, Bibliographical Note. Ch 9: Selling Costs, Advertising as a productive Agent, Retaliatory Cross advertising and price cutting, Advertising and Costs, Bibliographical Note. Ch 10: Product Variation, Commodity diversification and Sealed Entry, Monopoly Pricing and Innovation, Innovations Price Repercussions, Product Variations, Nonprice Competition, Bibliographical Note. Ch 11: Buyer’s Domination and bilateral Monopoly, Monopsony Equilibrium, Monopsony in Consumer Markets, Monopsony and the cost Curves, Monempory, Duopsony Problems, Bilateral Monopoly, bibliographical Note. Ch 12: Spatial Interdependence, The Equilibrium border, Concentration of Buyers and Sellers, Buyers and sellers Dispersed, Central Market Exchanges, Free Delivery, Basing Points, Bibliographical Note. Part III: Multiple-Product firms. Introduction. Ch 13: Cost Interdependence, Joint Production, cost Interdependence, Vertical Integration, Monopoly and Integration, Monopsony and integration, bibliographical Note. Ch 14: Interrelated Demand, Discriminatory pricing, Substitute goods, complementary Goods, Interrelated Demand and costs, Monopsony Discrimination, Bibliographical Note. Part IV: Dynamic Analyses. Introduction. Ch 15: Anticipations and Uncertainly, Uncertainty Allowances, Consumer Estimates, Price Predications, Anticipated Demand and cost Curves, Uncertainly and Economic Development, bibliographical Note. Ch 16: Imperfect Equilibrium Adaptations, Compatible Anticipations, Incompatibility of Plans and Events, Actual and Optimal Output, Uncertainty and Plant Layout, The Size of Firms, Change and Profit Calculations, Bibliographical Note. Ch 17: Multiple-Period Anticipations, Consumer Plans and Expected Price changes, Intertemporal Demand and Cost Relations, Price Policy and Potential competition, inventory and profit Expectations, A Note on Single-Period versus Stream Analysis, Bibliographical Note. Ch 18: Clock-time Sequences, Operational and clock time, Daily price Formation, Time Sequences and costless Output, Output-Sales sequences, Input-Output Intervals, Bibliographical Note. Ch 19: Path Analysis, The Cobweb Theorem, Change and Equilibrium Processes, Monopoly Price Movements, Rigid Prices, bibliographical Note. Appendix: Welfare Aspects of Pricing. Index.

In English

Hbk.