Competition, Monopoly, and Differential Profit Rates : : On the Relevance of the Classical and Marxian Theories of Production Prices for Modern Industrial and Corporate Pricing / / Willi Semmler.

• Superior document: Title is part of eBook package: De Gruyter Columbia University Press eBook-Package Archive 1898-1999
• VerfasserIn: Semmler, Willi,
• Place / Publishing House: New York, NY : : Columbia University Press, , [1984]; ©1984
• Year of Publication: 1984
• Language: English
• Physical Description: 1 online resource (240 p.)
• Other title: Frontmatter --; Contents --; Preface and Acknowledgments --; Symbols --; Part 1 . On Theories of Competition and Their Empirical Predictions --; Chapter 1. Introduction and Overview --; Chapter 2. On Theories of Competition --; Part 2. Empirical Evidence on Industrial and Corporate Pricing and Differential Profit Rates --; Chapter 3. Empirical Evidence on Industrial and Corporate Pricing --; Chapter 4. Empirical Evidence on Differential Profit Rates for Industries and Firms --; Part 3. Empirical Studies and the Classical and Marxian Theories --; Chapter 5. Production Prices, Single-Product Industries, and Industrial Pricing --; Chapter 6. Production Prices, Joint Production, and Corporate Pricing --; Chapter 7. Market Power and Corporate Power—Some Conclusions --; Appendixes --; Appendix 1. Technical Change and Change in Values --; Appendix 2. Technical Change and Change in Production Prices --; Appendix 3. Joint Production, Uniform Profit Rate, Prices, and Nonsubstitution --; Appendix 4. Joint Production, Differential Profit Rates, and Prices --; Appendix 5. The Law of Supply and Demand: The Existence and Stability of a General Equilibrium --; References --; Index
• Format: Mode of access: Internet via World Wide Web.
• ISBN: 9780231880084; 9783110442489
• DOI: 10.7312/semm90706
• Access: restricted access
• Hierarchical level: Monograph
• Statement of Responsibility: Willi Semmler.

Presents a framework for the interpretation of the empirical phenomena of modern industrial and corporate pricing and profits through a reinterpretation of classical and Marxian theories and concepts of long-run prices and profits. Also discusses how modern empirical findings can be reconciled with the classical and Marxian theories of competition, production prices, and average profit rates.