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.)

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.

Table of Contents

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