Pricing Theory in Post-Keynesian Economics

Pricing Theory in Post-Keynesian Economics

This timely book explores the defining features of post Keynesian economics through an examination of pricing, and empirically investigates pricing behaviour from the post Keynesian point of view. It uses a synthesis of ideas from realist philosophy and methodology to explore post Keynesian pricing theory and identifies a coherent core of post Keynesian pricing theory, strongly supported by a wide range of evidence. Paul Downward critically reviews and extends both the econometric and the non-econometric evidence as a basis of understanding the causal processes of pricing. Taking into account Keynes's notions of the 'weight of evidence' and 'negative analogy, ' the post Keynesian account of pricing offered in the book appears compelling. The evidence presented by the author will raise substantial questions about neoclassical accounts of pricing. This book will be required reading for those interested in post Keynesian economics, methodology, behavioural economics and institutional economics as well as for marketing and management theorists and those generally interested in pricing decisions.


Author
Publisher Edward Elgar Pub
Release Date
ISBN
Pages 244 pages
Rating 4/5 (39 users)

More Books:

Pricing Theory in Post-Keynesian Economics
Language: en
Pages: 244
Authors: Paul Downward
Categories: Business & Economics
Type: BOOK - Published: 1999 - Publisher: Edward Elgar Pub

This timely book explores the defining features of post Keynesian economics through an examination of pricing, and empirically investigates pricing behaviour fr
An Introduction to Post-Keynesian and Marxian Theories of Value and Price
Language: en
Pages: 232
Authors: Peter M. Lichtenstein
Categories: Economics
Type: BOOK - Published: 1983 - Publisher:

New Directions in Post-Keynesian Economics
Language: en
Pages: 296
Authors: John Pheby
Categories: Business & Economics
Type: BOOK - Published: 1989-01-01 - Publisher: Edward Elgar Publishing

"In all, New Directions in Post-Keynesian Economics proves that the intellectual vision for the realization of the Keynesian revolution is abundant. John Hillar
Post Keynesian Price Theory
Language: en
Pages: 292
Authors: Frederic S. Lee
Categories: Business & Economics
Type: BOOK - Published: 2006-11-02 - Publisher: Cambridge University Press

This book sets out the foundations of Post Keynesian price theory. Frederic Lee examines the administered, normal cost and mark up price doctrines associated wi
A History of Post Keynesian Economics Since 1936
Language: en
Pages: 332
Authors: J. E. King
Categories: Business & Economics
Type: BOOK - Published: 2002-04-26 - Publisher: Edward Elgar Publishing

This text provides a history of the post Keynesian approach to economics since 1936. The author locates the origins of these economics in the conflicting interp
A New Guide to Post-Keynesian Economics
Language: en
Pages: 160
Authors: Richard P. F. Holt
Categories: Business & Economics
Type: BOOK - Published: 2002-09-26 - Publisher: Routledge

Eichner's classic A Guide to Post-Keynesian Economics (1978) is still seen as the definitive staging post for those wishing to familiarise themselves with the P
Advanced Introduction to Post Keynesian Economics
Language: en
Pages: 160
Authors: J E King
Categories: Keynesian economics
Type: BOOK - Published: 2015-06-29 - Publisher: Edward Elgar Publishing

Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences and law, expertly written by the worldÕs leadi
Post-Keynesian Economics
Language: en
Pages: 504
Authors: Malcolm C. Sawyer
Categories: Business & Economics
Type: BOOK - Published: 1988 - Publisher: Edward Elgar Pub

Post-Keynesian Economics denotes a loose grouping of economists who regard the insights of Keynes and Kalecki as the starting point for both a critique of conve
Introduction to Post-Keynesian Economics
Language: en
Pages: 150
Authors: M. Lavoie
Categories: Business & Economics
Type: BOOK - Published: 2007-06-15 - Publisher: Springer

This book shows how the realistic foundations and stylized facts of Post-Keynesian economics give rise to macroeconomic implications that are different from tho
The Oxford Handbook of Post-Keynesian Economics, Volume 1
Language: en
Pages: 637
Authors: Geoffrey Harcourt
Categories: Business & Economics
Type: BOOK - Published: 2013-07 - Publisher: Oxford University Press

These two volumes cover the principal areas to which Post-Keynesian economists have made distinctive contributions. The contents include the significant critici