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searching for Price mechanism 69 found (97 total)

Free price system (575 words) [view diff] exact match in snippet view article find links to article

A free price system or free price mechanism (informally called the price system or the price mechanism) is a mechanism of resource allocation that relies

English auction (1,173 words) [view diff] no match in snippet view article find links to article

An English auction is an open-outcry ascending dynamic auction. It proceeds as follows. The auctioneer opens the auction by announcing a suggested opening

Dutch auction (3,117 words) [view diff] no match in snippet view article find links to article

A Dutch auction is one of several similar types of auctions for buying or selling goods. Most commonly, it means an auction in which the auctioneer begins

Jean-François Mertens (3,864 words) [view diff] exact match in snippet view article find links to article

Kluwer Academic Publishers, 131–172. Mertens, J.F. (2003). "The limit-price mechanism". Journal of Mathematical Economics. 39 (5–6): 433–528. doi:10

Transaction cost (3,845 words) [view diff] exact match in snippet view article find links to article

coin the specific term, Coase indeed discussed "costs of using the price mechanism" in his 1937 paper The Nature of the Firm, where he first discusses

Lange model (2,028 words) [view diff] exact match in snippet view article find links to article

performed by a public body such as the state, and there is a functioning price mechanism, this economy will be Pareto-efficient, like a hypothetical market

Theory of the firm (7,109 words) [view diff] exact match in snippet view article find links to article

theories of the firm? Firms exist as an alternative system to the market-price mechanism when it is more efficient to produce in a non-market environment. For

Evan Durbin (1,032 words) [view diff] exact match in snippet view article find links to article

combined a belief in central economic planning with a conviction that the price mechanism of markets was indispensable. Historian David Kynaston described Durbin

National Party of Europe (668 words) [view diff] exact match in snippet view article find links to article

to social and cultural matters. Economics to be driven by the wage-price mechanism to ensure fair wages and economic growth. The creation of an economic

Order book (466 words) [view diff] exact match in snippet view article find links to article

profitability analysis.[citation needed] Mertens, J.F. (2003). "The limit-price mechanism". Journal of Mathematical Economics. 39 (5–6): 433–528. doi:10

Alfred Eichner (1,151 words) [view diff] exact match in snippet view article find links to article

American post-Keynesian economist who challenged the neoclassical price mechanism and asserted that prices are not set through supply and demand but

Mahanagar Gas (244 words) [view diff] exact match in snippet view article find links to article

Ministry of Petroleum and Natural Gas and GAIL under the administered price mechanism agreements while that for industrial and commercial use is sourced

Market (economics) (10,683 words) [view diff] exact match in snippet view article

between different uses is determined by the price mechanism". Thus the usage of the price mechanism to convey information is the defining feature of the

Structuralist economics (737 words) [view diff] exact match in snippet view article find links to article

development policies. A normal assumption within this approach is that the price mechanism fails as an equilibrating mechanism, to deliver steady growth, to produce

Temporary equilibrium method (344 words) [view diff] exact match in snippet view article find links to article

exceeds demand, and it increases, if supply is less than demand. The price mechanism leads to market clearing in the short run. However, if this short-run

Congestion pricing (13,258 words) [view diff] exact match in snippet view article find links to article

behind congestion pricing, the objective of this policy is to use the price mechanism to cover the social cost of an activity where users otherwise do not

Multiunit auction (818 words) [view diff] exact match in snippet view article find links to article

homogenous commodity may participate simultaneously. The clearing price mechanism is often utilised in a market context in order to establish a benchmark

Posted oil price (1,184 words) [view diff] case mismatch in snippet view article find links to article

131. ISBN 9780894990724. F. A. Hasab (1968). "The International Oil Price Mechanism". Acta Oeconomica. 3 (1): 91–107. JSTOR 40728253. Parra, Francisco

Double auction (3,197 words) [view diff] exact match in snippet view article find links to article

mechanism based on trade-reduction, and the other is an ascending-price mechanism that is not only IC but also obviously IC. Gilor, Gonen and Segal-Halevi

Europe a Nation (1,408 words) [view diff] exact match in snippet view article find links to article

European state to have its prices and incomes regulated by a "wage price mechanism", whilst also calling for "European Socialism", a syndical style organisation

Shortage (2,234 words) [view diff] exact match in snippet view article find links to article

the quantity of the good or service that is available, and some non-price mechanism (such as "first come, first served" or a lottery) determines which

Friedrich Hayek (19,572 words) [view diff] exact match in snippet view article find links to article

efficient exchange and use of resources can be maintained only through the price mechanism in free markets (see economic calculation problem). In 1935, Hayek

Post-capitalism (2,247 words) [view diff] exact match in snippet view article find links to article

production cost, but once made can be copied infinitely. If the normal price mechanism of capitalism prevails, then the price of any good which has essentially

Economic calculation problem (5,916 words) [view diff] exact match in snippet view article find links to article

sufficient condition for successful economic calculation. Without a price mechanism, Mises argues, socialism lacks the means to relate consumer satisfaction

Value (economics) (2,920 words) [view diff] exact match in snippet view article

subjective judgments into account, and that this is done through the price mechanism in the market. Thus, it was false to say that the economic value of

Stock exchange (4,410 words) [view diff] exact match in snippet view article find links to article

government. This improvement can be attributed in some cases to the price mechanism exerted through shares of stock, wherein the price of the stock falls

Depression of 1920–1921 (2,955 words) [view diff] exact match in snippet view article find links to article

of 1920–1921 is that it was kind of the last demonstration of how a price mechanism works and the last governmentally unmediated business cycle downturn

Oskar R. Lange (1,894 words) [view diff] exact match in snippet view article find links to article

adjustments as shortages and surpluses occur rather than relying on a free price mechanism. Under this system, central planners would arbitrarily pick a price

Market failure (4,622 words) [view diff] exact match in snippet view article find links to article

discussion, preferring to ration finite goods not exclusively through a price mechanism, but based upon need as determined by society expressed through the

Credit rationing (6,295 words) [view diff] exact match in snippet view article find links to article

financial institution. It is an example of market failure, as the price mechanism fails to bring about equilibrium in the market. It should not be confused

Jacque Fresco (3,313 words) [view diff] exact match in snippet view article find links to article

calculate the availability and desirability of resources because the price mechanism is not utilized. Addressing this aspect, another article in the Quarterly

Fatemeh Shayan (1,107 words) [view diff] exact match in snippet view article find links to article

specific. In the financial dimension, the long-term oil indexation price mechanism and spot prices have generated considerable revenues for Russia and

C. H. Douglas (1,314 words) [view diff] exact match in snippet view article find links to article

process. As the physical efficiency of production increases, the just price mechanism will reduce the price of products for the consumer. The consumers can

Subsidies in India (4,675 words) [view diff] exact match in snippet view article find links to article

10.0 per cent in 2001–02. With the dismantling of the administered price mechanism for petroleum products from 1 April 2002, subsidies in respect of LPG

The Australia Institute (2,517 words) [view diff] exact match in snippet view article find links to article

The Australia Institute spoke positively of the design of the carbon price mechanism implemented by the Gillard government, arguing that beginning with

Envex (243 words) [view diff] case mismatch in snippet view article find links to article

units of the Mandatory Renewable Energy Target scheme, the Carbon Price Mechanism ( also known as the Clean Energy Bill 2011), the Queensland Gas Scheme

Internationalization (4,100 words) [view diff] exact match in snippet view article find links to article

production.” He asks why alternative methods of production (such as the price mechanism and economic planning), could not either achieve all production, so

Charan Singh (5,773 words) [view diff] exact match in snippet view article find links to article

rates. The infrastructure he laid down led to the Minimum Support Price mechanism. Charan Singh left the Congress party in 1967, and formed his own political

Corruption in Myanmar (3,789 words) [view diff] exact match in snippet view article find links to article

make possible rampant corruption that "hinders the functioning of the price mechanism, upon which the proper functioning of the market economy is based."

Hyperinflation in Brazil (3,449 words) [view diff] exact match in snippet view article find links to article

distributive conflict which states that an economic agent will use the price mechanism to retain or improve their market share. The new theory suggests that

Dirk Graswinckel (526 words) [view diff] exact match in snippet view article find links to article

grain trade. This came down largely on the side of free trade and the price mechanism. Joseph Schumpeter argued that this was the first clear-cut statement

Steven N. S. Cheung (2,302 words) [view diff] exact match in snippet view article find links to article

of contractual arrangement being used to replace the market (i.e. price mechanism) to reduce transaction costs (e.g. the cost of price searching). Cheung

Emissions trading (8,099 words) [view diff] exact match in snippet view article find links to article

the safety valve can be used to mimic either a pure quantity or pure price mechanism. Cap and trade is the textbook example of an emissions trading program

Neoliberalism (28,951 words) [view diff] exact match in snippet view article find links to article

defined the concept of neoliberalism as involving "the priority of the price mechanism, free enterprise, the system of competition, and a strong and impartial

Agricultural subsidy (5,979 words) [view diff] exact match in snippet view article find links to article

intervention, through agricultural subsidies, interferes with the price mechanism which would normally determine commodity prices, often creating crop

John E. Floyd (624 words) [view diff] case mismatch in snippet view article find links to article

Toronto. "The Overvaluation of the Dollar: A Note on the International Price Mechanism," American Economic Review, March 1965. "The Effects of Farm Price

Theil index (2,527 words) [view diff] exact match in snippet view article find links to article

{\displaystyle T_{T}} unused information space unused potential in price mechanism[original research?] data compression progressive tax[original research

Aron Katsenelinboigen (3,667 words) [view diff] case mismatch in snippet view article find links to article

Issledovanij. Moscow: "MYSL," 1970, pp. 87– 124. "Optimal Control and the Price Mechanism," Matekon, Vol. VI, no. 3, 1970, pp. 260–285. "Capital Charges in Optimal

Market socialism (10,210 words) [view diff] exact match in snippet view article find links to article

as shortages and surpluses occurred rather than relying on a free price mechanism. If there were shortages, prices would be raised; if there were surpluses

Shock therapy (economics) (5,048 words) [view diff] exact match in snippet view article

facilitate market exchange develop, and with the "invisible hand" the price mechanism could emerge.: 6 Illusion therapy refers to the imposition of shock

Name your own price (1,238 words) [view diff] exact match in snippet view article find links to article

guarantee higher profitability to service providers than the name-your-own-price mechanism. Priceline.com has two different methods of price discrimination according

Social credit (10,489 words) [view diff] case mismatch in snippet view article find links to article

consumers' purchasing power through a National Dividend and a Compensated Price Mechanism. According to Douglas, the true purpose of production is consumption

Glossary of economics (25,011 words) [view diff] case mismatch in snippet view article find links to article

Hypothesis", "Efficient Resource Allocation", "Pareto-Optimality", "Price", "Price Mechanism" and "Efficient Market" in Black, John, Oxford Dictionary of Economics

Funds transfer pricing (2,675 words) [view diff] exact match in snippet view article find links to article

environment. This type of structure creates the need for a transfer price mechanism between the business units to avoid the distortion in performance caused

Immigration tariff (411 words) [view diff] exact match in snippet view article find links to article

Productivity Commission. 13 November 2015. Eric Weinstein on use of the price mechanism to create markets for immigration (2002). Becker expounding upon the

Yair Tauman (612 words) [view diff] case mismatch in snippet view article find links to article

Theory Vol. 10, pp. 155–162. "The Continuity of the Aumann-Shapley Price Mechanism" (1982) (with L. Mirman) Journal of Mathematical Economics Vol. 9,

Politics of climate change (14,092 words) [view diff] exact match in snippet view article find links to article

be divided into four types: firstly, the implementation of a carbon price mechanism and other financial incentives; secondly prescriptive regulations,

History of economic thought (18,895 words) [view diff] exact match in snippet view article find links to article

American post-Keynesian economist who challenged the neoclassical price mechanism and asserted that prices are not set through supply and demand but

Hou Ho-shong (913 words) [view diff] exact match in snippet view article find links to article

Retrieved 21 June 2020. Chung, Amber (13 September 2005). "Utilities price mechanism is on the way, MOEA says". Taipei Times. Retrieved 21 June 2020. Chang

Hybrid organization (2,593 words) [view diff] exact match in snippet view article find links to article

coordination between those organizations takes place by means of the price mechanism and various other coordination mechanisms simultaneously" As hybrid

Steady-state economy (16,415 words) [view diff] exact match in snippet view article find links to article

needs and wants are granted absolute status: It is believed that the price mechanism and technological development (however defined) is capable of overcoming

Random-sampling mechanism (2,241 words) [view diff] exact match in snippet view article find links to article

auction with Single-parameter utility. For the Random-Sampling Optimal-Price mechanism, several increasingly better approximations have been calculated: By

Real prices and ideal prices (5,649 words) [view diff] exact match in snippet view article find links to article

in turn revalue or devalue the prices of related assets. Thus, the "price mechanism" is often not simply a function of supply and demand for a tradable

The Reformation in Economics (1,471 words) [view diff] exact match in snippet view article find links to article

only based on these fundamentally-determined interest rates that the price mechanism comes into play. In the Financial Times, journalist Martin Sandbu wrote

Value-form (33,361 words) [view diff] exact match in snippet view article find links to article

mutually interchangeable with all other products, and therefore the "price mechanism" can allocate resources in such a way, that market equilibria are assured

Robert L. Stivers (2,302 words) [view diff] exact match in snippet view article find links to article

we manage long-range sustainability? What will be the role of the price mechanism? What economic incentives might we develop to encourage durability

2015 Malaysian federal budget (2,219 words) [view diff] exact match in snippet view article find links to article

Board (MRB) will allocate RM100 million to implement a regulatory price mechanism at the farm level MRB will provide soft loans of RM6.4 million as working

Algorithmic attention rents (2,080 words) [view diff] exact match in snippet view article find links to article

algorithms in making market-like allocations, often without use of the price mechanism or a price-based signal. This approach focuses on the process of decision

Masters of the Universe (book) (6,205 words) [view diff] exact match in snippet view article

centered around "individual liberty, free markets, spontaneous order, the price mechanism, competition, consumerism, deregulation, and rational self-interest"