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The Theory of Differential Rates
Watkins, G. P.
The Quarterly journal of economics, 1916-08, Vol.30 (4), p.682-703
[Periódico revisado por pares]
MIT Press
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Título:
The Theory of Differential Rates
Autor:
Watkins, G. P.
Assuntos:
Consumer economics
;
Cost allocation
;
Cost efficiency
;
Economic costs
;
Fixed capital
;
Freight
;
Monopoly
;
Railroads
;
Rates
;
Supply
;
Uniformity
;
Waste byproducts
É parte de:
The Quarterly journal of economics, 1916-08, Vol.30 (4), p.682-703
Notas:
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ark:/67375/HXZ-S43P6152-N
ObjectType-Article-1
SourceType-Scholarly Journals-1
ObjectType-Feature-2
content type line 23
Descrição:
I. Introductory. The economic foundation of differentiation, 682. — II. No natural tendency to uniformity in prices; uniformity sustained by the moral force of public opinion, 683. — III. The public the judge of homogeneity of goods or services, differences being the occasion for price differences; electrical examples, 686. — Homogeneity in relation to joint cost, 687. — Degrees of jointness; illustrations, 688. — IV. Jointcost v. monopoly as the basis of differentiation, 690. — Differentiation might develop largely under competition, 691. — Danger of arguing from a single “cause,” 693. — V. Wholesale discounts usually differential, and a differential element in retail price-fixing, 695. — VI. Deterioration and cost often in proportion to time rather than to use, 696. — Fixed-capital cost is of this nature, 698. — VII. Service the ultimate standard in judging differentiation, 699. — This principle opposed to rates lower than separable cost, as well as in favor of a differential treatment of general or joint-cost, 700. — Suggestiveness of electrical rates for impersonal methods, 701. — Public policy, 702.
Editor:
MIT Press
Idioma:
Inglês
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