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The Circular and Cumulative Structure of Administered Pricing
Mark W. Nichols affiliation not provided to SSRN Oleg V. Pavlov Worcester Polytechnic Institute (WPI) - Department of Social Science & Policy Studies Michael J. Radzicki Worcester Polytechnic Institute (WPI) Journal of Economics Issues. Vol. 40, No. 2, pp. 517-526, 2006 Abstract: The purpose of this paper is to report on the administered pricing subsector of a Post Keynesian-institutionalist-system dynamics (PKI-SD) "core" model that is currently under development by the authors. When complete, the model will be used to examine the dynamics of heterodox economic theory as well as to test the implications of heterodox policy alternatives. Accepted Paper Series Date posted: October 24, 2008 ; Last revised: October 24, 2008Suggested CitationContact Information
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