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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, 2008

Suggested Citation

Nichols, Mark W., Pavlov, Oleg V. and Radzicki, Michael J., The Circular and Cumulative Structure of Administered Pricing (2006). Journal of Economics Issues. Vol. 40, No. 2, pp. 517-526, 2006. Available at SSRN: http://ssrn.com/abstract=1288321


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Contact Information

Mark W. Nichols (Contact Author)
affiliation not provided to SSRN ( email )
Oleg V. Pavlov
Worcester Polytechnic Institute (WPI) - Department of Social Science & Policy Studies ( email )
100 Institute Road
Worcester, MA 01609
United States
508-831-5234 (Phone)
508-831-5892 (Fax)
HOME PAGE: http://users.wpi.edu/~opavlov/
Michael J. Radzicki
Worcester Polytechnic Institute (WPI) ( email )
Worcester, MA 01609
United States
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