The Circular and Cumulative Structure of Administered Pricing

Journal of Economics Issues. Vol. 40, No. 2, pp. 517-526, 2006

13 Pages Posted: 24 Oct 2008 Last revised: 28 Jul 2013

See all articles by Mark W. Nichols

Mark W. Nichols

University of Nevada, Reno

Oleg V. Pavlov

Worcester Polytechnic Institute (WPI) - Department of Social Science & Policy Studies

Michael J. Radzicki

Worcester Polytechnic Institute (WPI)

Date Written: 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.

Suggested Citation

Nichols, Mark W. and 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: https://ssrn.com/abstract=1288321

Mark W. Nichols (Contact Author)

University of Nevada, Reno ( email )

Oleg V. Pavlov

Worcester Polytechnic Institute (WPI) - Department of Social Science & Policy Studies ( email )

100 Institute Road
Worcester, MA 01609
United States

HOME PAGE: http://www.olegpavlov.org

Michael J. Radzicki

Worcester Polytechnic Institute (WPI) ( email )

100 Institute Road
Worcester, MA 01609
United States

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