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Models To Manage Pricing In Mining Industry

Author

Listed:
  • Marius BULEARCA

    (Center for Industry and Services Economics, Bucharest, Romanian Academy)

  • Cristian SIMA

    (Center for Industry and Services Economics, Bucharest, Romanian Academy)

Abstract

Given that economic analysis of extractive industry is fundamentally different from the analysis of agriculture, manufacturing and services, this paper deals with finding and applying the political and economic principles of pricing in mining industry (in the first part), and with demonstrating the relationship between the level of extraction and price trend resulted in time (in the second part)

Suggested Citation

  • Marius BULEARCA & Cristian SIMA, 2013. "Models To Manage Pricing In Mining Industry," Review of General Management, Spiru Haret University, Faculty of Management Brasov, vol. 18(2), pages 126-137, November.
  • Handle: RePEc:fmb:journl:v:18:y:2013:i:2:p:126-137
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    File URL: http://www.managementgeneral.ro/pdf/2_2013_12.pdf
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    References listed on IDEAS

    as
    1. Olson, Mancur & Zeckhauser, Richard, 1970. "The Efficient Production of External Economies," American Economic Review, American Economic Association, vol. 60(3), pages 512-517, June.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    dynamic pricing efficiency; Hotteling’s economic fundamental principle; mining industry; natural resources; price trend.;

    JEL classification:

    • E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
    • A1 - General Economics and Teaching - - General Economics
    • L7 - Industrial Organization - - Industry Studies: Primary Products and Construction
    • L71 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Hydrocarbon Fuels
    • P22 - Economic Systems - - Socialist Systems and Transition Economies - - - Prices

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