Was Jules Dupuit a Market Socialist: A Retrospective Note on Marginal Cost Pricing
This paper examines the extent to which Dupuit preceded Hotelling in the theory of marginal cost pricing and the relation of marginal cost pricing to the Pigou–Robinson definition of exploitation, Coase’s multipart pricing, and the Kaldor compensation principle. Tsuneki’s partial rehabilitation of Hotelling’s proof of MC pricing is partially endorsed. Copyright International Atlantic Economic Society 2008
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Volume (Year): 36 (2008)
Issue (Month): 1 (March)
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- Tsuneki, Atsushi, 2001. "A Partial Rehabilitation of Hotelling's MC-Pricing Theorem," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 42(1), pages 237-44, February.
- R. B. Ekelund & Jr., 1968. "Jules Dupuit and the Early Theory of Marginal Cost Pricing," Journal of Political Economy, University of Chicago Press, vol. 76, pages 462.
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