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Basing Point Pricing and Public Policy

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  • Carl Kaysen

Abstract

I. Introduction: the nature of the problem, 289; alternative pricing systems, 292; standards of public policy, 293. — II. Pricing practices and the level and flexibility of margins, 294; and the level of costs, 297. — III. Pricing practices and the long run adaptation of capacity to demand, 300; the location of producers, 304; and the allocation of transport resources, 305. — IV. Pricing practices and capacity in relation to cyclical fluctuations in demand, 306; and the organization of the industry, 309. — V. Summary and conclusions, 313.

Suggested Citation

  • Carl Kaysen, 1949. "Basing Point Pricing and Public Policy," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 63(3), pages 289-314.
    • Handle: RePEc:oup:qjecon:v:63:y:1949:i:3:p:289-314.
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    File URL: http://hdl.handle.net/10.2307/1882256
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    Cited by:

    1. Nathan H. Miller & Matthew Osborne, 2014. "Spatial differentiation and price discrimination in the cement industry: evidence from a structural model," RAND Journal of Economics, RAND Corporation, vol. 45(2), pages 221-247, June.
    2. Iwan Bos & Maarten Pieter Schinkel, 2009. "Tracing the Base: A Topographic Test for Collusive Basing-Point Pricing," Tinbergen Institute Discussion Papers 09-007/1, Tinbergen Institute.
    3. Kenneth Arrow, 1970. "Political and Economic Evaluation of Social Effects and Externalities," NBER Chapters, in: The Analysis of Public Output, pages 1-30, National Bureau of Economic Research, Inc.

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