Механизм договорных цен (Mekhanizm dogovornykh tsen)
[The Mechanism of Negotiated Prices]
We describe the negotiated-price mechanism, introduced in the USSR in 1985, to increase flexibility of retail prices. We discuss a possibility to improve interactions between manufacturing and retailing through negotiated prices, and demonstrate a methodology to estimate them, using consumer surveys. Suggestions for improvement of the negotiated-price system are formulated.
|Date of creation:||1987|
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