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Механизм договорных цен (Mekhanizm dogovornykh tsen)
[The Mechanism of Negotiated Prices]

Author

Listed:
  • Polterovich, Victor
  • Levin, Mark
  • Lakhman, Iosif

Abstract

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.

Suggested Citation

  • Polterovich, Victor & Levin, Mark & Lakhman, Iosif, 1987. "Механизм договорных цен (Mekhanizm dogovornykh tsen)
    [The Mechanism of Negotiated Prices]
    ," MPRA Paper 41103, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:41103
    as

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    File URL: https://mpra.ub.uni-muenchen.de/41103/1/MPRA_paper_41103.pdf
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    More about this item

    Keywords

    planning system; the State Pricing Committee; consumer survey; demand curve; lognormal distribution; incentives; reform;

    JEL classification:

    • P36 - Economic Systems - - Socialist Institutions and Their Transitions - - - Consumer Economics; Health; Education and Training; Welfare, Income, Wealth, and Poverty
    • P22 - Economic Systems - - Socialist Systems and Transition Economies - - - Prices

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