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The Economics of Disequilibrium Price

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  • Romney Robinson

Abstract

I. Introduction, 199. — II. Market-determined and code-established prices, 201. — III. The market-determined price in pure oligopoly, 202. — IV. The code-established price in pure oligopoly, 205. — V. Price discrimination, 208. — VI. Differentiated oligopoly, 210. — VII. The demand curve as an analytic concept, 212. — VIII. Code-established prices in pure competition, 215. — IX. The indeterminacy of purely market-determined pricing, 218. — X. Monopolistic conspiracy versus cutthroat competition, 220. — XI. The shapes of demand and cost curves, 222. — XII. Excess capacity, 226. — XIII. The structure of the code-established price, 228. — XIV. Behavior codes, 230. — XV. Conclusion, 232.

Suggested Citation

  • Romney Robinson, 1961. "The Economics of Disequilibrium Price," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 75(2), pages 199-233.
    • Handle: RePEc:oup:qjecon:v:75:y:1961:i:2:p:199-233.
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    File URL: http://hdl.handle.net/10.2307/1884199
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    Cited by:

    1. Ross, Bruce W., 1996. "Towards an observational economics of business behaviour: the horizontal supply curve, 'fuzzy' demand and other anomalies for conventional theory," MPRA Paper 26783, University Library of Munich, Germany.

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