Механизм договорных цен (Mekhanizm dogovornykh tsen)

Polterovich, Victor and Levin, Mark and Lakhman, Iosif (1987): Механизм договорных цен (Mekhanizm dogovornykh tsen). Published in: Izvestiya AN SSSR No. 3 (1987): pp. 52-63.

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.

• Item Type: MPRA Paper
• English Title: The Mechanism of Negotiated Prices
• Language: Russian
• Keywords: planning system; the State Pricing Committee; consumer survey; demand curve; lognormal distribution; incentives; reform
• Subjects: P - Economic Systems > P3 - Socialist Institutions and Their Transitions > P36 - Consumer Economics ; Health ; Education and Training ; Welfare, Income, Wealth, and Poverty; P - Economic Systems > P2 - Socialist Systems and Transitional Economies > P22 - Prices

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