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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.

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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.

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