What question did this study set out to answer?

The aim is to explain the principles of pricing in competitive markets as outlined in the book.

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March 18, 2026

The Theory of Competitive Price (Book).

Key Points

The aim is to explain the principles of pricing in competitive markets as outlined in the book.
Literary review of key concepts presented in the book
Analysis of economic theories related to competitive pricing
Discussion of market behaviors and price determination
Clarifies the relationship between supply, demand, and pricing
Describes how competition influences price setting
Explains price elasticity and its impact on consumer choices

Abstract

Abstract Reviews the book "The Theory of Competitive Price," by George Stigler.

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Discussion

Authors

Carl Thomas Devine

Sidney G. Winter

California University of Pennsylvania

Journals

The Accounting Review

Actions

Institutions

Johns Hopkins University

Johns Hopkins University Applied Physics Laboratory

References and Citations

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Discussion

Cite this study

Devine et al. (Thu,) studied this question.

synapsesocial.com/papers/69ba43e94e9516ffd37a5a71 — DOI: https://doi.org/10.2308/tar-7042219

Also consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

The Theory of the Cost-Price System (Book).· 1929
A Theory of Accounting to Investors (Book).· 1963
Stabilization of Prices· 1930
Prices (Book).· 1933
The Theory of Free Competition/The Decline of Competition (Book).· 1936

Also consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

The Theory of the Cost-Price System (Book).· 1929
A Theory of Accounting to Investors (Book).· 1963
Stabilization of Prices· 1930
Prices (Book).· 1933
The Theory of Free Competition/The Decline of Competition (Book).· 1936

The Theory of Competitive Price (Book).

Key Points

Abstract

Citation Network

Connected Papers

Discussion

Authors

Journals

Actions

Institutions

References and Citations

Citation Network

Connected Papers

Discussion

Cite this study

Also consider

Also consider