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- Title
A Dual-Stage View of the Consumer Goods Economy.
- Authors
Steiner, Robert L.
- Abstract
Discusses a dual-stage model of the consumer goods economy. Markup and pricing procedures used by manufacturers, wholesalers, and retailers; Summary of the major precepts of the dual-stage model; Reference to the conventional single-stage approach and the Post Keynesian construct; Accuracy of the model in capturing the dynamic interactions in the consumer goods market; Suggestion for Post Keynesians to revise conclusions based on inaccurate factual assumptions.
- Subjects
MICROECONOMICS; CONSUMPTION (Economics); PRICING; CONSUMER goods; ECONOMICS
- Publication
Journal of Economic Issues (Association for Evolutionary Economics), 2001, Vol 35, Issue 1, p27
- ISSN
0021-3624
- Publication type
Article
- DOI
10.1080/00213624.2001.11506338