Price Controls and the Behavior of Auction Markets: An Experimental Examination

Price Controls and the Behavior of Auction Markets: An Experimental Examination
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价格控制和拍卖市场的行为:实验检验

DOI:
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发表时间:
1981
期刊:
The American Economic Review
影响因子:
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通讯作者:
C. Plott
C. Plott
中科院分区:
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文献类型:
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作者:
R. Isaac;C. Plott

文献摘要

被引文献

相似文献

价格上限和价格下限在所有市场体系中都是常见的。众所周知,古希腊人和希腊化时代的埃及人利用价格控制(见H.米歇尔,第272页,和J.P.利维,第41页),今天的许多公共政策问题都涉及到他们。显然,只要价格管制一直存在,其影响就一直存在争议。例如,教区对他的价格上限的好感受到了宗教哲学家Lactantius的质疑,他指责这项政策导致了“稀缺性和……低级物品”(第145页)。
Price ceilings and price floors are common in all market systems. The ancient Greeks and Hellenistic era Egyptians are known to have utilized price controls (see H. Michele, p. 272, and J. P. Levy, p. 41), and numerous public policy questions today involve them. Apparently for as long as price controls have existed, their effects have been debated. For example, Diocletion's favorable view of his price ceilings' was disputed by the religious philosopher, Lactantius, who charged that the policy led to "scarcity and... low grade articles" (p. 145).