Document Type
Response or Comment
Publication Date
1971
Center/Program
Center for Contract and Economic Organization
Center/Program
Center for Law and Economic Studies
Abstract
In his article, Marginal Cost Pricing, Investment Theory and CATV, James Ohls makes a number of erroneous assertions concerning the optimum pricing of CATV. Most of his problems stem from a failure to properly define the environment in which the optimum price is to be set and the role that an optimum price should play. If one alters Ohls' implicit (and sometimes contradictory) assumptions and if one keeps in mind the purpose prices should serve in an economic system, a number of Ohls' conclusions are altered.
Recommended Citation
Victor P. Goldberg,
Marginal Cost Pricing, Investment Theory and CATV,
14
J. L. & Econ.
513
(1971).
Available at:
https://scholarship.law.columbia.edu/faculty_scholarship/2267
Included in
Banking and Finance Law Commons, Business Organizations Law Commons, Law and Economics Commons