Accession Number : AD0700319

Title :   PRICES AND THE GUIDEPOSTS: THE EFFECTS OF GOVERNMENT PERSUASION ON INDIVIDUAL PRICES,

Corporate Author : RAND CORP SANTA MONICA CALIF

Personal Author(s) : Alexander,Arthur J.

Report Date : JAN 1970

Pagination or Media Count : 32

Abstract : Wage-price guideposts were part of the government's economic policy from 1962 to 1968. A particular method of policing the guideposts evolved during this period. The Administration sought, through public and private confrontations, to influence the pricing decisions of firms. The document describes briefly the policy of confrontation, proposes several alternative hypotheses to explain the resultant behavior of firms, and analyzes statistically those variables predicted to be associated with government success and failure in influencing firm behavior. (Author)

Descriptors :   (*ECONOMICS, MANAGEMENT PLANNING AND CONTROL), (*COSTS, DECISION MAKING), (*SALARIES, CONTROL), UNITED STATES GOVERNMENT, INDUSTRIAL RELATIONS, IMPACT, STATISTICAL DATA, REGRESSION ANALYSIS

Subject Categories : Administration and Management
      Economics and Cost Analysis

Distribution Statement : APPROVED FOR PUBLIC RELEASE