{"id":"https://openalex.org/W1985273255","doi":"https://doi.org/10.2307/2295787","title":"The Welfare Basis of the Marginal Cost Pricing Principle","display_name":"The Welfare Basis of the Marginal Cost Pricing Principle","publication_year":1949,"publication_date":"1949-01-01","ids":{"openalex":"https://openalex.org/W1985273255","doi":"https://doi.org/10.2307/2295787","mag":"1985273255"},"language":"en","primary_location":{"id":"doi:10.2307/2295787","doi":"https://doi.org/10.2307/2295787","is_oa":false,"landing_page_url":"https://doi.org/10.2307/2295787","pdf_url":null,"source":{"id":"https://openalex.org/S88935262","display_name":"The Review of Economic Studies","issn_l":"0034-6527","issn":["0034-6527","1467-937X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","ft50","jufo-3","norway-2","poland-200","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310311648","host_organization_name":"Oxford University Press","host_organization_lineage":["https://openalex.org/P4310311648","https://openalex.org/P4310311647"],"host_organization_lineage_names":["Oxford University Press","University of Oxford"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Review of Economic Studies","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5074484078","display_name":"Nancy D. Ruggles","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Nancy Ruggles","raw_affiliation_strings":["New Haven, Conn"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"New Haven, Conn","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5074484078"],"corresponding_institution_ids":[],"apc_list":{"value":4952,"currency":"GBP","value_usd":6530},"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":103,"citation_normalized_percentile":{"value":0.09545876,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":100},"biblio":{"volume":"17","issue":"1","first_page":"29","last_page":"29"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10785","display_name":"Economic Theory and Institutions","score":0.25099998712539673,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10785","display_name":"Economic Theory and Institutions","score":0.25099998712539673,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13138","display_name":"Legal and Constitutional Studies","score":0.19349999725818634,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11043","display_name":"Merger and Competition Analysis","score":0.1120000034570694,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/marginal-cost-pricing","display_name":"marginal cost pricing","score":0.9959999918937683},{"id":"https://openalex.org/keywords/welfare-economics","display_name":"welfare economics","score":0.7649999856948853},{"id":"https://openalex.org/keywords/price-theory","display_name":"price theory","score":0.5649999976158142},{"id":"https://openalex.org/keywords/cost-pricing","display_name":"cost pricing","score":0.3310000002384186},{"id":"https://openalex.org/keywords/allocative-efficiency","display_name":"allocative efficiency","score":0.5839999914169312}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6574987173080444},{"id":"https://openalex.org/C66887028","wikidata":"https://www.wikidata.org/wiki/Q382444","display_name":"Marginal cost","level":2,"score":0.6367868781089783},{"id":"https://openalex.org/C2778217808","wikidata":"https://www.wikidata.org/wiki/Q5683658","display_name":"Haven","level":2,"score":0.5918711423873901},{"id":"https://openalex.org/C100243477","wikidata":"https://www.wikidata.org/wiki/Q12002092","display_name":"Welfare","level":2,"score":0.5081584453582764},{"id":"https://openalex.org/C133425853","wikidata":"https://www.wikidata.org/wiki/Q60571","display_name":"Neoclassical economics","level":1,"score":0.32744649052619934},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.07280859351158142},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.06653335690498352},{"id":"https://openalex.org/C114614502","wikidata":"https://www.wikidata.org/wiki/Q76592","display_name":"Combinatorics","level":1,"score":0.051460087299346924}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.2307/2295787","doi":"https://doi.org/10.2307/2295787","is_oa":false,"landing_page_url":"https://doi.org/10.2307/2295787","pdf_url":null,"source":{"id":"https://openalex.org/S88935262","display_name":"The Review of Economic Studies","issn_l":"0034-6527","issn":["0034-6527","1467-937X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","ft50","jufo-3","norway-2","poland-200","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310311648","host_organization_name":"Oxford University Press","host_organization_lineage":["https://openalex.org/P4310311648","https://openalex.org/P4310311647"],"host_organization_lineage_names":["Oxford University Press","University of Oxford"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Review of Economic Studies","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:oup:restud:v:17:y:1949:i:1:p:29-46.","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10.2307/2295787","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"score":0.5299999713897705,"id":"https://metadata.un.org/sdg/10","display_name":"Reduced inequalities"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W1982971116","https://openalex.org/W1586379056","https://openalex.org/W2317914815","https://openalex.org/W2301103936","https://openalex.org/W2053199540","https://openalex.org/W3122638326","https://openalex.org/W1996689308","https://openalex.org/W2791278655","https://openalex.org/W2333572476","https://openalex.org/W2158644388"],"abstract_inverted_index":{"Nancy":[0],"Ruggles;":[1],"The":[2,11],"Welfare":[3],"Basis":[4],"of":[5,13],"the":[6],"Marginal":[7],"Cost":[8],"Pricing":[9],"Principle,":[10],"Review":[12],"Economic":[14],"Studies,":[15],"Volume":[16],"17,":[17],"Issue":[18],"1,":[19],"1":[20],"January":[21],"1949,":[22],"Pages":[23],"29\u201346,":[24],"https:":[25]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":21},{"year":2018,"cited_by_count":2},{"year":2017,"cited_by_count":1},{"year":2015,"cited_by_count":2},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":2}],"updated_date":"2026-10-12T09:40:04.860316","created_date":"2016-06-24T00:00:00"}