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  2. He asserted that when a firm contemplated entry into a competi- tive industry which is subject to rising supply prices of its inputs, that firm would make a socially inefficient decision because it would ignore the effect of its entrance into the industry in raising the prices other firms would have to pay for inputs.
    www.nobelprize.org/uploads/2018/06/stigler-lecture…

    Stigler’s explanation was that if exhibitors valued films differently from one another, the distributor could collect more by “bundling” the movies. Stigler gave an example in which exhibitor A is willing to pay $8,000 for movie X and $2,500 for Y, and B is willing to pay $7,000 for X and $3,000 for Y.

    www.econlib.org/library/Enc/bios/Stigler.html
     
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    The Theory of Price - Wikipedia

    The Theory of Price is a book written by George Stigler. The book was first published in 1946, as a revision and expansion of The Theory of Competitive Price (1942), and has since been revised and reprinted several times. The book covers a range of topics related to microeconomics. See more

    Fourth Edition, 1987
    1. Introduction to Economic Analysis
    2. Prices and the Enterprise Economy
    3. Consumer Behavior See more

     
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  5. The Theory Of Price : George J. Stigler : Free …

    WEBThe Theory Of Price by George J. Stigler. Publication date 1949 Topics RMSC Collection digitallibraryindia; JaiGyan Language English Item Size 919.9M . Book Source: Digital Library of India Item 2015.166890. …

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    WEBG eorge Stigler was the quintessential empirical economist. Paging through his classic microeconomics text The Theory of Price, one is struck by how many principles of economics are illustrated with real data rather …

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