Hostname: page-component-7bb8b95d7b-l4ctd Total loading time: 0 Render date: 2024-10-02T19:52:28.877Z Has data issue: false hasContentIssue false
  • English
  • Français

The Theory of the Black Market: Further Considerations

Published online by Cambridge University Press:  07 November 2014

A. F. W. Plumptre
A. F. W. Plumptre*
Affiliation:
Toronto
Get access

Abstract

An abstract is not available for this content so a preview has been provided. Please use the Get access link above for information on how to access this content.
Image of the first page of this content. For PDF version, please use the ‘Save PDF’ preceeding this image.'
Type
Notes and Memoranda
Information
Canadian Journal of Economics and Political Science/Revue canadienne de economiques et science politique , Volume 13 , Issue 2 , May 1947 , pp. 280 - 282
Copyright
Copyright © Canadian Political Science Association 1947

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

1 This Journal, vol. XIII, no. 1, Feb., 1947, p. 115.

2 Since this note was written I have read the article by Mr.Bronfenbrenner, on “Price Control under Imperfect Competition” in the American Economic Review, vol. XXXVII, no. 1, 03, 1947 Google Scholar, especially section II. Mr. Boulding writes about a competitive market, while Mr. Bronfenbrenner writes about a firm in imperfect competition. Nevertheless, the following remark of the latter seems relevant: the black market price “will usually exceed … the uncontrolled imperfectly competitive price … to say nothing of the hypothetical ‘competitive’ price …” (p. 112).