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Law of One Price

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The Palgrave Encyclopedia of Strategic Management

Abstract

This article discusses the origins and modern interpretations of the economic law known as the law of one price, with particular attention given to the theoretical work on pricing and price dispersion in homogenous goods markets with incomplete information and consumer search costs for price.

This entry was originally published on Palgrave Connect under ISBN 978-1-137-49190-9. The content has not been changed.

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Author information

Authors and Affiliations

  1. John M Olin School of Business, 1 Brookings Drive Campus, Box 1133, St Louis, MO, 63130-4899, USA

    Dmitri Kuksov

Authors
  1. Dmitri Kuksov
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Correspondence to Dmitri Kuksov .

Editor information

Editors and Affiliations

  1. Stanford University , Stanford, California, USA

    Mie Augier

  2. Tusher Ctr Intellectual Capital, University of California Tusher Ctr Intellectual Capital, Berkeley, California, USA

    David J. Teece

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© 2016 The Author(s)

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Kuksov, D. (2016). Law of One Price. In: Augier, M., Teece, D. (eds) The Palgrave Encyclopedia of Strategic Management. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-94848-2_543-1

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  • DOI: https://doi.org/10.1057/978-1-349-94848-2_543-1

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  • Publisher Name: Palgrave Macmillan, London

  • Online ISBN: 978-1-349-94848-2

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