President Putin expressed doubt that the country needed to maintain a military base in Syria, adding a temporary basing point
might do the job.
The equilibrium delivered price of good |q.sub.1~ is increasing in direct proportion to the true transportation costs (t) relative to h = 0, the basing point, and not the actual production site (h = 1).
Benson, Greenhut, and Norman |1990~ also show that basing-point pricing can arise when production at the basing point is competitive while production at the periphery is monopolized.
"Delivered Pricing and Multiple Basing Point Equilibria: A Reevaluation." Quarterly Journal of Economics, May 1984, 329-49.
"The Politics of Basing Point Legislation." Law and Contemporary Problems, Spring 1950, 272-310.
"The Economics of Basing Point Pricing." Law and Contemporary Problems, Spring 1950, 159-80.
New to this edition are chapters replacing Dow Theory, an update of Dow Theory Record, new chapters on Stops and Basing Points
, new additions on moving average systems, and new material on Ralph Vince's Leverage Space Model.