Includes bibliographical references and index.

Introduction: pricing as an element of the marketing mix -- The starting point in setting an initial price -- Assessing value to the customer -- Basic pricing strategies and the use of breakeven analysis -- Development and use of the generalized breakeven formula -- Predicting price-change response: economic and competitive factors -- Predicting price-change response: cognitive factors -- Predicting price-change response: emotional factors -- Emprical measurement of price-change responce -- The logic of price segmentation -- Time as a price-segmentation fence -- Place as a prise-segmentation fence -- Pricing of interrelated products -- Interactive pricing: actions and negotiation -- Law, ethics, and social responsibility in pricing -- The role of price in marketing strategy.