Abstract
In the December 1949 issue of the American Economic Review, Professor Stigler formulates an interesting and useful theory of delivered price systems.1 As a first approximation this paper assumes, with Stigler, that basing point pricing is a manifestation of oligopolistic collusion with respect to price, but that rivalry in sales efforts and services continues. Although other aspects of Stigler's theory deserve comment, the purpose of this paper is to comment principally upon his hypotheses about cross-hauling. According to Stigler,
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