Peak Load and Capacity Pricing

Peak Load and Capacity Pricing PDF Author: C. Harris
Publisher: Springer
ISBN: 1137370920
Category : Business & Economics
Languages : en
Pages : 265

Get Book Here

Book Description
Peak Load and Capacity Pricing lays out clear pricing strategies for understanding peak load and capacity pricing structures, further cementing electricity's role as an asset class with fixed and variable costs.

Peak Load and Capacity Pricing

Peak Load and Capacity Pricing PDF Author: C. Harris
Publisher: Springer
ISBN: 1137370920
Category : Business & Economics
Languages : en
Pages : 265

Get Book Here

Book Description
Peak Load and Capacity Pricing lays out clear pricing strategies for understanding peak load and capacity pricing structures, further cementing electricity's role as an asset class with fixed and variable costs.

Cost Sharing, Capacity Investment and Pricing in Networks

Cost Sharing, Capacity Investment and Pricing in Networks PDF Author: Anja Schedel
Publisher: Springer Nature
ISBN: 3658331704
Category : Mathematics
Languages : en
Pages : 236

Get Book Here

Book Description
Anja Schedel analyzes two models in the field of algorithmic game theory which both constitute bilevel problems in networks. The first model is a game-theoretic variant of the well-known Steiner forest problem, and one is interested in an optimal sharing of the cost of the Steiner forest. The author provides (and partially exactly characterizes) network structures which allow for cost-minimal pure Nash equilibria. The second model is motivated from privatized public roads, in which private, selfishly acting firms build roads, and as compensation for their investment, are allowed to set prices for using the roads. For a basic model of this situation, the author shows existence and uniqueness of pure Nash equilibria. The existence result requires a non-standard proof approach since techniques like Kakutani’s fixed point theorem cannot be applied directly.

Pricing, Demand Analysis and Simulation

Pricing, Demand Analysis and Simulation PDF Author: Nadira Barkatullah
Publisher: Universal-Publishers
ISBN: 1581120478
Category : Business & Economics
Languages : en
Pages : 216

Get Book Here

Book Description
Recent changes in the New South Wales water utilities show a trend towards usage-related pricing, with the aim of providing efficient signals for consumption. This thesis evaluates alternative pricing strategies for water against the criteria of efficiency and equity while maintaining the financial viability of the public utility. First, the water utility cost structure is examined by developing cost functions to estimate short and long-run marginal costs, using a quarterly time-series data from 1970/71 to 1995/96. Second, a residential water demand model is developed using a panel data set (constructed for the analysis), comprising 822 cross-sectional units and 23 quarterly time periods from 1990/91 to 1995/96. The purposes of developing the demand model are to test the sensitivity of water demand to changes in the tariff structure and to use it to simulate the impact of alternative pricing strategies. Third, the simulation model is developed to analyse various pricing reforms using both the cost and demand model results, where the individual welfare and aggregate efficiency gains are determined under each pricing policy. In addition to this, the distributional effects of various tariff structures are examined. The empirical results of the cost structure estimates are comparable with previous studies. The demand estimation indicates that consumers respond to price, therefore price can be considered as a tool in the implementation of demand management strategies. However, the magnitude of the price elasticity suggests that substantial increases in price would be required to influence demand. Finally, the simulation results show that in the case of movement from the actual tariff structure to a two-part tariff policy (where the usage charge is equal to the short-run marginal cost), leads to highest efficiency gains.

The Regulation of Monopoly

The Regulation of Monopoly PDF Author: Roger Sherman
Publisher: Cambridge University Press
ISBN: 9780521368629
Category : Business & Economics
Languages : en
Pages : 332

Get Book Here

Book Description
Competition may not function well where technology calls for large and complex investments, as in the electrivity industry where public utilities often provide service. This book presents economic welfare foundations for the purpose of evaluating how well, from a social point of view, an enterprise performs when competition is unable to function. Problems with existing institutions are emphasized. Topics treated include welfare measures and their uses in peak-load pricing, second-best pricing, and income distribution. Professor Sherman covers public choice difficulties of government intervention, and describes problems with incentives in statutory monopolies and efforts to overcome them through the study of principal-agent relationships. Contestability and sustainable prices are also discussed, as well as effects of uncertainty and imperfect information.

Global Supply Chain and Operations Management

Global Supply Chain and Operations Management PDF Author: Dmitry Ivanov
Publisher: Springer Nature
ISBN: 3030723313
Category : Business & Economics
Languages : en
Pages : 673

Get Book Here

Book Description
The third edition of this textbook comprehensively discusses global supply chain and operations management (SCOM), combining value creation networks and interacting processes. It focuses on operational roles within networks and presents the quantitative and organizational methods needed to plan and control the material, information, and financial flows in supply chains. Each chapter begins with an introductory case study, while numerous examples from various industries and services help to illustrate the key concepts. The book explains how to design operations and supply networks and how to incorporate suppliers and customers. It examines how to balance supply and demand, a core aspect of tactical planning, before turning to the allocation of resources to meet customer needs. In addition, the book presents state-of-the-art research reflecting the lessons learned from the COVID-19 pandemic, and emerging, fast-paced developments in the digitalization of supply chain and operations management. Providing readers with a working knowledge of global supply chain and operations management, with a focus on bridging the gap between theory and practice, this textbook can be used in core, specialized, and advanced classes alike. It is intended for a broad range of students and professionals in supply chain and operations management.

Transfer Pricing Methods

Transfer Pricing Methods PDF Author: Robert Feinschreiber
Publisher: John Wiley & Sons
ISBN: 0471573604
Category : Business & Economics
Languages : en
Pages : 339

Get Book Here

Book Description
Advanced praise for Transfer Pricing Methods "Feinschreiber and a team of renowned executives have provided the definitive transfer-pricing guide to this challenging area. At a time when many companies are reviewing documents, policies, and procedures, it's wonderful to have a concise, clearly written reference focused on what may be the most critical corporate tax issue." -Charles R. Goulding, Managing Director, Tax Cooper Industries, Inc. "It is refreshing to find a treatise on transfer pricing that combines practical business considerations, economic theory, and a discussion of technical tax rules in a way that is meaningful not only for large corporate enterprises but also small and medium-sized businesses." -Vikram A. Gosain, JD, CPA, Director of Transfer Pricing General Electric Capital Corporation "This well-written book will be useful both to attorneys new to the practice area and to older hands. It includes very helpful discussions on valuation issues that will be particularly useful for in-house counsel and accountants." -Joseph C. Mandarino, Partner Troutman Sanders, LLP "Feinschreiber and his contributors have cogently explained hundreds of useful facets in the transfer pricing field that have taken others volumes to articulate. The busy professional should consider this book in his or her quest for knowledge in the scintillating tax specialty." -Charles L. Crowley, Partner ITS/Customs and International Trade Practice, Ernst & Young, LLP "Transfer Pricing Methods . . . should become a standard tool for every owner-managed and mid-cap multinational." -Enrique MacGregor, Principal-in-Charge, Transfer Pricing Services Grant Thornton LLP "Bob's vast experience in transfer pricing matters has again been captured between the covers of a book. Thank you, Bob, and your contributing colleagues, for producing another valuable helpmate." -Alan Getz, Vice President and General Manager, Tax Mitsui & Co., Inc. (U.S.A.) "Feinschreiber's current publication is a practical handbook that presents transfer pricing tools that can assist tax professionals of mid-sized companies to optimize profits, manage cash flows, and moderate taxes in a defensible manner." -Per H. Hasenwinkle, National Practice Leader, Transfer Pricing BDO Seidman, LLP

Economics of Power Systems

Economics of Power Systems PDF Author: Christoph Weber
Publisher: Springer Nature
ISBN: 3030977706
Category : Business & Economics
Languages : en
Pages : 439

Get Book Here

Book Description
In order to manage the transition towards a sustainable future electricity system, an in-depth understanding of the key technological, economic, environmental and societal drivers for electricity markets is required. Suitable for advanced undergraduate and graduate students, this textbook provides an overview of these drivers and introduces readers to major economic models and empirical evidence for the study of electricity markets and systems. Readers will learn about electricity generation, demand, transport, and storage, as well as the fundamentals of grid and electricity markets in Europe. By introducing them to state-of-the-art models from operations research and economics, the book provides a solid basis for analytical insights and numerical modeling. Furthermore, the book discusses the policy instruments and design choices for electricity market regulation and sustainable power system development, as well as the current challenges for smart energy systems.

World Steel Trade

World Steel Trade PDF Author: United States. Congress. House. Committee on Ways and Means. Subcommittee on Trade
Publisher:
ISBN:
Category : Steel industry and trade
Languages : en
Pages : 422

Get Book Here

Book Description


Capacity Pricing

Capacity Pricing PDF Author: Shmuel Oren
Publisher:
ISBN:
Category : Prices
Languages : en
Pages : 27

Get Book Here

Book Description
A central issue in price theory is how to set prices for services that require the seller to incur a setup cost. In this paper we adopt a novel approach using nonlinear pricing, and address the special case of a monopoly. Restrictive assumptions are imposed on the cost and demand functions, but these enable a complete characterization of the optimal pricing policy. The problem we address is formally one of nonlinear pricing for a multiproduct monopoly, which has been studied by Mirman and Sibley 1980. However, their analysis does not recognize the crucial role of the discontinuity in the cost function and its ramifications for the optimal pricing policy. (Author).

The Price Advantage

The Price Advantage PDF Author: Walter L. Baker
Publisher: John Wiley & Sons
ISBN: 0470481773
Category : Business & Economics
Languages : en
Pages : 405

Get Book Here

Book Description
A comprehensive look at creating pricing strategies that work in both good economic times and bad Written by three preeminent pricing experts at McKinsey & Company, the Second Edition of The Price Advantage is a practical pricing guide for the executive or pricing practitioner who wants to identify, capture, and sustain substantial pricing gains in their business. Pricing is by far the most powerful profit lever that managers can influence. Yet few companies approach pricing in a way that fully capitalizes on its value. This Second Edition, a major revision and extension of the first book, shows you what it takes to achieve the price advantage in today's competitive and complex business environments. Based on in-depth, first-hand experience with thousands of companies, this book provides managers with a pragmatic guide through the maze of pricing issues. It reinforces why pricing excellence is more critical than ever today and then explains state-of-the-art approaches to analyzing and improving your own pricing strategy and execution. Explores the fundamental role of pricing infrastructure in achieving the price advantage Includes new topics such as software and information products pricing, lifecycle pricing, custom-configured products pricing, pricing of high-count product lines, pricing in distributed sales environments, "razor/razor blades" pricing, and tiered products and services pricing Revisits the full range of classic McKinsey pricing tools, including the pocket price waterfall and value maps Engaging and informative, the Second Edition of The Price Advantage will put this essential discipline in perspective.