Optimal Non-linear Pricing with Regulatory Preference Over Customer Types

Optimal Non-linear Pricing with Regulatory Preference Over Customer Types PDF Author: William W. Sharkey
Publisher:
ISBN:
Category : Pricing
Languages : en
Pages : 66

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Optimal Non-linear Pricing with Regulatory Preference Over Customer Types

Optimal Non-linear Pricing with Regulatory Preference Over Customer Types PDF Author: William W. Sharkey
Publisher:
ISBN:
Category : Pricing
Languages : en
Pages : 66

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Book Description


Optimal Non-linear Pricing with Regulatory Preference Over Customary Types

Optimal Non-linear Pricing with Regulatory Preference Over Customary Types PDF Author: William W. Sharkey
Publisher:
ISBN:
Category : Price regulation
Languages : en
Pages : 66

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Nonlinear Pricing

Nonlinear Pricing PDF Author: Robert B. Wilson
Publisher: Oxford University Press, USA
ISBN: 9780195115826
Category : Business & Economics
Languages : en
Pages : 446

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Book Description
What do phone rates, frequent flyer programs, and railroad tariffs all have in common? They are all examples of nonlinear pricing. Pricing is nonlinear when it is not strictly proportional to the quantity purchased. The Electric Power Research Institute has commissioned Robert Wilson to review the various facets of nonlinear pricing. The work starts with a general non-mathematical discussion, followed by a more technical presentation intended for readers with a fairly advanced background. Thorough and detailed, this study has ample examples of case studies from a variety of industries.

Pricing and Price Regulation

Pricing and Price Regulation PDF Author: D. Bös
Publisher: Elsevier
ISBN: 0080514707
Category : Business & Economics
Languages : en
Pages : 472

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Book Description
This clear, precisely written text presents an important branch of the modern, micro-economically based theory of industrial organization and of public finance, utilizing calculus only. Answers are provided to some pertinent economic questions, such as the pricing policies of vote-seeking politicians, of empire-building bureaucrats and of out-put-maximizing and energy-saving public utilities. These policies are compared with the welfare economic benchmark rules e.g. on marginal cost pricing and Ramsey pricing. Great significance is attached to price regulation. The book elucidates the recent replacement of rate of return regulation by price-cap regulation. It also explains why many simple rules like yardstick regulation fail to achieve optimal prices, which shows how complicated it is to induce managers to truthfully reveal their private information. How this can be achieved properly is shown in various principal-agent models on regulation with uncertain costs, uncertain demand and with soft budget constraints.

IBSS: Economics: 1993 Vol 42

IBSS: Economics: 1993 Vol 42 PDF Author:
Publisher: Psychology Press
ISBN: 9780415111478
Category : Business & Economics
Languages : en
Pages : 660

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Book Description
This bibliography lists the most important works published in economics in 1993. Renowned for its international coverage and rigorous selection procedures, the IBSS provides researchers and librarians with the most comprehensive and scholarly bibliographic service available in the social sciences. The IBSS is compiled by the British Library of Political and Economic Science at the London School of Economics, one of the world's leading social science institutions. Published annually, the IBSS is available in four subject areas: anthropology, economics, political science and sociology.

Optimal Non-linear Pricing with Data-sensitive Consumers

Optimal Non-linear Pricing with Data-sensitive Consumers PDF Author: Daniel Krähmer
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
We introduce consumers with intrinsic privacy preferences into the monopolistic non-linear pricing model. Next to classical consumers, there is a share of data-sensitive consumers who incur a privacy cost if their purchase reveals information to the monopolist. The monopolist discriminates between privacy types using privacy mechanisms which consist of a direct mechanism and a privacy option, targeting, respectively, classical and data-sensitive consumers. We show that a privacy mechanism is optimal if privacy costs are large and that it yields classical consumers a higher utility than data-sensitive consumers with the same valuation. If, by contrast, privacy preferences are public information, data-sensitive consumers with a low valuation obtain a strictly higher utility than classical consumers. With public privacy preferences, data-sensitive consumers and the monopolist are better off, whereas classical consumers are worse off. Our results are relevant for policy measures that target the data-awareness of consumers, such as the European GDPR.

Optimal multiproduct nonlinear pricing with correlated consumer types

Optimal multiproduct nonlinear pricing with correlated consumer types PDF Author: Yossi Spiegel
Publisher:
ISBN:
Category : Pricing
Languages : en
Pages : 24

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Book Description


Competition in Regulated Industries

Competition in Regulated Industries PDF Author: Dieter Helm
Publisher: OUP Oxford
ISBN: 019829252X
Category : Social Science
Languages : en
Pages : 302

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Book Description
The UK has pioneered the introduction of competition into service industries. The radical policy innovations have been controversial. This volume looks at the lessons which have emerged from the UK so far, and considers the implications for future policy in the UK and for other countries following its precedent.

Frontiers in Water Resource Economics

Frontiers in Water Resource Economics PDF Author: Renan-Ulrich Goetz
Publisher: Springer Science & Business Media
ISBN: 0387300562
Category : Business & Economics
Languages : en
Pages : 289

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Book Description
Most of the books published previously in the field of water resource eco nomics focus on particular aspects of water economics such as institutions, pricing or water markets, but none of them have given particular attention to methodological questions. However, the applied methodology within economic research has made some remarkable advances over the last 10-20 years. Some of these advances are of particular interest to the field of water economics. Therefore, we think that a book that focusing on methodological advances within the field of water resource economics and showing how these advances can be applied in economic analysis of water issues makes a nice complement to the existing literature in this field. We identified five areas where we consider the methodological advances to be of particular importance: 1) asymmetric information and game theory, 2) un certainty, 3) space, 4) water quality and 5) production and technology adoption. The selected papers for the book fall entirely within these categories. The book ''Frontiers in Water Resource Economics" draws to a great extent on papers which were presented at the 7^^ Conference of the International Water and Re source Economics Consortium, June 3-5,2001 held in Girona, Catalonia, Spain, This conference was jointly organized with the 4^^ Conference of Environmen tal and Resource Economics by the Department of Economics, University of Girona.

Computational Economics and Finance

Computational Economics and Finance PDF Author: Hal R. Varian
Publisher: Springer Science & Business Media
ISBN: 9780387945187
Category : Business & Economics
Languages : en
Pages : 486

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Book Description
This collection of articles is edited by Hal Varian, Dean of the School of Information Management and Systems, University of California, Berkeley. It provides a high quality and practical selection of contributed articles that impart the expertise of an international contingent of Mathematica users from the economic, financial, investments, quantitative business and operations research communities.