The Theory Of Public Utility Pricing
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The Theory Of Public Utility Pricing
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Author : Stephen J. Brown
language : en
Publisher: Cambridge University Press
Release Date : 1986-02-28
The Theory Of Public Utility Pricing written by Stephen J. Brown and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986-02-28 with Business & Economics categories.
Debate about deregulation has focused considerable attention on the pricing policies of public utilities. Much work has been done by economists on this subject, and in this book the results of that research are presented and made accessible to students of economics. The main subject is the policy to be followed by a regulated monopoly, but the analysis is broadened to take account of a fringe of competitive suppliers, making it relevant to electric utilities and local telephone companies in the US, to PTT's in Europe, to the possible privatisatibn of telecommunications in Australia, and to the telecommunications structure in the UK where the dominant supplier has recently been privatised. The book gives a unified and simplified exposition of the modern theory of efficient pricing which is not available elsewhere. The theoretical discussion is supplemented by numerical simulation comparing Fully Distributed Cost Pricing, Ramsey Pricing, and Optimal Non-uniform Pricing.
The Theory Of Public Utility Pricing
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Author : Stephen J. Brown
language : en
Publisher:
Release Date : 1986
The Theory Of Public Utility Pricing written by Stephen J. Brown and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with categories.
Pricing And Price Regulation
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Author : D. Bös
language : en
Publisher: Elsevier
Release Date : 2015-12-04
Pricing And Price Regulation written by D. Bös and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-12-04 with Business & Economics categories.
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.
The Theory Of Public Utility Pricing
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Author : Allan Callow
language : en
Publisher:
Release Date : 1972
The Theory Of Public Utility Pricing written by Allan Callow and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1972 with Bus lines categories.
Fairness Or Efficiency
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Author : Edward E. Zajac
language : en
Publisher:
Release Date : 1978
Fairness Or Efficiency written by Edward E. Zajac and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Law categories.
Welfare Economics And The Theory Of Optimum Public Utility Pricing And Their Practical Application With Special Reference To Federal Transportation Policy
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Author : Thomas Anton Martinsek
language : en
Publisher:
Release Date : 1956
Welfare Economics And The Theory Of Optimum Public Utility Pricing And Their Practical Application With Special Reference To Federal Transportation Policy written by Thomas Anton Martinsek and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1956 with Price regulation categories.
Essays On Public Utility Pricing And Regulation
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Author : Harry Martin Trebing
language : en
Publisher:
Release Date : 1971
Essays On Public Utility Pricing And Regulation written by Harry Martin Trebing and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1971 with Public utilities categories.
Principles Of Public Utility Rates
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Author : James Cummings Bonbright
language : en
Publisher:
Release Date : 1988
Principles Of Public Utility Rates written by James Cummings Bonbright and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Law categories.
Grasp regulatory issues and the principles of public utility pricing...Start with basic theory; learn what multiple functions public utility rates are designed to perform; understand the four primary functions rate regulations must perform; examine what constitutes fairness of rates; and wrap it all up with the criteria for judging a sound rate structure.
The Economics Of Public Utility Regulation
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Author : Michael A. Crew
language : en
Publisher: Springer
Release Date : 1986-06-18
The Economics Of Public Utility Regulation written by Michael A. Crew and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986-06-18 with Social Science categories.
Public Utility Regulation
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Author : Kenneth Nowotny
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Public Utility Regulation written by Kenneth Nowotny and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
David B. Smith This is a book about the application of economic theory to a unique form of social control - public utility regulation. A central theme of this work is to examine the role that economics has played in shaping the rationale and direction of regulatory practices. While economic theory has played an important role in the shaping of regulatory policy in the past, it has an even greater potential role to play in the future as the regulatory community grapples with the many challenges of a changing economic environment. This is a very timely and much needed piece of work that can serve as a reference for decision makers who are facing the challeng ing problems of deregulation and competition. This work is comprised of 13 selected articles that guide the reader from an initial discussion of why we decided to regulate certain industries in the first place to a specific analysis of what role economic theory has played in the electric, natural gas, telecommunications, and water indus tries, and whether it should be allowed to play an even more dominant role in the future. The reader is then provided with a more modern version of what economists mean by the concept of natural monopoly and a menu of policy options that will allow society to derive any benefits from such a market structure.
