CAPACITY-CONTINGENT NONLINEAR PRICING BY REGULATED FIRMS

被引:12
作者
SPULBER, DF
机构
[1] Northwestern University J.L. Kellogg Graduate School of Management, Leverone Hall, Evanston, 60208-2001, IL
关键词
D O I
10.1007/BF00134924
中图分类号
F [经济];
学科分类号
02 [经济学];
摘要
Second-best Pareto optimal pricing by a regulated firm subject to demand and capacity shocks is examined. Nonlinear price schedules for the firm's customers are obtained that are contingent on capacity realizations. The second-best Pareto optimal mechanism also is implemented by an allocation mechanism based on the consumer's choice of a minimum demand or firm power level. The optimal mechanism is implemented as well by a general form of priority pricing.
引用
收藏
页码:299 / 319
页数:21
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