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The Theory of Public Utility Pricing - Stephen J. Brown

The Theory of Public Utility Pricing

Paperback Published: 16th June 1986
ISBN: 9780521314008
Number Of Pages: 268

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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.

Preface
Introduction and overview
Basic economic principles
Welfare and efficiency in pricing
Nonuniform pricing I
Nonuiforming pricing II
Efficient pricing and flowthrough
Efficient pricing for policy analysis
Appendices
References
Index
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521314008
ISBN-10: 0521314003
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 268
Published: 16th June 1986
Publisher: CAMBRIDGE UNIV PR
Country of Publication: GB
Dimensions (cm): 22.91 x 15.49  x 1.73
Weight (kg): 0.4

Earn 109 Qantas Points
on this Book