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 ...
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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.
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Seller's Description:
Good Condition. Front cover and a few pages slighty bent. Internally clean and bright. Previous owner's name inside front cover. Overall, sound and serviceable. Size: 22.8 x 15.2 x 2.8 cm. 252 pp. Shipped Weight: Under 500 grams. Category: Economics; Public utilities--Rates; Name; Brown, Stephen J. (Stephen Jeffery), 1949-; Sibley, David S. 1947-[Honoree; Author; Other]; ISBN: 0521314003. ISBN/EAN: 9780521314008. Add. Inventory No: 231025DHC2-4048.
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Seller's Description:
Very Good. This book presents the results of research by economists on public utility pricing issues and the theory of regulation; the main subject is the policy to be followed by a regulated monolopy, but the analysis also includes competitive suppliers; it gives a unified and simplified exposition of the modern theory of efficient pricing (blue & pink cover with white lettering, faint crease along front fold; otherwise a bright, clean, tight copy)
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Seller's Description:
Fine. Size: 8x5x0; no remarks or highlights. 256 pages with the index. paperback. based on your address. -We can ship from USA and Canada. Specializing in academic, collectible and historically significant, providing the utmost quality and customer service satisfaction. For any questions feel free to email us.