Tommy Andersson
Professor
Nonlinear Pricing under a Balanced-Budget Requirement: The n-Type Case
Författare
Summary, in English
An economy consisting of n>=2 different types of consumers and one publicly owned natural monopoly is under consideration. The preferences of the consumers are assumed to be linear in money and the demand curves are assumed not to cross. We also suppose that the net utility from consumption is so high that we do not have to consider the individual rationality constraints. Given these assumptions, we completely characterize the set of budget-balanced and Pareto efficient nonlinear pricing schedules. This complete characterization has only been presented in the two-type case before
Avdelning/ar
- Nationalekonomiska institutionen
Publiceringsår
2004
Språk
Engelska
Publikation/Tidskrift/Serie
Working Papers. Department of Economics, Lund University
Issue
25
Fulltext
- Available as PDF - 349 kB
- Download statistics
Länkar
Dokumenttyp
Working paper
Förlag
Department of Economics, Lund University
Ämne
- Economics
Nyckelord
- Nonlinear Pricing
- Budget-Balance
Status
Published
ISBN/ISSN/Övrigt
- ISSN: 1103-3010