Pricing and price regulation : an economic theory for public enterprises and public utilities / Dieter Bös.
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 politician...
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| Online Access: |
Full Text (via ScienceDirect) |
|---|---|
| Main Author: | |
| Other title: | Public enterprise economics. |
| Format: | eBook |
| Language: | English |
| Published: |
Amsterdam ; Oxford :
North-Holland,
1994.
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| Edition: | Third edition. |
| Series: | Advanced textbooks in economics ;
v. 34. |
| Subjects: |
Table of Contents:
- Front Cover; Pricing and Price Regulation: An Economic Theory for Public Enterprises and Public Utilities; Copyright Page; Introduction to the Series; An Overview of the Contents of this Book; What is New in this Book?; Table of Contents; Chapter 1. Introduction; 1.1 Normative and Positive Theory; 1.2 The Institutional Setting; 1.3 Socialization of Commodities; 1.4 Nationalization of Enterprises; 1.5 Privatization in Market-Oriented Economies; 1.6 Privatization in Post-Communist Economies; Part One: The Basic Pricing Model; Chapter 2. Special Pricing Rules: Objectives and Constraints.
- 2.1 Objectives I: Normative Theory2.2 Objectives II: Positive Theory; 2.3 Constraints I: Markets; 2.4 Constraints II: Production; 2.5 Constraints III: Profits and Deficits; Chapter 3. Normative Optimum Theory; 3.1 The Actors and Their Instruments; 3.2 Solving the Model; 3.3 The Conditions for Optimal Prices and Quantities; 3.4 Compensating for Income Effects; Chapter 4. Positive Optimum Theory; 4.1 Why Positive Theory?; 4.2 The Various Objectives; 4.3 The Marginal Conditions on Positive-Theory Prices; Chapter 5. Normative Piecemeal Theory.
- 5.1 On the Difference Between Optimum and Piecemeal Policies5.2 Welfare Improvements with Non-Tight Constraints; 5.3 Welfare Improvements with Tight Technology Constraint; 5.4 On Welfare-Improving Increases of Public Inefficiency; 5.5 Piecemeal-Policy Recommendations: General Rules for Some Special Cases; Chapter 6. Positive Piecemeal Theory; 6.1 Improvements with Tight and Non-Tight Constraints; 6.2 The Trade-Off Between Efficiency and Market Equilibrium; Part Two: Normative Theory Pricing Policies for Welfare Maximization; A Basic Rules; Chapter 7. Marginal-Cost Pricing; 7.1 Optimum Policy.
- 7.2 Consequences for Allocation, Distribution, and Stabilization7.3 Piecemeal Policy; Chapter 8. Ramsey Pricing; 8.1 Optimum Ramsey Policy; 8.2 Influence of Ramsey Prices on Allocation, Distribution, and Stabilization; 8.3 A Piecemeal-Policy Interpretation of the Ramsey Optimum; 9 Pricing with Distributional Aims; 9.1 Prices Versus Taxes; 9.2 Feldstein Pricing; 9.3 Comparing Distributional and Allocative Pricing; Chapter 10. Adjustment to Private Monopolistic Pricing; 10.1 The Second-Best Issue: Adjustment to, Versus Interference in, Private Monopolistic Pricing.
- 10.2 Public Prices in an Imperfect Market EconomyB Intermediate Goods; Chapter 11. Optimal Pricing of Publicly Supplied Intermediate Goods; 11.1 Modifying the Basic Model; 11.2 Distributional or Allocative Pricing?; 11.3 Allocative Pricing; 11.4 Distributional Pricing; 11.5 The Double Response of Private Firms; C Adjustment to Rationed Markets; Chapter 12. Rationed Labor Market; 12.1 Individual Employment Constraints; 12.2 An Overall Employment Constraint; Chapter 13. Capacity Limits of Public Transportation; D Time-Dependent Pricing; Chapter 14. Pricing Through Time and Adjustment Clauses.