Nonlinear Pricing under a Balanced-Budget Requirement: The n-Type Case
(2004) In Working Papers. Department of Economics, Lund University- Abstract
- 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
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/1387111
- author
- Andersson, Tommy LU
- organization
- publishing date
- 2004
- type
- Working paper/Preprint
- publication status
- published
- subject
- keywords
- Nonlinear Pricing, Budget-Balance
- in
- Working Papers. Department of Economics, Lund University
- issue
- 25
- publisher
- Department of Economics, Lund University
- ISSN
- 1103-3010
- language
- English
- LU publication?
- yes
- id
- 53359272-9fb2-4f51-974a-0622dbd67ee5 (old id 1387111)
- date added to LUP
- 2016-04-01 16:10:54
- date last changed
- 2024-09-17 16:29:23
@misc{53359272-9fb2-4f51-974a-0622dbd67ee5, abstract = {{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}}, author = {{Andersson, Tommy}}, issn = {{1103-3010}}, keywords = {{Nonlinear Pricing; Budget-Balance}}, language = {{eng}}, note = {{Working Paper}}, number = {{25}}, publisher = {{Department of Economics, Lund University}}, series = {{Working Papers. Department of Economics, Lund University}}, title = {{Nonlinear Pricing under a Balanced-Budget Requirement: The n-Type Case}}, url = {{https://lup.lub.lu.se/search/files/195339538/WP04_21.pdf}}, year = {{2004}}, }