The Pricing Structure of Local Telephone Service
Author: James H. Alleman
Publisher:
Published: 1977
Total Pages: 36
ISBN-13:
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Author: James H. Alleman
Publisher:
Published: 1977
Total Pages: 36
ISBN-13:
DOWNLOAD EBOOKAuthor: James H. Alleman
Publisher:
Published: 1977
Total Pages: 200
ISBN-13:
DOWNLOAD EBOOKAuthor: James H. Alleman
Publisher:
Published: 1977
Total Pages: 21
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DOWNLOAD EBOOKAuthor: Bridger M. Mitchell
Publisher:
Published: 1980
Total Pages: 32
ISBN-13:
DOWNLOAD EBOOKThe ex-post option would constitute a market test that could discriminate between alternative explanations of consumers' observed preferences for flat-rate service. By choosing the ex-post option consumers could obtain information about their own local telephone usage at low cost. If they presently select flat-rate service primarily because of uncertainty about what their bills would be under measured rates, then an optional ex-post rate should be popular. However, if consumers' choices to date reflect the behavior of informed subscribers who derive utility simply from being able to place local calls at a zero price, then providing an ex-post option will not significantly increase the total number of consumers on a measured rate. In this case, the market data would provide a method of measuring the 'utility premium' that subscribers attach to flat rates (Mitchell 1979c). The finding of a large premium would support the offering of optional flat-rate service on a subsidy-free basis. This approach would then be desirable even when--because measuring costs are small--mandatory measured service would otherwise be judged a welfare-superior rate structure.
Author: Janice Marie Newman
Publisher:
Published: 1987
Total Pages: 172
ISBN-13:
DOWNLOAD EBOOKAuthor: Hong Kong. Office of the Telecommunications Authority
Publisher:
Published: 1996
Total Pages: 26
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DOWNLOAD EBOOKAuthor: Dale Jahr
Publisher:
Published: 1984
Total Pages: 16
ISBN-13:
DOWNLOAD EBOOKAuthor: Bridger M. Mitchell
Publisher:
Published: 1981
Total Pages: 28
ISBN-13:
DOWNLOAD EBOOKA well-developed body of economic theory is available to guide the setting of prices for the multi-product regualated firm. Economic efficiency can be increased by designing rate structures that incorporate the basic principles developed from this theory. These principles call for provisionally pricing each of the firm's outputs at its marginal cost, testing to determine whether such rates satisfy a specified budget constraint (e.g., revenues = costs), and then suitably modifying the marginal-cost rates in order to satisfy the constraint. Most commonly, the trial rates produce insufficient revenue, and then rates must be raised according to the Ramsey rule--prices are increased above marginal costs in inverse proportion to the individual price elasticities of demand. This paper applies ratemaking theory to the design of rate structures for local telephone calls that efficiently rate the costs of the local network.
Author: Bridger M. Mitchell
Publisher:
Published: 1982
Total Pages: 16
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. Congress. Senate. Committee on Commerce, Science, and Transportation
Publisher:
Published: 1983
Total Pages: 124
ISBN-13:
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