Abstract
The issue of peak pricing is one which has often been raised as part of the marginal-cost-pricing controversy; it illustrates well some of the basic principles of price policy, as well as some pitfalls which exist in its application, and this chapter is in some ways an extension of the themes introduced in Chapter 7.
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Suggestions for Further Reading
HAROLD HOTELLING, ‘The General Welfare in Relation to Problems of Taxation and of Railway and Utility Rates’, Econometrica, vol. 6 (1938).
H. S. HOUTHAKKER, ‘Electricity Tariffs in Theory and Practice’, Economic Journal, vol. 61 (1951).
J. R. NELSON (ED.), Marginal Cost Pricing in Practice (Englewood Cliffs, N.J.: Prentice-Hall, 1964).
RALPH TURVEY, Optimal Pricing and Investment in Electricity Supply (London: Allen & Unwin, 1968).
O. E. WILLIAMSON, ‘Peak-load Pricing and Optimal Capacity under Indivisibility Constraints’, American Economic Review, vol. 56 (1966).
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© 1977 Catherine M. Price
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Price, C.M. (1977). Peak-Load Pricing. In: Welfare Economics in Theory and Practice. Palgrave, London. https://doi.org/10.1007/978-1-349-15739-6_11
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DOI: https://doi.org/10.1007/978-1-349-15739-6_11
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-19838-4
Online ISBN: 978-1-349-15739-6
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