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Peak-Load Pricing

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Abstract

The present-day theory of peak-load pricing is concerned with the identification of the optimal pricing structure for a particular class of products: essentially, commodities the demand for which is episodic (variable by time of day, season, or whatever) and whose technical conditions of production make storage difficult and/or are discontinuous in terms of volume.

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Bibliography

  • Joskow, P.L. 1976. Contributions of the theory of marginal cost pricing. Bell Journal of Economics 7(1): 197–206.

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  • Symposium on Peak Load Pricing. 1976. Bell Journal of Economics 7(1): 195–248.

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  • Wiseman, J. 1957. The theory of public utility price – An empty box. Oxford Economic Papers 9: 56–74.

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  • Wiseman, J., eds. 1983. Beyond positive economics? London: Macmillan.

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Wiseman, J. (2018). Peak-Load Pricing. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_1825

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