Download or read book Local Telephone Costs and the Design of Rate Structures written by Bridger M. Mitchell and published by . This book was released on 1981 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: A 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.
Download or read book Local Telephone Costs and the Design of Rate Structure written by and published by . This book was released on 1981 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Alternative Measured service Rate Structures for Local Telephone Service written by Bridger M. Mitchell and published by . This book was released on 1980 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 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.
Download or read book The Pricing Structure of Local Telephone Service written by James H. Alleman and published by . This book was released on 1977 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Pricing of Local Telephone Service written by James H. Alleman and published by . This book was released on 1977 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Telecommunications Demand in Theory and Practice written by L.D. Taylor and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: Telecommunications Demand in Theory and Practice, which builds upon the author's seminal 1980 book, Telecommunications Demand: A Review and Critique, provides comprehensive analyses of the determinants and structure of telecommunications demands in the United States and Canada. Theory and empirical application receive equal emphasis with a heavy focus on the developments and econometric research since the divestiture of AT&T in 1984. For the first time, a detailed theoretical analysis of business telecommunications demand on subscriber and usage consumption externalities is presented. Telecommunications Demand in Theory and Practice is without peer in the documentation and analysis of price elasticities of demand for telecommunications services. This new book also includes a comprehensive bibliography with over 500 entries related to telecommunications demand and pricing. Telecommunications Demand will appeal to both academic and consulting economists, telecommunications industry analysts and regulators, and to teachers of courses in applied econometrics and regulated industries.
Download or read book Telephone Communications written by United States. General Accounting Office and published by . This book was released on 1986 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Analysis of Telecommunications written by Léon Courville and published by North Holland. This book was released on 1983 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Aspects of Measured service Telephone Pricing written by Bridger M. Mitchell and published by . This book was released on 1979 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Report to the Legislature on Measured Rates for Telephone Service written by and published by . This book was released on 1985 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Selected Orders of the Public Service Commission of Wisconsin written by Public Service Commission of Wisconsin and published by . This book was released on 1989 with total page 752 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Options Papers written by United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Communications and published by . This book was released on 1977 with total page 678 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Message Toll Telephone Rates and Disparities written by and published by . This book was released on 1951 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Industrial Reorganization Act The communications industry written by United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust and Monopoly and published by . This book was released on 1973 with total page 1012 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Army Lawyer written by and published by LLMC. This book was released on 1990 with total page 858 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact of the FCC s Telephone Access Charge Decision written by United States. Congress. House. Committee on Government Operations. Government Information, Justice, and Agriculture Subcommittee and published by . This book was released on 1984 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt:
