Nonlinear Pricing

Author: Robert B. Wilson
Publisher: Oxford University Press on Demand
ISBN: 9780195115826
Format: PDF, Mobi
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What do phone rates, frequent flyer programs, and railroad tariffs all have in common? They are all examples of nonlinear pricing. Pricing is nonlinear when it is not strictly proportional to the quantity purchased. The Electric Power Research Institute has commissioned Robert Wilson to review the various facets of nonlinear pricing. The work starts with a general non-mathematical discussion, followed by a more technical presentation intended for readers with a fairly advanced background. Thorough and detailed, this study has ample examples of case studies from a variety of industries.

Electricity Pricing

Author: Lawrence J. Vogt
Publisher: CRC Press
ISBN: 1351837362
Format: PDF
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As the advent of the Smart Grid revolutionizes how homeowners and businesses purchase and manage power, electricity pricing is becoming more complicated and intricate than ever before, while the need for more frequent rate revisions remains a primary issue in the field. A timely and accessible guide for the new industry environment, Electricity Pricing: Engineering Principles and Methodologies helps those involved in both the engineering and financial operations of electric power systems to "get the money right" while ensuring reliable electric service at a fair and reasonable cost. Explores both the business functions and engineering principles associated with electricity pricing Examining pricing approaches and opportunities, this book presents tools, viewpoints, and explanations that are generally not found in contemporary literature. It clarifies valuable analysis techniques, realistic examples, and unique lessons passed along from those inside the industry. This "how to do it" guide fosters a multidisciplinary understanding that integrates information, methodologies, and techniques from accounting, economics, engineering, finance, and marketing. Detail-oriented but still mindful of the big picture, this book examines the complex relationship between electricity, customers, and service providers in relation to pricing. Electricity Pricing also: Presents mathematical methods and techniques used to establish electricity prices, determine cost causation, and evaluate pricing structures and mechanisms Explores ways to translate and integrate cost elements into practical pricing structures Details how engineering concepts are used to apportion production, delivery, and associated costs to determine cost of service and to support all aspects of ratemaking strategy, design, analysis, and decision making This comprehensive professional reference addresses theory but remains grounded in no-nonsense practical applications. It is dually suited to introduce newcomers to the technical principles and methodologies of electricity pricing and provide veterans with a valuable consolidation of advanced tools for pricing analysis and problem solving. Watch an interview of the author at http://youtu.be/4fU8nkDVhNY

The American Economic Review

Author:
Publisher:
ISBN:
Format: PDF, ePub
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Includes papers and proceedings of the annual meeting of the American Economic Association. Covers all areas of economic research.

Competitive Electricity Markets

Author: Fereidoon P. Sioshansi
Publisher: Elsevier
ISBN: 9780080557717
Format: PDF, Docs
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After 2 decades, policymakers and regulators agree that electricity market reform, liberalization and privatization remains partly art. Moreover, the international experience suggests that in nearly all cases, initial market reform leads to unintended consequences or introduces new risks, which must be addressed in subsequent “reform of the reforms. Competitive Electricity Markets describes the evolution of the market reform process including a number of challenging issues such as infrastructure investment, resource adequacy, capacity and demand participation, market power, distributed generation, renewable energy and global climate change. Sequel to Electricity Market Reform: An International Perspective in the same series published in 2006 Contributions from renowned scholars and practitioners on significant electricity market design and implementation issues Covers timely topics on the evolution of electricity market liberalization worldwide

Regulation Under Increasing Competition

Author: Michael A. Crew
Publisher: Springer Science & Business Media
ISBN: 9780792383673
Format: PDF, ePub
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This volume brings together practitioners, regulators and economists to examine the important policy and regulatory issues facing the telecommunications and electricity industries. It reviews such topics as competitive entry, stranded costs, pricing and market mechanisms.

Structural Integrity Research of the Electric Power Research Institute

Author: Stanley H. Fistedis
Publisher: Elsevier
ISBN: 1483275167
Format: PDF, Mobi
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Structural Integrity Research of the Electric Power Research Institute presents the result of the mission of the Electric Power Research Institute to conduct research and development promoting the clean, safe, and economical generation of power by the utility industry. This book covers nuclear plant design, licensing, and regulation questions. Organized into 13 chapters, this book begins with an overview of the primary motivations for structural integrity research, including insights into reactor safety from probabilistic risk assessments and the increasing costs of plant structural components. This text then examines the SIMQUAKE series of field tests on model containment structures. Other chapters consider the methodology for realistically predicting fluid–structure interaction transient loads and the structural response of the reactor vessel, core support barrel, and core. This book discusses as well the ABAQUS finite element program. The final chapter deals with high-amplitude dynamic tests. This book is a valuable resource for engineers.

Handbook of antitrust economics

Author: Paolo Buccirossi
Publisher: The MIT Press
ISBN:
Format: PDF, ePub, Mobi
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Over the past twenty years, economic theory has begun to play a central role in antitrust matters. In earlier days, the application of antitrust rules was viewed almost entirely in formal terms; now it is widely accepted that the proper interpretation of these rules requires an understanding of how markets work and how firms can alter their efficient functioning. The Handbook of Antitrust Economics offers scholars, students, administrators, courts, companies, and lawyers the economist’s view of the subject, describing the application of newly developed theoretical models and improved empirical methods to antitrust and competition law in both the United States and the European Union. (The book uses the U.S. term "antitrust law" and the European "competition law" interchangeably, emphasizing the commonalities between the two jurisdictions.) After a general discussion of the use of empirical methods in antitrust cases, the Handbook covers mergers, agreements, abuses of dominance (or unilateral conducts), and market features that affect the way firms compete. Chapters examine such topics as analyzing the competitive effects of both horizontal and vertical mergers, detecting and preventing cartels, theoretical and empirical analysis of vertical restraints, state aids, the relationship of competition law to the defense of intellectual property, and the application of antitrust law to "bidding markets," network industries, and two-sided markets. Contributors: Mark Armstrong, Jonathan B. Baker, Timothy F. Bresnahan, Paolo Buccirossi, Nicholas Economides, Hans W. Friederiszick, Luke M. Froeb, Richard J. Gilbert, Joseph E. Harrington, Jr., Paul Klemperer, Kai-Uwe Kuhn, Francine Lafontaine, Damien J. Neven, Patrick Rey, Michael H. Riordan, Jean-Charles Rochet, Lars-Hendrik Roller, Margaret Slade, Giancarlo Spagnolo, Jean Tirole, Thibaud Verge, Vincent Verouden, John Vickers, Gregory J. Werden.

Technology and Market Structure

Author: John Sutton
Publisher: MIT Press
ISBN: 9780262692649
Format: PDF, Kindle
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Traditionally, the field of industrial organization has relied on two unrelatedtheories--the cross-section theory and the growth-of-firms theory--to explain cross-industrydifferences in concentration and within-industry skewness. The two approaches are based on verydifferent mathematical structures and few researchers have attempted to relate them to each other.Inthis book, John Sutton unifies the two approaches through a theory that rests on three simpleprinciples. The first two, a "survivor principle" that says that firms will not pursue loss-makingstrategies, and an "arbitrage principle" that says that if a profitable opportunity is available,some firm will take it, suffice to define a set of possible outcomes. The third, the "symmetryprinciple," says that the strategy used by a new entrant into any submarket depends neither on theentrants identity nor on its history in other submarkets. This allows researchers to bring togetherthe roles of strategic interactions and of independence effects. The result is that theconsiderations motivating the cross-section tradition and those motivating the growth-of-firmstradition both drop out within a single game-theoretic model.This book follows Sutton's Sunk Costsand Market Structure, published by MIT Press in 1991.

Power Pricing

Author: Robert J. Doan
Publisher: Simon and Schuster
ISBN: 068483443X
Format: PDF, Mobi
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Explains the disadvantages of using standard markups or letting competitors set the prices, and explains how a more sophisticated pricing strategy can increase profits and competitiveness