Accession Number:

AD0606532

Title:

DOES EFFICIENT PEAK-LOAD PRICING INVOLVE DISCRIMINATION,

Descriptive Note:

Corporate Author:

RAND CORP SANTA MONICA CALIF

Personal Author(s):

Report Date:

1957-09-09

Pagination or Media Count:

14.0

Abstract:

It is contended that the efficient price differences in a peak-load situation shown in Steiners analysis are not discriminatory because they are e ere equal to the differences in the marginal cost of serving the classesessasses of customers involved. By marginal cost is meant, ultimately, the marginal opportunity cost--the value set upon the resource by the customer in the most valuable alternative use being sacrificed.

Subject Categories:

Distribution Statement:

APPROVED FOR PUBLIC RELEASE