Efficiency Pricing in a Linear Programming Model: A Case with Constraints on Dual Variables.
STANFORD UNIV CALIF SYSTEMS OPTIMIZATION LAB
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A programming model of the regulated public company facing downward sloping demand curves for its products is presented. It is assumed that the company is seeking to minimize its cost of production while meeting demand for its products for which users will pay marginal costs of production efficiency prices. With linear demand curves the model fits into the linear complementarity programming framework.
- Economics and Cost Analysis
- Operations Research