Accession Number:

ADA012997

Title:

Efficiency Pricing in a Linear Programming Model: A Case with Constraints on Dual Variables.

Descriptive Note:

Technical rept.,

Corporate Author:

STANFORD UNIV CALIF SYSTEMS OPTIMIZATION LAB

Personal Author(s):

Report Date:

1974-11-01

Pagination or Media Count:

14.0

Abstract:

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.

Subject Categories:

  • Economics and Cost Analysis
  • Operations Research

Distribution Statement:

APPROVED FOR PUBLIC RELEASE