Pricing and price regulation: an economic theory for public enterprises and public utilities / Dieter, Bös.

1. Introduction, 1 -- Part One. The Basic Pricing Model -- 2. Special Pricing Rules: Objectives and Constraints, 3 -- 3. Normative Optimum Theory, 37 -- 4. Positive Optimum Theory, 83 -- 5. Normative Piecemeal Theory, 91 -- 6. Positive Piecemeal Theory, 108 -- Part Two. Normative Theory Pricing Policies for Welfare Maximization -- A. Basic Rules -- 7. Marginal-Cost Pricing, 119 -- 8. Ramsey Pricing, 130 -- 9. Pricing with Distributional Aims, 142 -- 10. Adjustment to Private Monopolistic Pricing, 151 -- B. Intermediate Goods -- 11. Optimal Pricing of Publicly Supplied Intermediate Goods, 156 -- C. Adjustment to Rationed Markets -- 12. Rationed Labor Market, 167 -- 13. Capacity Limits of Public Transportation, 175 -- D. Time-Dependent Pricing -- 14. Pricing Through Time and Adjustment Clauses, 181 -- 15. Peak-Load Pricing, 185 -- E. Pricing When Quality Matters -- 16. Different Approaches Toward Optimal Quality, 196 -- Part Three. Positive Theory Pricing Policies for Political and Bureaucratic Aims -- 17. Winning Vote, 217 -- 18. Minimizing Price Indices, 224 -- 19. Maximizing Budgets, 227 -- 20. Maximizing Output or Revenue, Saving Energy, 231 -- 21. The Influence of Unions, 235 -- 22. Quality in Positive-Theory Models, 238 -- 23. A Set of Axioms for Prices to Achieve a Fair Allocation of Costs, 242 -- Part Four. Price Regulation -- A. Can Welfare-Optimal Prices be Achieved by Simple Rules? -- 24. Regulating Marginal-Cost Prices, 249 -- 25. Regulating Ramsey Prices, 264 -- B. Practical Regulatory Constraints -- 26. Rate-of-Return Regulation, 269 -- 27. Price-Cap Regulation, 278 -- C. The New Economics of Price Regulation -- 28. The Principal-Agent Framework, 289 -- 29. Asymmetric Information on Costs, 306 -- 30. Asymmetric Information on Demand, 326 -- 31. Soft Budget Constraints, 341 -- 32. Non-Linear Pricing, 353 -- 33. Positive Theory of Price Regulation, 368 -- D. regulation Through Competition -- 34. Mixed Markets, 383 -- Appendices: Appendix 1. The Size of the Public Enterprise Sector in Europe, 400 -- Appendix 2. The Size of the Government and Regulated Enterprise Sector in the United States, 404 -- List of Symbols, 407 -- References, 413 -- Author Index, 437 -- Subject Index, 445.