Optimal Nonuniform Prices

S-Tier
Journal: Review of Economic Studies
Year: 1984
Volume: 51
Issue: 2
Pages: 305-319

Authors (3)

M. Barry Goldman (not in RePEc) Hayne E. Leland (University of California-Berke...) David S. Sibley (not in RePEc)

Score contribution per author:

2.681 = (α=2.01 / 3 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We consider optimal nonuniform pricing schedules, where the price depends upon the amount purchased. Such schedules are regularly used by public utilities and other services. Welfare-optimal nonuniform prices are related to the theory of optimal uniform prices developed by Ramsey. We characterize situations in which upward or downward discontinuities in pricing schedules are optimal. Our results are applicable to a number of related problems, including optimal taxation, insurance, and incentives.

Technical Details

RePEc Handle
repec:oup:restud:v:51:y:1984:i:2:p:305-319.
Journal Field
General
Author Count
3
Added to Database
2026-01-25