A State Preference Approach to Public Utility Pricing and Investment under Risk
- 1 January 1972
- journal article
- Published by JSTOR in The Bell Journal of Economics and Management Science
- Vol. 3 (1) , 340
- https://doi.org/10.2307/3003084
Abstract
This paper examines a welfare criterion for marginal cost pricing in the presence of metering costs. The good examined is local telephone service, which is view...Keywords
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