Equity and Efficiency in Public Sector Pricing: The Optimal Two-Part Tariff

1 May 1972

journal article
Published by Oxford University Press (OUP) in The Quarterly Journal of Economics

Vol. 86 (2) , 175-187
https://doi.org/10.2307/1880558

Abstract

I. Introduction, 175. — II. The optimal price, 176. — III. The welfare loss due to incorrect pricing, 182. — IV. An example, 183. — V. Concluding remarks, 187.

Keywords

EQUITY
OPTIMAL
PUBLIC
SECTOR PRICING
EFFICIENCY
INCORRECT PRICING
PART TARIFF
CONCLUDING REMARKS
WELFARE LOSS