Approximating a solution to the two-part tariff problem

The problem of setting the reservation price in terms of a two-part tariff requires, subject to new prices, reducing the difference between minimum expenditure for the starting level of utility and nominal consumer income. This difference in expenditure can be translated into the area below a compen...

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Bibliographic Details
Main Authors: Ilko Vrankić, Mira Krpan, Zrinka Lukač
Format: Article
Language:English
Published: Croatian Operational Research Society 2015-03-01
Series:Croatian Operational Research Review
Subjects:
Online Access:http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=204319