Abstract
The classical models of peak-load pricing analysed in the previous chapter embody strong simplifying assumptions concerning demand and technology. In this chapter we begin our inquiry into the implcations of relaxing one or other of the assumptions of the traditional theory. We continue to maintain the assumption that demand curves are known with certainty. Since a number of generalisations of the traditional theory have been presented during the past decade for this deterministic demand case, a brief historical sketch of these developments may be useful at the start.
Preview
Unable to display preview. Download preview PDF.
Copyright information
© 1979 Michael A. Crew and Paul R. Kleindorfer
About this chapter
Cite this chapter
Crew, M.A., Kleindorfer, P.R. (1979). Peak-load Pricing Models under Certainty. In: Public Utility Economics. Palgrave, London. https://doi.org/10.1007/978-1-349-03263-1_4
Download citation
DOI: https://doi.org/10.1007/978-1-349-03263-1_4
Publisher Name: Palgrave, London
Print ISBN: 978-1-349-03265-5
Online ISBN: 978-1-349-03263-1
eBook Packages: Palgrave Business & Management CollectionBusiness and Management (R0)