Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/259893 
Year of Publication: 
2004
Series/Report no.: 
Working Paper No. 2004:21
Publisher: 
Lund University, School of Economics and Management, Department of Economics, Lund
Abstract: 
An economy consisting of two different types of consumers and one publicly owned natural monopoly is under consideration. The preferences of the consumers are assumed to be linear in money and the demand curves are assumed not to cross. We also suppose that the net utility from consumption is so high that we do not have to consider the individual rationality constraints. Given these assumptions, we completely characterize the set of budget-balanced and Pareto efficient nonlinear pricing schedules. This complete characterization has not been presented in the literature before.
Subjects: 
Nonlinear Pricing
Budget-Balance
JEL: 
D63
D82
H40
Document Type: 
Working Paper

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