Welfare Criteria, Pricing and Decentralization of a Public Service

Julius Margolis

The Quarterly Journal of Economics, 1957, vol. 71, issue 3, 448-463

Abstract: Introduction, 448. — I. Alternative pricing policies, 449. — II. Actual pricing practices and possibilities of introducing an efficient scheme, 453. — III. Requirement of financial feasibility and efficient pricing possibilities, 459. — IV. Conclusion, 462.

Date: 1957
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