Peak-Load Pricing With Quality-Differentiated Demand

Charles F. Adams

The American Economist, 2022, vol. 67, issue 2, 298-303

Abstract: This is the fifth in a series of teaching notes on quality-differentiated demand. With an eye on accessibility to undergraduate economics majors, the focus here is on peak-load pricing and highway tolls. Once quality considerations are accounted for, a richer set of insights is derived to guide social planners in deciding optimal levels of traffic flow and tolls. JEL Classifications: L0, D0

Keywords: Quality-differentiated demand; peak-load; pricing (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:sae:amerec:v:67:y:2022:i:2:p:298-303

DOI: 10.1177/05694345211073504

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