search query: @author Norgaard, R. / total: 5
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Author: | Brown, K. Norgaard, R. |
Title: | Modelling the telecommunication pricing decision. |
Journal: | Decision Sciences
1992 : MAY/JUN, VOL. 23:3, p. 673-686 |
Index terms: | DECISION ANALYSIS GOAL PROGRAMMING PRICING TELECOMMUNICATION |
Language: | eng |
Abstract: | The local telecommunication pricing on residential, business, and private lines is modeled. This study demonstrates that when regulators use a weighted sum linear goal programming model to determine prices, adjustments can be made to Ramsey prices that reflect the regulators' concerns about the trade-off of fairness with efficiency. An actual example shows that when regulators' preferences were taken into account, residential prices were 14 % lower than efficient optimal Ramsey prices. |
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