Nonlinear Pricing

Download or read book Nonlinear Pricing written by Robert B. Wilson and published by Oxford University Press, USA. This book was released on 1993 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: What do phone rates, frequent flyer programs, and railroad tariffs all have in common? They are all examples of nonlinear pricing. Pricing is nonlinear when it is not strictly proportional to the quantity purchased. The Electric Power Research Institute has commissioned Robert Wilson to review the various facets of nonlinear pricing. The work starts with a general non-mathematical discussion, followed by a more technical presentation intended for readers with a fairly advanced background. Thorough and detailed, this study has ample examples of case studies from a variety of industries.