Nonlinear Pricing - Hardcover

Wilson, Robert

3.2

5 ratings by Goodreads

Hardcover

ISBN 10: 0195068858 ISBN 13: 9780195068856

Publisher: Oxford University Press Inc, 1993

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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.

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Review:

Masterful book ... The bibliography itself is exhaustive and will be the standard source of reference for years to come. Robert Wilson has written an important book ... Nonlinear Pricing is already established as an essential reference for those working on monopoly pricing issues, both theoretical and empirical. However its methodological contributions should make it valuable to the wider audience of economists working on a range of topics in the Economics of Information. (Journal of Economic Literature)

Synopsis:

An examination of nonlinear pricing - pricing which is not strictly proportional to the quantity purchased. The text discusses the subject in a manner which can be understood by anyone with a minimum of mathematical background. There are also more technical topics for the advanced reader.

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