1. PEAK LOADS AND EFFICIENT PRICING: A PRIOR CONTRIBUTION.
- Author
-
Hirshleifer, Jack
- Subjects
PEAK load pricing (Public utilities) ,COMPARATIVE studies ,ELECTRIC rates ,ELECTRIC utilities ,ELECTRIC power ,ELECTRIC power distribution ,PRICING ,ELECTRIC industries - Abstract
The article provides an update on the study about peak load pricing for electric utilities. The author presented a comparison on the studies conducted by M. Marcel Boiteux, H. S. Houthakker and Steiner on peak load pricing. According to the author, Boiteux's article provided a thorough and complete performance that there was scarcely any result of interest in the English literature not already stated by him. In addition, the author emphasized Steiner's major contribution on studying the distinction between the firm-peak and shifting peak cases, and the solution for efficient prices in the long-run capacity equilibrium.
- Published
- 1959
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