Efficient two-part tariffs with uncertainty and interdependent demand

Article Abstract:

The effects of a two-part tariff system integrating uncertainty and interdependent demand on consumer welfare is studied. Results indicate that marginal cost unit pricing becomes inadequate when there is interrelated demand between products even under the two-tariff system. Furthermore, the system negates some of the effects of risk aversion from the consumer in cases of independent demand.

Research, Analysis, Economic aspects, Tariffs, Demand (Economics), Consumption taxes

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Patterns of competition in banking

Article Abstract:

Two new methods, the markup test of Breshnan and Lau and other, a revenue test developed Rosse and Panzar for assessing competition in banking markets are reviewed and several minor improvements to Rosse and Panzar method are suggested.

United States, Commercial Banks, Marketing procedures, Banking industry, Evaluation, Marketing, Company marketing practices, Market domination, Market share

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Patterns of competition in banking

Article Abstract:

Two new methods for assessing competition in banking markets are reviewed and several minor improvements to one of the methods are suggested.

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