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A Study on Reliability Differentiated Pricing of Firm Capacity
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 Title & Authors
A Study on Reliability Differentiated Pricing of Firm Capacity
Kim, Balho H.;
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 Abstract
It is known that Reliability Differentiated Pricing (RDP) can improve the efficiency and benefits of consumers and producers. This paper examines the long-run social welfare maximization problem of the utility and presents a long-term reliability differentiated prices for firm capacity, based on customer outage costs. Then the applicability of the proposed pricing scheme is verified with a case study.
 Keywords
Reliability Differentiated Pricing (RDP);Outage cost;Firm capacity;
 Language
English
 Cited by
 References
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