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Tuesday, February 14, 2012

#CHEAP Nonlinear Pricing: Published in association with the Electric Power Research Institute

Nonlinear Pricing: Published in association with the Electric Power Research Institute


Nonlinear Pricing: Published in association with the Electric Power Research Institute


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Nonlinear Pricing: Published in association with the Electric Power Research Institute Overview


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.