Please use this identifier to cite or link to this item: http://repositorio.ipea.gov.br/handle/11058/7740
Files in This Item:
File Description SizeFormat 
MARGINAL COST AND THE GENERAL WEIFARE IN RELATION TO PROBLEMS OF TRANSPORT.pdf19.64 MBAdobe PDFView/Open
Title: Marginal cost and the general welfare in relation to problems of transport pricing and investment choice
Authors: Abouchar, Alan
Abstract: The search for an efficient principle of transportation and utility rate-setting has a long and checkered history which has variously embraced average cost, marginal cost, and value of service, as well as variations and combinations thereof. Obviously, the principle adopted by regulatory agencies can have a decisive impact on molding future transportation requirements and regional development patterns, and the matter assumes greater urgency as planners from less developed economies attempt to establish pricing policies for their public sector projects, and, in this, look to the western economic literature for guidance. Today, cost appears to enjoy greatest favor among economists writing on the subject in the area of transportation and, although there are differences of opinion in this literature regarding the correct cost criterion, we can detect a growing presumption that marginal cost represents a goal to be striven for in setting transportation prices.
Rights holder: Instituto de Pesquisa Econômica Aplicada (Ipea)
License: É permitida a reprodução deste texto e dos dados nele contidos, desde que citada a fonte. Reproduções para fins comerciais são proibidas.
Type: Livros
Appears in Collections:Transportes: Livros



Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.