Concepedia

Second-best Pricing

Second-Best Pricing is a pricing framework in the theory of public utility regulation that, under binding constraints such as non-negative profits, deviates from first-best optimality by setting prices to maximize social welfare subject to the requirement that prices cover costs, typically resulting in markups inversely proportional to demand elasticities.

92

Publications

5.4K

Citations

156

Authors

93

Institutions

Publications per year

2017–2026

7

Parents

Publications

92

Channel Coordination When Retailers Compete

Charles A. Ingene, Mark E. Parry · Marketing Science · 1995 · 431 citations

, , +17

THE ECONOMICS OF TRAFFIC CONGESTION

Richard Arnott, Kenneth A. Small · RePEc: Research Papers in Economics · 1993 · 418 citations

, , +17

Second-best congestion pricing in general networks. Heuristic algorithms for finding second-best optimal toll levels and toll points

Erik T. Verhoef · Transportation Research Part B Methodological · 2002 · 293 citations

, , +17

Second-Best Congestion Pricing: The Case of an Untolled Alternative

Erik T. Verhoef, Peter Nijkamp, Piet Rietveld · Journal of Urban Economics · 1996 · 258 citations

, , +8

The Value of “Value Pricing” of Roads: Second-Best Pricing and Product Differentiation

Kenneth A. Small, Jia Yan · Journal of Urban Economics · 2001 · 239 citations

, , +14

1–5 of 92

Authors

156

  1. ET
    Erik T. Verhoef

    Vrije Universiteit Amsterdam, Netherlands

    12 publications · 1.2K citations

    11

    h-index

  2. KA
    Kenneth A. Small

    University of California, Irvine, United States

    4 publications · 869 citations

    4

    h-index

  3. RS
    Roger Sherman

    University of Virginia, United States

    2 publications · 83 citations

    2

    h-index

  4. MB
    Michael B. Gordy

    Federal Reserve Board of Governors, United States

    2 publications · 38 citations

    2

    h-index

  5. SJ
    Sandeep Juneja

    Tata Institute of Fundamental Research, India

    2 publications · 38 citations

    2

    h-index

1–5 of 156

Institutions

93

  1. Vrije Universiteit Amsterdam

    Amsterdam, The Netherlands

    4 h-index

    7 publications

    271 citations

  2. Tinbergen Institute

    Rotterdam, The Netherlands

    3 h-index

    6 publications

    175 citations

  3. Cardiff University

    Cardiff, United Kingdom

    2 h-index

    2 publications

    46 citations

  4. University of Florida

    Gainesville, United States

    2 h-index

    3 publications

    307 citations

  5. Keio University

    Tokyo, Japan

    2 h-index

    2 publications

    33 citations

  6. Rensselaer Polytechnic Institute

    Troy, United States

    2 h-index

    2 publications

    97 citations

  7. International Monetary Fund

    Washington D.C., United States

    2 h-index

    3 publications

    237 citations

  8. London School of Economics and Political Science

    London, United Kingdom

    2 h-index

    3 publications

    66 citations

1–8 of 93

Venues

  1. Transportation Research Part B Methodological

    5 publications · 563 citations

    5

    h-index

  2. SSRN Electronic Journal

    Repository · 5 publications · 68 citations

    5

    h-index

  3. The Review of Economic Studies

    5 publications · 270 citations

    5

    h-index

  4. Journal of Urban Economics

    4 publications · 639 citations

    4

    h-index

  5. Journal of Economics

    4 publications · 87 citations

    4

    h-index

1–5