Template-Type: ReDIF-Article 1.0
Author-Name:  Chi-Keung Woo
Title:  Capacity Rationing and Fixed Cost Collection
Classification-JEL: F0
Pages:  153-163
Volume:  Volume 12
Issue:  Number 2
Year:  1991
Abstract:  This paper proposes a simple load management program with a twopart tariff to ration an electric utility's installed capacity and to collect its fixed costs under asymmetric information and demand uncertainty. Because of its simplicity, the program is a practical alternative to spot pricing and rationing schemes with highly nonlinear rate structures.
Handle: RePEc:aen:journl:1991v12-02-a09
File-URL: http://www.iaee.org/en/publications/ejarticle.aspx?id=2051
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