I began my article" Consumer's Surplus Without Apology"(henceforth, CSWA) with the... more I began my article" Consumer's Surplus Without Apology"(henceforth, CSWA) with the words" The purpose of this paper is to settle the controversy surrounding consumer's surplus..."(p. 589). That is my purpose here, as well. However, George McKenzie's ...
To a greater extent than in the past, market forces should of the Rail Industry shape the prices ... more To a greater extent than in the past, market forces should of the Rail Industry shape the prices and logistics f r th Pu li In er s oF railroad services for the Publ1c Interest ~~~~~~~Noncommercial seniice~. where needed, should be loannis N. Kessides based on an explicit Robert D. Willilg agreement between the railway and the government, one that viewvs public service obligations as a business relationship between a customer {governmentl and the supplier (railway).
... welfare dominance would be particularly tractable if: (i) the rankings of households by real ... more ... welfare dominance would be particularly tractable if: (i) the rankings of households by real income were the same in the two states; and (ii) ,u'(s, p0 s0 p? y)-y were invariant in y. Then CD,' - CDi = 0, Zi - Zi =Ami +EVi, and the investigation of (1) could proceed with standard tools. ...
... Further, no detailed personalized informa-tion is needed to determine a schedule which yields... more ... Further, no detailed personalized informa-tion is needed to determine a schedule which yields an allocation preferred by all consumers and by the producer of the commodity to the allocation resulting from a uniform price above marginal cost. ...
The paper will show tha bottleneck input service sold by its owner to competitors in the supply o... more The paper will show tha bottleneck input service sold by its owner to competitors in the supply of final product must be priced in accord with ECPR if ineffeciency in resource allocation is to be prevented.
I began my article" Consumer's Surplus Without Apology"(henceforth, CSWA) with the... more I began my article" Consumer's Surplus Without Apology"(henceforth, CSWA) with the words" The purpose of this paper is to settle the controversy surrounding consumer's surplus..."(p. 589). That is my purpose here, as well. However, George McKenzie's ...
To a greater extent than in the past, market forces should of the Rail Industry shape the prices ... more To a greater extent than in the past, market forces should of the Rail Industry shape the prices and logistics f r th Pu li In er s oF railroad services for the Publ1c Interest ~~~~~~~Noncommercial seniice~. where needed, should be loannis N. Kessides based on an explicit Robert D. Willilg agreement between the railway and the government, one that viewvs public service obligations as a business relationship between a customer {governmentl and the supplier (railway).
... welfare dominance would be particularly tractable if: (i) the rankings of households by real ... more ... welfare dominance would be particularly tractable if: (i) the rankings of households by real income were the same in the two states; and (ii) ,u'(s, p0 s0 p? y)-y were invariant in y. Then CD,' - CDi = 0, Zi - Zi =Ami +EVi, and the investigation of (1) could proceed with standard tools. ...
... Further, no detailed personalized informa-tion is needed to determine a schedule which yields... more ... Further, no detailed personalized informa-tion is needed to determine a schedule which yields an allocation preferred by all consumers and by the producer of the commodity to the allocation resulting from a uniform price above marginal cost. ...
The paper will show tha bottleneck input service sold by its owner to competitors in the supply o... more The paper will show tha bottleneck input service sold by its owner to competitors in the supply of final product must be priced in accord with ECPR if ineffeciency in resource allocation is to be prevented.
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Papers by Robert Willig