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Title: The European debate on rate systems in the interwar period
Authors: Madureira, Nuno Luís
Keywords: Rate systems
Price discrimination
Issue Date: Aug-2010
Publisher: Elsevier
Abstract: This article describes a particular branch that evolved in the diffusion of electrical rate systems in twentieth-century Europe and the debate that ensued between the competitive, promotional and cost based approaches. Three major questions are addressed: What factors and historical circumstances favoured the emergence of more or less efficient pricing schemes? Why did some enterprises opt for promotional rates while others defended the cost based alternative? What is the historical origin of marginal cost pricing? It is shown how the volatility of the costs that characterize hydro-electric production made this particular technology very sensitive to a cost approach towards pricing and to a seasonal and time-of-day perspective on rate systems.
Description: WOS:000279117500084 (Nº de Acesso Web of Science)
“Prémio Científico ISCTE-IUL 2011”
Peer reviewed: Sim
ISSN: 0301-4215
Publisher version: The definitive version is available at:
Appears in Collections:CEHC-RI - Artigos em revistas científicas internacionais com arbitragem científica

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