The Ethics of Dynamic Pricing
نویسنده
چکیده
Chapter Outline Introduction 61 Background 63 Distributional Effects of Dynamic Pricing 65 Barriers to Dynamic Pricing 69 Unfairness of Flat Rate Pricing 71 Dynamic Pricing in Other Industries 73 Overcoming the Barriers to Dynamic Pricing 74 The Effect of Dynamic Pricing on Low-Income Consumers 75 Accommodating Potential Objections 77 Conclusions 78 Appendix: Quantifying the Hedging Cost Premium 78 Traditional Cost of Service 79 Competitive Market Pricing 79 Estimating the Hedging Cost Premium in Flat Electricity Rates 81 Simulated Distribution of Hedging Cost Premium 82 References 82
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