The scarcity of water resources and supply resources limitation, have caused an increasing gap between water supply and demand specially in recent decades in almost all regions of the globe. One of the best known solutions proposed by the economists is using the different water pricing approaches thereby obtaining the optimal allocation and social justice. To this purpose, this paper uses the p...

This paper analyzes optimal pricing for information goods under incomplete information, when both unlimited-usage (fixed-fee) pricing and usage-based pricing are feasible. For a general set of customer characteristics, it is shown that in the presence of contract administration costs, offering fixed-fee pricing in addition to a non-linear usage-based pricing scheme is always profitimproving, an...

pricing policies play an important role in water demand management and its optimal allocation. determining proper water price leads to optimal allocation of water especially in agricultural consumptions. applying new subsidy targeting law in iran which insists on pricing water based on its supply cost, will effects considerably on water resource management in agriculture sector. so, in this stu...

In this paper, we utilize admission control algorithms designed for revenue optimization with QoS guarantees to derive optimal pricing of multiple service classes in wireless cellular networks. A service provider typically adjusts pricing only periodically. Once a ‘‘global” optimal pricing is derived, it would stay static for a period of time, allowing users to be charged with the same rate whi...

This paper investigates an optimal sequencing and dynamic pricing problem for a two-class queueing system. Using a Markov Decision Process based model, we obtain structural characterizations of optimal policies. In particular, it is shown that the optimal pricing policy depends on the entire queue length vector but some monotonicity results prevail as the composition of this vector changes. A n...