Non-uniform distribution of customers in a region and variation of their maximum willingness to pay at distinct areas make regional pricing a practical method to maximize the profit of the distribution system. By subtracting the classic objective function, which minimizes operational costs from revenue function, profit maximization is aimed. A distribution network is designed by determining the...

In this working paper the regional impacts of road pricing on cars are analysed taking into account externality effects from transportation on wages and productivity. In the paper the direct impacts from changes in transport costs on level of wages and productivity (=direct externality effects) have been estimated. The direct and derived impacts of road pricing have been analysed with AKF's loc...

Abstract Analyzing several developed and emerging international markets, I test the ability of global, regional, local models to explain a large set 134 cross-sectional anomalies. My main finding is that both global regional factor create substantially larger average absolute alphas than models. Annual (absolute) anomaly portfolio are on 1.7 1.1 percentage points higher, respectively, with Even...

The case study conducted in this paper looks at residential water pricing from three different points of view. It first describes existing urban water-pricing practices in Southern France, emphasizing that pricing is not yet being used as a tool for providing economic incentives to save water. It then looks at the observed impact of pricing on water consumption, through an econometric analysis ...

In this paper we study Web multicasting, a service offered by satellite operators to Internet Service Providers around the world. This service employs satellite connections for disseminating periodically Web content to regional and “institutional” WWW caches. We propose a theoretical framework for Web multicasting and formalize the notions of Utility and QoS perceived by customers of Web multic...

This paper presents some simulations of the proposed California power exchange, or pool, as it might interact with the regional market in the Western U.S. Pooling will increase interdependence with the regional market. We study this using a multi area chronological production simulation model. We find that overall operating economies resulting from pooling are small. Physical changes in the dis...

Previous studies of road congestion pricing problem assume that transportation networks are managed by a central administrative authority with an objective of improving the performance of the whole network. In practice, a transportation network may be comprised of multiple independent local regions with relative independent objectives. In this paper, we investigate the cooperative and competiti...