Description
Book SynopsisNonlinear pricing is pricing that is strictly proportional to the quantity purchased. For example, railroad tariffs are often based on weight, volume, and distance to be shipped; airlines offer frequent flyer bonuses based on miles flown; electric utilities charge different rates for different amounts of electricity used combined with the time it is used based on peak power demands. The book is divided into two parts. The first in a non-mathematical discussion of nonlinear pricing and the second part is more technical and is intended for readers interested in advanced topics.
Trade ReviewMasterful book ... The bibliography itself is exhaustive and will be the standard source of reference for years to come. Robert Wilson has written an important book ... Nonlinear Pricing is already established as an essential reference for those working on monopoly pricing issues, both theoretical and empirical. However its methodological contributions should make it valuable to the wider audience of economists working on a range of topics in the Economics of Information. * Journal of Economic Literature *
