On the satisfaction of peak demand in the certainty case

被引:0
|
作者
Balasko, Yves [1 ]
机构
[1] Paris Joudan Sci Econ, Paris, France
关键词
flat rates; efficiency; peak demand;
D O I
10.1016/j.jmateco.2006.04.005
中图分类号
F [经济];
学科分类号
02 ;
摘要
The concept of full-capacity flat-rate equilibrium is explored for a version of the Arrow-Debreu model with time-differentiated goods and production subject to a capacity constraint. The corresponding equilibrium allocations are shown to be inefficient in general. It is also shown that rationing peak demand is Pareto superior to non-rationing. (C) 2006 Published by Elsevier B.V.
引用
收藏
页码:569 / 574
页数:6
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