This paper investigates non-linear pricing schedules that are based on Roemer's equality of opportunity (EOp) criterion, and compare them with the maximin and the utilitarian non-linear pricing schedules. The main results suggest that the EOp policy offers a reasonable compromise between the...

n economy consisting of n=2 different types of consumers and one publicly owned natural monopoly is under consideration. The preferences of the consumers are assumed to be linear in money and the demand curves are assumed not to cross. We also suppose that the net utility from consumption is so...

This article analyzes constrained Pareto efficient nonlinear income tax schedules that are monotonic chains to the left. It is demonstrated that as long as all individuals have a positive consumption at the tax schedule that maximizes the utility of the worst-off individual, the constrained...

An economy consisting of two different types of consumers and one publicly owned natural monopoly is under consideration. The preferences of the consumers are assumed to be linear in money and the demand curves are assumed not to cross. We also suppose that the net utility from consumption is so...

We consider nonlinear pricing policies that are designed by a social welfare maximizer who operates under a non-negative profit requirement. In our two-type economy, we characterize the set of all feasible nonlinear pricing policies and the frontier of the utility possibility set. Our results...

This paper investigates efficiency properties of profit-maximizing non-linear outlay schedules. It demonstrates that some well-known efficiency characteristics of the profit-maximizing non-linear outlay schedule may not continue to hold when the single-crossing condition is relaxed.

If the preferences of the consumers are represented by utility functions that are differentiable, quasi-linear and satisfy the single-crossing condition, the characteristics of the profit maximizing nonlinear outlay schedule for a monopolist are well-known. We demonstrate that these...

This paper characterizes non-linear outlay schedules that are based on a cooperative surplus-sharing game with transferable utility. First, the pricing game is shown to be convex and, as a consequence, to have a non-empty core. This is followed by a description of the necessary and sufficient...