Abstract Recent empirical analyses show consumers in electricity and water markets respond to average price rather than marginal price, calling for information provision policies that help correct the consumers’ bias. This paper characterizes regulated tariff if regulator is informed about average-price response of consumers. I find biased promotes equity gains by featuring quantity premia prov...

This paper analyses dynamic pricing strategies in the Italian wholesale gasoline market and highlights the importance of endogenous price commitment. Using daily firm level prices over 5 years I show how the commitment of the market leader to keep prices fix for a long time period while costs were rising led to a market outcome with sticky and leadership pricing. To show this I evaluate the con...

BACKGROUND Alcohol policy priorities in Australia have been set by the National Preventative Health Task Force, yet significant reform has not occurred. News media coverage of these priorities has not reported public health experts as in agreement and Government has not acted upon the legislative recommendations made. We investigate policy experts' views on alcohol policy priorities with a view...

Congestion pricing is one of the major travel demand management policies to reduce traffic volumes in metropolitans. One of the main factors for effective implementation of this policy is to analyze users' response to different toll rates. In this paper, the willingness of users to pay for using their personal cars is evaluated. The stated preference method was applied for data gathering. Sever...