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- W657816132 abstract "This thesis is about the pricing practices of postal services with special emphasis on those of Australia Post. There is an intentional bias in this paper toward the particular problems of pricing and the determination of costs of individual products and services in a multiproduct environment. Postal services clearly fall into the category multiproduct firms.In the theoretical section, various pricing strategies, peak load pricing, elasticities, theory of second-best and Ramsey prices are discussed as are price floors and ceilings. The close relationship between prices and costs is evident and several cost terms are defined including fixed, variable, sunk, joint and common costs. Arguments for and against some forms of cost allocation in multi-product firms are aired. The issue of natural monopoly is highly relevant when dealing with postal services because the protection afforded the standard letter is usually justified on this ground. Due to the requirement of governments for their business enterprises to become more efficient and provide commercial rates of return on investment, a chapter productivity improvement has been included." @default.
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- W657816132 date "1991-01-01" @default.
- W657816132 modified "2023-09-27" @default.
- W657816132 title "Price determination in postal services" @default.
- W657816132 hasPublicationYear "1991" @default.
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