Dynamic Pricing and Its Discontents
Dynamic Pricing and Its Discontents
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动态定价及其不满
DOI:
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发表时间:
2011
期刊:
影响因子:
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通讯作者:
J. Palmer
中科院分区:
文献类型:
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作者:
A. Faruqui;J. Palmer
Energy economists and others have long advocated dynamic pricing — the use of different prices that reflect actual costs — for electricity supply. Politicians and some consumer advocates have been reluctant to embrace dynamic pricing because, they claim, it would be harmful to consumers, especially low-income consumers. This paper examines the results of a large number of dynamic pricing programs in the United States and around the world, and find that the concerns about consumers are misplaced. In these pilot programs, dynamic pricing regularly results in lower consumer costs, strong consumer response, and positive consumer feedback — even for low-income consumers.