Priority Service: Pricing, Investment, and Market Organization
提出优先服务通过提供一系列应急合同来分配稀缺资源,并探讨了如何通过定价引导顾客自选择、揭示产能扩张收益,以及通过优先点或补偿保险实现该机制。
Priority service offers a menu of contingent contracts for distribution of scarce supplies. Prices inducing customers' efficient self-selection are expectations of spot prices for comparable service. Customers' selections reveal the benefit of capacity expansion. Priority service can be implemented via sale of "priority points" or via provision of compensatory insurance. Sever al priority classes suffice to obtain most of the efficiency gains. P riority service Pareto dominates random rationing if excess revenue i s refunded equally to customers. Copyright 1987 by American Economic Association.