Quality has been a neglected area of public utility regulation analysis. Many authors are uneasy about the quality levels that result from regulation but they frequently can only conclude that "it is uncertain whether consumers found this quality to be worth the price they paid."

Willig has demonstrated that any uniform price unequal to marginal cost can be Pareto dominated by a nonlinear pricing schedule--in effect by a price discrimination scheme. Resale is normally considered to be antithetical to price discrimination. This note argues that limited resale can bring...

This paper examines the pattern of peak and offpeak prices for several models of firm behavior beyond the standard welfare-maximizing models of Boiteux, Steiner, and Williamson. In the case where there is a profit objective or a breakeven constraint, we show that it can be rational for the firm...