Accession Number : AD0731042

Title :   Regulatory MODELS FOR Pricing and Evaluation of Transport Services.

Descriptive Note : Management sciences research rept.,

Corporate Author : CARNEGIE-MELLON UNIV PITTSBURGH PA MANAGEMENT SCIENCES RESEARCH GROUP

Personal Author(s) : Charnes,A. ; Cooper,W. W. ; Kirby,M. J. L. ; Raike,W. M.

Report Date : JUL 1971

Pagination or Media Count : 28

Abstract : A variety of objectives and constraints are presented for use by a regulatory agency in pricing public services and evaluating capacities conditions where the demands are random variables with probability distributions that depend on prices in different parts of the system. The models studied include a maximization of the joint probability of achieving levels of consumers' surpluses in interacting markets, as well as models that constrain the choices of prices and services to insure that surpluses are satisfied to specified levels of probability. Chance constrained programming formulations and reductions to deterministic equivalents are developed to use for evaluating levels of service. Some new coefficients conditions establishing concavity for quadratic forms are stated and proved.

Descriptors :   (*TRANSPORTATION, *COSTS), (*MANAGEMENT ENGINEERING, MATHEMATICAL MODELS), OPERATIONS RESEARCH, ECONOMICS, PROBABILITY, MANAGEMENT ENGINEERING

Subject Categories : Administration and Management
      Surface Transportation and Equipment

Distribution Statement : APPROVED FOR PUBLIC RELEASE