ECONOMIC EVALUATION OF PRE- AND POST-DISCOUNTING FEE SYSTEMS

• KITANO Yoshimasa

  東京急行電鉄株式会社

• NISHIDA Junji

  株式会社社会システム総合研究所

• KOBAYASHI Kiyoshi

  京都大学　経営管理大学院

• MATSUSHIMA Kakuya

  京都大学　大学院工学研究科都市社会工学専攻

Bibliographic Information

Other Title

• 事前・事後割引料金システムの経済評価

Abstract

In this paper, the risk sharing structure between the firm providing transportation services and the customers of the pre- and post paid systems are theoretically investigated. The pre-paid systems refer to the complete contracts, which have to be established before service transactions, while the post-paid systems do the incomplete contracts where the application of the pre-specified fee structure is described in the contract, and the actual payments are conditional upon the actual consumption by the consumers. The three period contract model is formulated to investigate the impacts of the pre- and post paid systems upon the firm's profit and the consumers' welfare. The paper concludes that social welfare can be always improved by introducing the post-paid system in addition to the conventional price systems.

Journal

• Doboku Gakkai Ronbunshuu D

  Doboku Gakkai Ronbunshuu D 62 (4), 638-656, 2006

  Japan Society of Civil Engineers

Keywords

• pre- and post-paid systems
• risk sharing
• contract model
• discounting option

Details

• CRID: 1390282680230728832
• NII Article ID: 10019326408
• NII Book ID: AA12131726
• DOI: 10.2208/jscejd.62.638
• ISSN: 18806058
• Text Lang: ja
• Data Source:
  • JaLC
  • Crossref
  • CiNii Articles
• Abstract License Flag: Disallowed