Optimal Pricing of Court Services | Zendy

Neil Rickman | Zendy; Dionisia Tzavara | Zendy

AI Assistant Blog Pricing

Home ZAIA Blog

Open Access

Optimal Pricing of Court Services

Author(s) -

Neil Rickman,

Dionisia Tzavara

Publication year - 2005

Publication title -

european journal of law and economics

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.429

H-Index - 30

eISSN - 1572-9990

pISSN - 0929-1261

DOI - 10.1007/s10657-005-1013-1

Subject(s) - monopoly , equity (law) , public finance , unit (ring theory) , economics , set (abstract data type) , nonlinear pricing , commercial law , microeconomics , simple (philosophy) , variable pricing , business , actuarial science , computer science , macroeconomics , law , political science , mathematics , programming language , mathematics education , philosophy , epistemology

Litigants are generally charged for using court services. The charges involved are usually set to achieve a combination of efficiency, equity and funding goals. This paper presents a simple model, based on regulated monopoly pricing, to address the question of how these charges should be set. We find that fixed fees generally form part of the optimal charging package, despite concerns about their regressive nature. Per-unit fees will also be used though they may be set below cost; in this case, a trade-off emerges and the fixed fee is used to achieve funding goals. Our model is a useful one for developing extensions from the nonlinear pricing literature. © 2005 Springer Science + Business Media, Inc

The content you want is available to Zendy users.

Already have an account? Click here to sign in.

Having issues? You can contact us here

Accelerating Research