Sentence examples for tariff types from inspiring English sources

The second factor affecting British Gas is that it announced in November 2011 that it was simplyifying its tariffs, doing away with the majority to instead offer only two tariff types: variable and fixed.

One cognitive explanation for such biased choices is that consumers consider the ratio of the likelihood of calling enough to justify a flat rate to the probability of not calling enough to save money with a fixed price (= "ratio rule") when choosing between the two tariff types.

Any feasible tariff under one of these three tariff types can be described by the tuple t=(b,p,c), (1 where b denotes a fixed base fee which must be paid independent of the consumption, p is a constant price for each consumption unit and c stands for a cost cap, i.e., an upper threshold for the total billing amount.

Consumers who maximize their utility should select the tariff type that leads to the lowest invoice amount given their anticipated service usage volume.

Typically, capped or fixed tariffs, which involve being fixed at a set rate for a certain period of time, are not the most competitive tariff type because companies want to safeguard against wholesale price increases.

Drawing on a sample of 203 mobile telephony customers in Germany the present study shows that mobile users are biased in favor of a flat rate because they overestimate their future call usage and behave in line with the "ratio rule" when choosing a tariff type.

Each tariff type (PU, CC, FR) occurred twice with two different price levels (see Table 3).

This paper has developed a consumer surplus model under cost cap tariffs by which the optimal consumption and choice under this new tariff type can be determined.

In the first part, respondents had to imagine that they use a PU tariff for mobile telephony and that this is the only tariff type available to them.

Provider O2/Telefonica introduced this new tariff type for voice communication in 2009 with a price of 0.15 €/min and a monthly cost cap of 60 €.

The instruments being debated include administered prices, the level of the rice tariff, the type of tariff, whether to reintroduce sole importer status for BULOG, some combination of tariff and state trading, and how the various policy levers will link to stabilize prices.