caa a22 4500 469075864 CHVBK 20180323132934.0 cr unu---uuuuu 170328e19920901xx s 000 0 eng 10.1007/BF00133622 doi (NATIONALLICENCE)springer-10.1007/BF00133622 Stand-alone costs, Ramsey prices, and postal rates [Elektronische Daten] [Thomas Lenard, Monica Bettendorf, Stephen Mcgonegal] This paper discusses two external benchmarks for assessing the results of the 1990 postal rate proceeding. First, we generate stand-alone cost estimates for third-class bulk advertising mail, based on market data from private mail carriers. Second, we derive Ramsey optimal prices for all classes of mail. Private delivery costs for bulk advertising are significantly below the third-class bulk regular rates adopted by the U.S. Postal Rate Commission, indicating that the new third-class rates are well above stand-alone costs for an efficient enterprise. Moreover, the Ramsey price analysis suggests that the rate structure adopted reflects, at least implicitly, considerations other than economic efficiency. Kluwer Academic Publishers, 1992 Lenard Thomas Heiden Associates, 2100 M Street, NW, Suite 300, 20037, Washington, DC, USA aut Bettendorf Monica Heiden Associates, 2100 M Street, NW, Suite 300, 20037, Washington, DC, USA aut Mcgonegal Stephen Heiden Associates, 2100 M Street, NW, Suite 300, 20037, Washington, DC, USA aut Journal of Regulatory Economics Kluwer Academic Publishers 4/3(1992-09-01), 243-262 0922-680X 4:3<243 1992 4 11149 https://doi.org/10.1007/BF00133622 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/BF00133622 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Lenard Thomas Heiden Associates, 2100 M Street, NW, Suite 300, 20037, Washington, DC, USA aut NATIONALLICENCE 700 1- Bettendorf Monica Heiden Associates, 2100 M Street, NW, Suite 300, 20037, Washington, DC, USA aut NATIONALLICENCE 700 1- Mcgonegal Stephen Heiden Associates, 2100 M Street, NW, Suite 300, 20037, Washington, DC, USA aut NATIONALLICENCE 773 0- Journal of Regulatory Economics Kluwer Academic Publishers 4/3(1992-09-01), 243-262 0922-680X 4:3<243 1992 4 11149 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer