More equitable pricing FAQ - information power
peter.suber's bookmarks 2024-07-31
Summary:
"Q: Where can I get more information about the World Bank International Comparison Program?
A: https://www.worldbank.org/en/programs/icp/faq
Q: You describe different banding approaches on page 10. Which is used for the banding example on page 8?
A: The band approaches on page 10 are just examples and the purpose of this table is to illustrate that the use of banding can significantly reduce the proportional uplift that would need to be applied to the current price to maintain current total revenues while introducing equitable pricing for all in a single step. This doesn’t have to be the only way to address the shortfall, but it illustrates the relative magnitude of the issue. A more practical approach might be to gradually implement more equitable pricing for customers over several years. One can also change the band boundaries as has been done in the example on page 8."