Methods for Indexing the Income of the Population with an Increase in Consumer Prices

The article deals with the formation of money income of the population, changes in the formation of consumer goods and needs for them, including under the influence of pricing, the structural volumes of goods offered for sale with different consumer properties and values. The problem of dynamics and the level of growth in prices for consumer goods is considered from the standpoint of disclosing the relationship between the emerging incomes of the population, inflation, methods of indexation and compensatory regulation. The formation of the incomes of the population of Russia is characterized not only by an insufficiency in relation to existing needs, but also by many contradictions that restrain their correspondence with the goals of improving welfare. At the same time, the need to identify the changes in trends and patterns taking place in the economy and social practice becomes a condition for the possible improvement of the tasks being solved not only in increasing the income of the population, but also in regulating them in consumption and efficiency of use. In practice and in research results, the lack of a systematic nature of the tasks being solved is recorded (generalized) both in price regulation and in the indexation of income in guaranteed rates corresponding to the dynamics of real inflation indicators, its level positions, which are taken into account not only in the emerging wages in monetary form, but also in various benefits that are paid by the state. The solution of these problems requires further detailed scientific research of the processes actually occurring in economic practice with the use of methods for indexing the income of the population with an increase in consumer prices. The supply of consumer goods on the market, which does not have a profitable orientation towards their purchases, in our opinion, will always exacerbate the problem of choosing methods of price regulation, both on the part of the state and commodity producers.

Comprehending the Pricing Decision of Online Car-Hailing Services in China: Price Regulation Vs Entry Limitation

Online car-hailing service has had an exponential growth in recent years, and poses a substantial threat to taxi service. Yet how to regulate online car-hailing service has not been adequately studied. Based on the regulation of tradition taxi service, price regulation and entry limitation are used to regulate online car-hailing service in this paper. Moreover, we consider two types of online car-hailing service, i.e., high-end service(e.g. UberBlack) and low-end service (e.g., UberX), according to the perceived service level. Then, the optimal platform’s price is formulated. The result shows that the price regulation are likely to increase the optimal platform price, depending on the service type and the taxi price. When the platform offers low-end service and the taxi price is low, the optimal platform price does not change. In contrast, the entry limitation reduces the optimal platform’s price when it achieves the regulation target.