影响商品价格弹性的因素包括:In summary, own-priceelasticity of demandis likely to begreater(i.e., more sensitive) for items that have manyclose substitutes,occupy a large portionof the total budget, are seen to beoptionalinstead of necessary, or havelonger adjustment times. 替代品的可得性与相似...
price elasticity of gasoline demand is important for researchers modeling automotive and energy markets and for policy makers in urban planning and most importantly for mitigating climate change Estimation is difficult due to: Endogeneity: Simultaneous supply and demand forces Motivation The price ...
Product Market Definition in Pharmaceutical Antitrust Cases: Evaluating Cross-Price Elasticity of Demandcourt system and its ease of use when compared to direct analysis of anticompetitive effects."Indeed, Robert Pitofsky notes, with 31, 2010). 39 Jonathan Ian Glenken, Editor's Note, Symposiumon...
Both ad hoc demand models and neoclassical demand models have been estimated, often resulting in considerably different estimates of price elasticities. In this paper, elasticity estimates are presented from each type of demand model using data from the Arizona and North Carolina rate demonstration ...
Looking for ways to increase revenue from the bar at the Cambridge theatre where his ballerina wife Lydia Lopokova often danced (Keynes subsidized the theatre, so he had an interest in its “liquidty”), he studied the cross elasticity of demand between ordinary and premium Champagnes and ...
In this paper, we study the change of Australian electricity price dynamics that was observed before, during and after the two-year period in which a Carbo
These calculations are base on an own-price elasticity of demand in the range of −0.3 to −0.5. For further discussion of the impacts of wheat flour exports to Afghanistan on Pakistan’s prices, see Dorosh and Salam (2008). Although the border between Afghanistan and Pakistan is highly ...
21 Weisman demonstrates that the VIP retail price can be higher than the minimum price, depending on the price elasticity of demand for its retail product. Weisman, supra note 9, at 128–29. 22 See, e.g., Glen O. Robinson, On Refusing to Deal with Rivals, 87 CORNELL L. REV. 1177 ...
In addition, wheat prices appear to be sensitive to fluctuations in the real exchange rate. The sensitivity to fluctuation is almost the same for the two samples, both before and after the financialization of the wheat market. Specifically, the elasticity of about −0.7 suggests that a real ...
20 This can be seen even more clearly by rewriting Equation (A3) in terms of elasticity with respect to s [as used in economics for e.g. the price-elasticity of demand, see e.g. Parkin et al. (2002)], i.e. for 0 < s1 < s2 < ∞ as s2 [X]− s1 [X] s2 [X]...