This analysis provides an international perspective geared towards understanding the future demands being placed on the world's electricity system. It focuses upon the household or residential demand for electricity in a number of high-income and middle-income countries that may raise power...

We consider a broad class of intertemporal economic problems and we characterize the short and long-run response of the demand for a good to a permanent increase in its market price.Depending on the interplay between self-productivity and time discounting, we show that dynamic substitution...

This paper investigates the role of randomized controlled clinical trials in the demand for cancer drugs. The unique setting of off-label prescribing, where it is possible to observe demand for a drug for a particular cancer both before and after a trial result is released, is used. A new data...

This paper examines the advantages and drawbacks of alternative methods of estimating oil supply and oil demand elasticities and of incorporating this information into structural VAR models. I not only summarize the state of the literature, but also draw attention to a number of econometric...

We consider a seller who can dynamically adjust the price of a product at the individual customer level, by utilizing information about customers' characteristics encoded as a d-dimensional feature vector. We assume a personalized demand model, parameters of which depend on s out of the d...

Production and consumption of dairy alternative beverages in the United States has been on the rise as per capita consumption of fluid milk continues to fall. Almond milk and soymilk are the fastest growing categories in the U.S. dairy alternative marketplace. Using household level purchase data...

In one laboratory study and one field study conducted with a large, representative sample of respondents, we show that seemingly innocuous questions that precede a conjoint task, such as demographic and usage-related screening questions can alter the price sensitivities recovered fromthe main...

We revisit the classical problem of price elasticity estimation from a causal perspective. When the price is perceived as a continuous but endogenous treatment, the flexible estimation of price elasticity can be turned into the estimation of heterogeneous treatment effects. To this end, we...

This paper investigates the role of the outside good utility function on admissible substitution patterns in direct utility models of discrete/continuous demand. We first present a set of novel results that characterize the functional form of price effects within this class of models. The...

We estimate effects of e-cigarette taxes enacted in eight states and two large counties on e-cigarette prices, e-cigarette sales, and sales of other tobacco products. We use Nielsen Retail Scanner data from 2011 to 2017, comprising approximately 35,000 retailers nationally. We develop a method...