This paper studies behavior patterns among theater attendees in the process of ticket purchasing. Since the theater attempts to balance between a high occupancy and affordable prices, the purpose of the study is to reveal the effects of changes in prices on attendance. This project is conducted...

This paper studies the pricing of a monopolistic seller, who uses a coupon to price discriminate and is faced with a general demand, in the framework of second-degree price discrimination. I extend the pricing rule of the monopolist to the case of price discrimination that, if the marginal cost...

The paper presents econometric estimates of the capital-labor substitution elasticities in terms of 10 economic activities based on the 2003-2009 data. Elasticities are estimated in the context of computable general equilibrium (CGE) methodology, particularly, based on the constant elasticity of...

Spatial equilibrium in housing markets implies that distant factors are correlated with prices in specific (focal) neighborhoods through market mechanisms. Using this logic, we develop a novel approach for handling price endogeneity in a reduced-form land use model. We combine a control function...

We analyze the relative price elasticity of unconventional versus conventional natural gasextraction. We separately analyze three key stages of gas production: drilling wells, completing wells, and producing natural gas from the completed wells. We find that the important margin is drilling...

Labor demand elasticity is a measure of the sensitivity of labor demand to a change in factor prices. Hicks-Marshall laws of derived demand affect the magnitude of the elasticity of labor demand. The relationship between union strategy and labor demand elasticity was also examined as part of...

This report reviews the current status of European Member States' regulation supporting Demand Response and Aggregation in the wholesale, balancing and ancillary electricity markets, as stipulated in Article 15 of the Energy Efficiency Directive. Demand Response is able to increase the system's...

This report reviews the current status of European Member States' regulation supporting Demand Response and Aggregation in the wholesale, balancing and ancillary electricity markets, as stipulated in Article 15 of the Energy Efficiency Directive. Demand Response is able to increase the system's...

This report reviews the current status of European Member States' regulation supporting Demand Response and Aggregation in the wholesale, balancing and ancillary electricity markets, as stipulated in Article 15 of the Energy Efficiency Directive. Demand Response is able to increase the system's...