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Accurately estimating the price elasticity of demand for gasoline is fundamental in many different policy settings, in that how consumers respond to changing gas prices significantly affects the outcome of policy forecasts and debates. This paper simultaneously addresses four common modeling...
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The efficiency of resource allocation is often analyzed in static frameworks with a focus on the cross-sectional heterogeneity in the willingness to pay among users. When the resource is durable in nature, the temporal heterogeneity could be important in assessing the efficiency properties of...
Persistent link: https://www.econbiz.de/10012840337
The efficiency of resource allocation is often analyzed in static frameworks with a focus on the cross-sectional heterogeneity in the willingness to pay among users. When the resource is durable in nature, the temporal heterogeneity could be important in assessing the efficiency properties of...
Persistent link: https://www.econbiz.de/10012482084
The efficiency of resource allocation is often analyzed in static frameworks with a focus on the cross-sectional heterogeneity in the willingness to pay among users. When the resource is durable in nature, the temporal heterogeneity could be important in assessing the efficiency properties of...
Persistent link: https://www.econbiz.de/10013309632
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