for a single product while the others search for multiple products. When the mass of consumers who demand one of the … the products are neither complements nor substitutes. In addition, under some conditions, this decrease in demand causes …

show that a positive demand shock to one of the products decreases the price of another product, whereas it increases its … own price, and a negative correlation between the demands for each product strengthens these tendencies. Both prices … decrease, however, following a positive demand shock when the demands for each product are positively correlated. We also show …

Elementary consumer theory assumes that prices affect demand only because they affect the budget constraint (BC). By … contrast, several models suggest that prices can affect demand through other channels (e.g. because they signal quality). This … also changes the BC. This paper uses a lab and a field experiment to disentangle BC from non-BC effects of prices on demand …

In the last decade Demand Response (DR) programs have been influencing loads' profiles of electric users who …

This paper develops a new approach that combines firm margins, market-level industry data and a static demand model to … demand. This framework is applied to the UK laundry detergent industry from 2002 to 2012. I conduct two policy experiments …

We provide a new framework to identify demand elasticities in markets where managers rely on algorithmic … identify demand elasticities across hotel room types and over time. We confirm these elasticity estimates with a difference …-function approach to two classic questions in the dynamic pricing literature: the evolution of price elasticity of demand over time as …