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demand-side competition can be enhanced … address the potential beneficial impacts of improving the demand-side conditions of rivalry. This paper suggests that focus on … such demand-side elements can yield substantial benefits to consumers, especially by changing the elasticity of residual …
Persistent link: https://www.econbiz.de/10014068463
that subjects think about both the relative and the absolute price differences, even though according to economic theory …
Persistent link: https://www.econbiz.de/10014045606
Nearly all theoretically motivated models of consumer demand for multiple goods assume additive separability in … founded model of consumer demand for continuous quantities of related goods. It also proposes a Bayesian estimation approach … demand for multiple goods which relaxes additive separability and does not suffer from a curse of dimensionality in the …
Persistent link: https://www.econbiz.de/10014039481
The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated … the growing literature on models used to study demand, consumer baseline (CBL) and demand response in the electricity … market. After characterizing the general demand models, it reviews consumer baseline based on which further study the demand …
Persistent link: https://www.econbiz.de/10013104681
The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated … the growing literature on models used to study demand, consumer baseline (CBL) and demand response in the electricity … market. After characterizing the general demand models, it reviews consumer baseline based on which further study the demand …
Persistent link: https://www.econbiz.de/10009548648
Game-theoretic models of marketing channels typically rely on simplifying assumptions that, from a behavioral perspective, often appear naïve. However, behavioral researchers have produced such an abundance of behavioral regularities that they are impossible to incorporate into game-theoretic...
Persistent link: https://www.econbiz.de/10012857645
Persistent link: https://www.econbiz.de/10011927265
The present paper develops a basic framework for evaluating and optimizing profits in a business operation. In developing a business we are often faced with an infinity of choices ranging from what products or services to sell and what customers to target to how to structure and manage the...
Persistent link: https://www.econbiz.de/10005561773
This paper studies unshrouding decisions in a framework similar to Gabaix and Laibson (2006), but considers an alternative unshrouding mechanism where the impact of advertising add-on information depends on the number of unshrouding firms. We show that shrouding becomes less prevalent as the...
Persistent link: https://www.econbiz.de/10010223577
We propose a framework for analyzing spatial competition between retailers of different formats. Our approach yields … conventional wisdom, we find substantial cross-format competition between supercenters, club stores, and traditional grocers. Our …
Persistent link: https://www.econbiz.de/10011800990