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Aggregate Demand Externalities and Labor Supply Decisions: Worker Discouragement and Market Inefficiency
Aggregate Demand Externalities Labor Supply Decisions
2015/9/21
When monopolistic firnls price using markups over worker productivity, low productivity workers may not enter the labor
market because the wage may be too low. In the presence of aggregate demand spi...
Pricing and learning with uncertain demand
Monopoly policy pricing discrete price elasticity of demand profits
2015/8/11
Practical policies for the monopolistic pricing problem with uncertain demand are discussed (for discrete time, continuous prices and demand, in a linear and Gaussian setting). With this model, the in...
Report of the Market Simulation Group on Competitive Supply/Demand Balance in the California Allowance Market and the Potential for Market Manipulation
Market Simulation Competitive Supply
2015/7/31
California's Cap and Trade market in greenhouse gases (GHG) is now in its
third calendar year, with the rst allowance auction taking place on November
14, 2012 and compliance obligations commencing...
Relative prices and electronic substitution: Changes in household-level demand for postal delivery services from 1986 to 2004
United States Postal Service Relative prices
2015/7/31
This paper quantifies the extent to which the shift in the aggregate household-level demand for postal
delivery services can be attributed to the appearance of alternative modes of communication vers...
When It Comes to Demand Response, Is FERC Its Own Worst Enemy?
Worst Enemy Demand Response
2015/7/31
There is a significant risk of creating conditions that will
crowd out true price response by focusing too much on
demand response programs with unverifiable baselines
and reliability-b...
We investigate the divergence between these results and find that a virtually all of
the difference can be explained by the higher level of temporal and spatial aggregation. Since
our baseline...
This paper examines the empirical validity of a model of homogeneous input
demand under price uncertainty in which firms trade off expected input cost
against its variability (risk) in selecting t...
Estimating the Customer-Level Demand for Electricity Under Real-Time Market Prices
Market Prices Customer-Level
2015/7/31
This paper presents estimates of the customer-level demand for electricity by industrial and
commercial customers purchasing electricity according to the half-hourly energy prices from the
England a...
Symmetric Treatment of Load and Generation: A Necessary Condition for Demand Response to Benefit Wholesale Market Efficiency and Manage Market Efficiency and Manage Intermittency
Load and Generation Manage Intermittency
2015/7/31
Outline of Talk • Dynamic Pricing
versus
Time-of-Use Pricing
• Symmetric treatment of load and generation
• A necessary condition for realizing
the benefits of dynamic pricin...
Unraveling Results from Comparable Demand and Supply:An Experimental Investigation
Two-side Matching market design unraveling experiments
2015/7/23
Markets sometimes unravel, with offers becoming inefficiently early. Often this is attributed to competition arising from an imbalance of demand and supply, typically excess demand for workers. Howeve...
Unraveling Results from Comparable Demand and Supply:An Experimental Investigation
Labor Marketplace Matching Quality Competition Balance and Stability
2015/4/23
Markets sometimes unravel, with offers becoming inefficiently early. Often this is attributed to competition arising from an imbalance of demand and supply, typically excess demand for workers. Howeve...
The Impact of Supplier Reliability on Retailer Demand
Customer Satisfaction Forecasting and Prediction Learning Consumer Behavior Service Delivery
2015/4/23
To set inventory service levels, firms must understand how changes in service level affect customer demand. While the effects of service level changes have been studied empirically at the level of the...
Complete household demand system of vegetables in Ogun State, Nigeria
Almost Ideal Demand System complementarity elasticity substitutability vegetable
2014/11/28
Fruit and vegetable consumption has been shown to be an important part of any diet leading towards good health, but little is known about the vegetable demand behaviour at finer levels of disaggregati...
IMPACT OF BIOFUEL DEMAND ON WATER ALLOCATION IN THE GREAT PLAINS
IMPACT OF BIOFUEL DEMAND WATER ALLOCATION GREAT PLAINS
2014/6/3
IMPACT OF BIOFUEL DEMAND ON WATER ALLOCATION IN THE GREAT PLAINS。
Services Trade and Labor-Demand Elasticities of Service Sector: Empirical Evidence from China
Trade Liberalization Labor-Demand Elasticities Service Sector Substitution Effect Output Effect
2013/2/20
This paper analyses the impact of services trade on the labor-demand elasticities of service sector with the data of China from 1982 to 2009.we find that: 1) First, no matter in the long run or in the...