We examine heterogeneity in Norwegian households' price responses to critical peak pricing (CPP) on electricity … effectiveness of demand-based policies, and their impact across household groups, in a more electrified future. …

We present a new partial equilibrium theory of price adjustment, based on consumer loss aversion. In line with prospect … theory, the consumers' perceived utility losses from price increases are weighted more heavily than the perceived utility … depends on the consumers' rational price expectations from the recent past. By implication, demand responses are more elastic …

demand. In this paper, we develop and apply a finite mixture bivariate probit model to analyze whether there are …

to a manufacturer increases the value of a supply chain especially for goods whose demand is highly volatile. This is …

alternative rules of thumb. In the model, firms must set their prices in face of aggregate demand shocks. Their payoff depends on … the level of aggregate demand, as well as on their own price and their neighbor s price. The latter assumption captures … local interactions. Despite the fact that the rational expectations equilibrium (REE) is characterized by a simple pricing …

This paper develops a pseudo-panel approach to examine household electricity demand behaviour through the household … evidence that the income elasticity of French residential electricity demand is 0.22, averaged over our four cohorts of …

We study planned price changes in German firm-level survey data to infer the relative importance of supply and demand … during the Covid-19 pandemic. Supply and demand forces coexist, but demand deficiencies dominate in the short run. Quarter … role for demand stimulus policy to buffer the Covid-19 economic crisis. …

-function approach to two classic questions in the dynamic pricing literature: the evolution of price elasticity of demand over time as …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 …

We evaluate the effects of bundling demand for broadband internet by K-12 schools. In 2014, New Jersey switched from … total “E-rate” subsidy from the federal government. Under weak assumptions on demand, we show that participating schools …