Market share models for weekly store-level data are useful to understand competitive structures by delivering own and cross price elasticities. These models can however not be used to examine which brands lose share to which brands during a specificperiod of time. It is for this purpose that we...

This paper presents a meta-analysis of variations in price and income elasticities of residential water demand.Information on the determinants of consumer demand is of pivotal importance for the efficiency and efficacy ofpublic and private policy-making. It is also crucial for effective water...

Reducing meat consumption has become a global policy target due to rising environmental, health, and animal welfare concerns. We provide novel evidence on how price change in real life affects grocery shopping behavior in the Netherlands. We focus on price-induced behavioral response among major...

In a standard general equilibrium model it is assumed that there are no price restictionsand that prices adjust infinitely fast to their equilibrium values. In this paper the set ofadmissible prices is allowed to be an arbitrary convex set. For such an arbitrary set it cannotbe guaranteed that...

The main ingredient of this paper is the derivation of the generalized version of Hamilton's rule. This version is derived with the Generalized Price equation. The generalized version of Hamilton's rule generalizes the original rule, in the sense that it produces a set of rules; one rule for...

The main ingredient of this paper is the derivation of the Generalized Price equation. This generalizes the original Price equation in the sense that it produces a set of Price-like equations, one for every different underlying model that one could assume has generated the data. All of these...