Most demand -- especially labor demand -- is derived from the demand for some other product. This note demonstrates … case of derived demand. -- derived demand ; indirect demand ; consumers's surplus ; economic rent …

-constrained consumers' access to financial markets make demand insensitive to interest rate fluctuations. The demand of credit … price sector influence aggregate demand and, for monetary policy to have its desired effect, the central bank has to …

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 …

treatment of the demand for adoption. We show that the propensity to adopt a child increases in the degree of own altruism …. -- adoption ; demand for adoption ; fertility ; children ; altruism …

This paper presents a life cycle model for the demand for health, and derives empirical specifications that distinguish … between permanent and transitory wage responses. Using panel data, we estimate dynamic health and health input demand …

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 …

power has become a policy priority. To fill this knowledge gap, this paper introduces a simple simulation method, the …