from economic theory to improve the precision of a nonparametric estimate of the demand function. Using data from the U …This paper develops a new method for estimating a demand function and the welfare consequences of price changes. The … method is applied to gasoline demand in the U.S. and is applicable to other goods. The method uses shape restrictions derived …

economic theory to improve the precision of a nonparametric estimate of the demand function. Using data from the U.S. National …This paper develops a new method for estimating the demand function for gasoline and the deadweight loss due to an … Household Travel Survey, we show that the restrictions are consistent with the data on gasoline demand and remove the anomalous …