market in New York City to estimate an average elasticity of wholesale demand for fresh fish. The weighting function …Instrumental variables (IV) estimation of a demand equation using time series data is shown to produce a weighted … average derivative of heterogeneous potential demand functions. This result adapts recent work on the causal interpretation of …

important issue in the debate over re-regulation of cable prices. We estimate a consumer level demand system for satellite …

We develop an asset pricing model with flexible heterogeneity in asset demand across investors, designed to match … institutional and household holdings. A portfolio choice model implies characteristics-based demand when returns have a factor … variables estimator for the characteristics-based demand system to address the endogeneity of demand and asset prices. Using US …

We study the dynamics of residential electricity demand by exploiting a natural experiment that produced large and long … that the price elasticity of demand grows from –0:09 in the first six months to –0:27 two years later. We also estimate a …

estimates of the price elasticity of demand for health care, and suggest that high deductible health plans may be less effective …

I discuss economic approaches to the demand for harmfully addictive substances and estimate time-series demand …

elasticity of the demand for the output and the impact of demand and cost shifters. The use of this framework helps, in the first … way to assess the welfare effects of firms' innovative actions by estimating their impact on both cost and demand. We show …

empirical analysis of firm behavior that compares corporate demand for property and catastrophe insurance (here, terrorism). We … combine demand and supply data and apply a simultaneous-equation approach to address the problem of endogenous premium … decisions. The main finding is that demand for property and catastrophe insurance are not very different and that the demand for …

demand by residential households for water. It uses the changes in distributions of water using the census block group levels …

other products by an unusually low elasticity of demand with respect to product failure. While consumers in other markets … potential cures accumulated over time. Because no one was ever cured and consumers possessed a highly inelastic demand with … respect to product failures, demand was unrelenting. In short, patent medicines flourished not despite their dubious medicinal …