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 …

A recent literature considers the identification of heterogeneous demand and supply models via "quasi … demand when one has "micro data'' linking characteristics of individual consumers to their choices. Micro data provide a … panel structure allowing one to exploit variation across consumers within each market, where latent demand shocks are fixed …

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 …

This paper estimates the price elasticity of demand for alcohol using Health and Retirement Survey data. To account for …

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 …

We estimate the price elasticity of water demand with household-level data, structurally modeling the piecewise … elasticity of demand under increasing-block prices and compare conditional and unconditional elasticities analytically and …