Showing 1 - 10 of 337
It is well recognized by economists that long-term contracting under an array of price and non-price provisions may be … uncertainty. We identify the 'initial price' as the outcome of the bargaining aver a fixed payment for pipeline to producer, and … describe "price-escalator provisions" as a means of making the contract responsive at the margin to changes in the valuation of …
Persistent link: https://www.econbiz.de/10013217942
subsequent reinstatement, of the 5% gasoline sales tax in Illinois and Indiana following a temporary price spike in the spring of …
Persistent link: https://www.econbiz.de/10012750555
plants substantially reduce the price paid for coal (but not gas), and tend to employ less capital-intensive sulfur abatement …
Persistent link: https://www.econbiz.de/10013054040
after the cost shock. Furthermore, the costs of price adjustment are small …
Persistent link: https://www.econbiz.de/10013073200
We study the electricity consumption of San Diego-area households following a series of price changes and related … assumptions regarding a consumer's knowledge of energy prices. We find that after a rapid price increase in summer 2000 …-crisis levels after a price cap was imposed. Under the price cap public appeals for energy conservation and a remunerative voluntary …
Persistent link: https://www.econbiz.de/10013248389
It is well documented that retail prices in Japan are higher than in other countries for similar products. The two main competing explanations for this finding are: (1) a relatively high degree of discriminatory practices against imports and (2) relatively high distribution costs associated with...
Persistent link: https://www.econbiz.de/10013227756
Sellers of new products are faced with having to guess demand conditions to set price appropriately. But sellers are … able to adjust price over time and to learn from past mistakes. Additionally, it is not necessary that all goods be sold … with certainty. It is sometimes better to set a high price and to risk no sale. This process is modeled to explain retail …
Persistent link: https://www.econbiz.de/10013223605
There has been a widespread displacement of coal by natural gas as space heating and cooking technology in Turkey in the last two decades, triggered by the deployment of natural gas networks. In this paper, we examine the impact of this development on mortality among adults and the elderly. Our...
Persistent link: https://www.econbiz.de/10012984770
Residential natural gas customers in the United States face volumetric charges for natural gas that average about 30% more than marginal cost. The large markup on natural gas - which is used to cover the fixed infrastructure and operating costs of the local distribution companies - is widely...
Persistent link: https://www.econbiz.de/10013131987
attributed to the solar capacity expansion, this average price impact masks a substantial decrease in mid-day prices combined …
Persistent link: https://www.econbiz.de/10012911703