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Neoclassical theory of consumer behavior posits a static framework for utility maximization from micro perspectives. The consumer is assumed to behave as if he maximizes a utility function subject to a set of non-stochastic restrictions like exogenous prices and predetermined income. Gary Becker...
Persistent link: https://www.econbiz.de/10009438610
As the financial health of institutions of higher education become uncertain, a need exists to assess an institution's short and long-term viability. The purpose of this study is to determine whether a model developed by Leslie and Fretwell (1996) could have predicted the fiscal health for a...
Persistent link: https://www.econbiz.de/10009468058
Financial theory offers an array of explanations for corporate hedging. However, financial economists have not reached any definitive conclusions regarding whether corporations' hedging policies are consistent with theory. To examine this question, this study uses a database of the risk...
Persistent link: https://www.econbiz.de/10009430810
A computable general equilibrium model analyzes the tax effects of simultaneously reducing property taxes by 44 percent and increasing the rate of sales taxation from four to six percent in Michigan in 1994. The dissertation fills the void in the literature for empirical regional computable...
Persistent link: https://www.econbiz.de/10009431790
natural gas prices are discussed. In the State of California, the agency responsible for the official forecast is the … California Energy Commission. Every two years, the CEC holds hearings for input into its biennial Fuels Report (FR) which …
Persistent link: https://www.econbiz.de/10009435409
California. The analysis is based on 15-minute interval building load and PV production data for 24 commercial PV installations … in California, spanning a diverse set of building load shapes and geographic locations. We derive the annual bill savings … utilities in California. We identify and explain variation in the value of bill savings attributable to differences in the …
Persistent link: https://www.econbiz.de/10009435533
and congestion, occur that threaten supply-demand balance, or market conditions raise supply costs. California utilities …
Persistent link: https://www.econbiz.de/10009435534
efficiency standards for consumer products were first implemented in California in 1977. National standards became effective …
Persistent link: https://www.econbiz.de/10009435574
followed throughout the country except in California. As a result of its unique reformulated gasoline, California prices began …
Persistent link: https://www.econbiz.de/10009435609
-DR, began in 2002 following the California electricity crisis. The work has been carried out by the Demand Response Research …
Persistent link: https://www.econbiz.de/10009435675