We investigate wholesale demand response to hourly price movements in the Ontario wholesale electricity market using … Supplier Index, which are utilized in a Cournot competition model to structurally estimate price elasticity of demand during … hit and natural gas prices plummeted) to measure the demand responses to irregular price movements and find that price …

residual demand approach advanced by Goldberg and Knetter (1999). The empirical evidence for the American destination market …

typically unobserved, most studies in the demand literature have to assume a consideration model. If these consideration models … are misspecified, the demand estimates can be biased. In this paper, we develop an approach to formally test any two … coffee and milk, and relate our findings to differences in demand and supply conditions of the two product categories. …

We provide a new framework to identify demand elasticities in markets where managers rely on algorithmic … identify demand elasticities across hotel room types and over time. We confirm these elasticity estimates with a difference …-function approach to two classic questions in the dynamic pricing literature: the evolution of price elasticity of demand over time as …

increased consumer cost. This work investigates how consumers, through demand response (DR), can mitigate against market power …

This paper analyzes dynamic cartel formation and antitrust enforcement when firms operate in demand-related markets. We …

shape competition by investing into production capacity while being subject to unexpected demand shocks with persistence …. The model shows that a negative demand shock can facilitate cartel formation despite lowering collusive profits. This is … because lower demand reduces capacity utilization and makes competition more intense especially when capacities are durable …

who invest into production capacity, sell a near-homogeneous good, and are subject to unexpected demand shocks with … persistence. The firms either compete or collude in prices. The model shows that a reduction of demand may promote collusion … despite lowering collusive profits. This is the case when capacities are durable and a perceptible decline in demand creates …

This paper analyzes dynamic cartel formation and antitrust enforcement when firms operate in demand-related markets. We … enforcement. -- cartel formation ; demand linkage ; antitrust enforcement …

the concept of demand response, and then describes its propagation in recent years while making the broader argument that … demand response and to FERC’s approach to matters of jurisdictional doubt. While I share many of her concerns about boundary … lines in a federal system, I argue that FERC's demand response program represents a fair and legally defensible attempt to …