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While audience and participation surveys, as well as econometric demand studies, generally confirm that performing arts audiences are relatively elite, there are surprises. Education (despite conflicting causal interpretations) is a stronger determinant than income, but that evidence is more...
Persistent link: https://www.econbiz.de/10014023815
Abstract Endogenous consumption of advertising is common. Consumers can choose to change channels to avoid TV ads, click away from paid online video ads, or discard direct mail without reading advertised details. As technological advances give firms improved abilities to target individual...
Persistent link: https://www.econbiz.de/10011862244
For information/digital products, the used goods market has been viewed as a threat by producers. However, it is not clear if this view is justified because the used goods market also provides owners with an opportunity to sell their products. To investigate the impact of the used goods market...
Persistent link: https://www.econbiz.de/10012245077
This paper presents a meta-analysis of variations in price and income elasticities of residential water demand.Information on the determinants of consumer demand is of pivotal importance for the efficiency and efficacy ofpublic and private policy-making. It is also crucial for effective water...
Persistent link: https://www.econbiz.de/10010324973
Persistent link: https://www.econbiz.de/10001972807
We investigate the relationship between centralized and decentralized collective demand models applied to consumption within a household with multiple individuals. The centralized program is described by a Bergsonian representation of the household utility function and a household budget...
Persistent link: https://www.econbiz.de/10013024790
In empirical demand, industrial organization, and labor economics, prices are often unobserved or unobservable since they may only be recorded when an agent transacts. In the absence of any additional information, this partial observability of prices is known to lead to a number of identi?cation...
Persistent link: https://www.econbiz.de/10011284225
This paper deals with the regularity problem in the Almost Ideal Demand System (AIDS) in terms of the boundedness of the budget shares within the [0,1] interval. The violation of "cointegration accounting" can be seen just as another consequence of irregularity. The discussion of modifications...
Persistent link: https://www.econbiz.de/10011494539
This paper presents a meta-analysis of variations in price and income elasticities of residential water demand.Information on the determinants of consumer demand is of pivotal importance for the efficiency and efficacy ofpublic and private policy-making. It is also crucial for effective water...
Persistent link: https://www.econbiz.de/10011398958
Economic policies rely on demographic projections. Yet in making these projections, researchers often ignore the aspect of household formation - despite sustained trends in many industrialized countries towards smaller household units with fewer members. Over the long term, this trend is likely...
Persistent link: https://www.econbiz.de/10011666807