In empirical demand, industrial organization, and labor economics, prices are often unobserved or unobservable since …-consistent demand analysis remains feasible in the presence of partially observed prices, and hence partially observed implied budget …

price elasticity of demand for cannabis and implications for likely state excise and sales tax revenues. We use crowdsourced … elasticity of demand for cannabis. We use distances from growing areas to the major markets as a proxy for cost variations. We … obtain an estimate of the price elasticity of demand for cannabis of -0.418, which suggests that legalizing and taxing …

own-price elasticity of quantity demand for soda of between -1.0 and -1.3. These estimates ignore consumer responses on … prices to estimate unrestricted demand models that correct for both errors. The corrected own-price elasticity of quantity … demand is just -0.2 to -0.3, so tax-induced soda price increases might cut average weights by less than one pound, which is …