In this study, we estimate final demand for beverages with a particular focus on alcoholic beverages and calculate … - to assess whether higher alcohol consumption could be described by different price and income elasticities in comparison … demand system. To generate missing price data, we used the recently proposed quality adjusted price approach. Due to a high …

-seeking has developed along two strands, each focusing on only one type of substitutability. I specify a demand model that … demand model specified allows consumption to have an enduring effect and the marginal utility of the different products to … current and future satiation levels, but also prices and product choices. I then use the model to evaluate the demand …