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prices can be measured through the context of the indirect utility function (IUF) using a lab experiment. First, the paper … in the mainstream of experimental economics. Indeed, the DT in modern microeconomics indicates that the direct utility … under the expected utility theory (EUT) are somewhat subject to context. Other findings imply that the risk premium (RP), as …
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attempt to improve the grid’s operation and maximize the socioeconomic welfare. However, estimating the utility function is … necessary to maximize the socioeconomic welfare, which is not a trivial task. The utility function models the quality of life … estimate the utility function in the context of day-ahead pricing. The main benefit of the proposed method is that its …
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A new Archimedean copula family is presented that was derived from the SAHARA utility function introduced in the …
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the data by a well-behaved utility function. Our results complement the main finding of Polisson and Quah, Am. Econ. J …
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