Applied work in price discrimination often treats demand curves among multiple market segments as algebraically additive. Yet the welfare effects of multi-market (third degree) price discrimination depend on the method by which demand segments are added. Treating demands as geometrically...

A household's decision to acquire price knowledge is endogenous in the demand for utility services and may affect elasticities and consumption levels. A simultaneous equation model with endogenous switching is developed to evaluate the effects of price ...

This paper examines the foundations of attitudes towards immigrants by focusing on individual characteristics and country-specific effects. We use a micro-level data set from 31 countries. In particular, we utilize the module on National Identity of the 2003 International Social Survey Program...

Using a new model formulation and data from a sample of Colorado utilities, we investigated the price specification controversy (marginal price versus average revenue) when estimating residential water demand. The improved statistical fit using average ...