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valuable kWh (as indicated by the market demand curve) are rationed. Then we estimate the per-kWh cost of rationing by cutting …
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Any demand equation satisfying Lau’s (1982) Fundamental Theorem of Exact Aggregation and 0° homogeneity in prices and …
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Any demand equation satisfying Lau’s (1982) Fundamental Theorem of Exact Aggregation and is 0 homogeneous in prices …
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the third-order terms, and also test regularity conditions such as homogeneity and symmetry restrictions of the …-order terms are statistically significant which means that they are important determinant of consumer demand. But we reject the …
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