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This study aimed to analyze the demand for gasoline C in Minas Gerais, from January 2002 to December 2010. The results suggested that gasoline demand is influenced by the C of C gasoline prices and ethanol and the consumer’s income. It was found that demand was inelastic to the price of...
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In Hotelling's fundamental model (1929), the geographical distance and high transportation costs grant firms present in a market a certain power over local buyers in their neighborhoods. Starting from his model, this study shows that in the competition between a bank and a microfinance...
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In electricity day-ahead markets organized as uniform price auction, a small reduction in supply in times of high demand can cause substantial increases in price. We use a unique data set of failures of generation capacity in the German-Austrian electricity market to investigate the relationship...
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Television is the dominant entertainment medium for hundreds of millions. This chapter surveys the economic forces that determine the production and consumption of this content. It presents recent trends in television and online video markets, both in the US and internationally, and describes...
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