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Persistent link: https://www.econbiz.de/10011495052
pharmaceuticals, are deemed to be price inelastic with price elasticities of demand (PED) close to -0.20. However, most studies of PED …Ever since the seminal RAND Health insurance experiment (HIE) was conducted, most health care services, including … exploit natural experiments that change demand prices for multiple components of health care. Consequently, these experiments …
Persistent link: https://www.econbiz.de/10012989727
modeling unobserved consumer preferences over products and retail stores, leading to augmented demand specifications. Having … logit and random coefficient logit specifications of demand in a structural model of equilibrium. Allowing for store …
Persistent link: https://www.econbiz.de/10003870864
Persistent link: https://www.econbiz.de/10008826943
Persistent link: https://www.econbiz.de/10011548402
Estimating consumer surplus is challenging because it requires identification of the entire demand curve. We rely on … Uber's "surge" pricing algorithm and the richness of its individual level data to first estimate demand elasticities at … several points along the demand curve. We then use these elasticity estimates to estimate consumer surplus. Using almost 50 …
Persistent link: https://www.econbiz.de/10012456053
Estimating consumer surplus is challenging because it requires identification of the entire demand curve. We rely on … Uber's “surge” pricing algorithm and the richness of its individual level data to first estimate demand elasticities at … several points along the demand curve. We then use these elasticity estimates to estimate consumer surplus. Using almost 50 …
Persistent link: https://www.econbiz.de/10012983430
Rice is a staple food in the West African nation of Sierra Leone with little difference in consumption between poor and wealthy households. Rice production is also an important source of livelihood with half of all households, three-quarters of rural households and about two-thirds of poor...
Persistent link: https://www.econbiz.de/10012297240
. In this paper, I develop and estimate a structural model that explains the demand side behavior in the market for … changes in demand for cholesterol-reducing drugs due to increased expenditure in DTCA. The results of the policy analysis …
Persistent link: https://www.econbiz.de/10013089806
Indeed, it is the economic regulation that shaped present ‘competitive market structure’ in Malaysia. This market structure hence generated the ‘competition culture’ in many industries. The structural changes contributed to transition of a regulated market-based to open market- based...
Persistent link: https://www.econbiz.de/10013212074