This paper develops a new method for estimating a demand function and the welfare consequences of price changes. The … method is applied to gasoline demand in the United States and is applicable to other goods. The method uses shape … restrictions derived from economic theory to improve the precision of a nonparametric estimate of the demand function. Using data …

group rather than the true individual value. In consumer demand this form of measurement error is present because the price … show the importance of such measurement errors for the estimation of demand in a setting with nonseparable unobserved … heterogeneity. We develop a consistent estimator using external information on the true distribution of prices. Examining the demand …

We provide a new framework to identify demand elasticities in markets where managers rely on algorithmic … identify demand elasticities across hotel room types and over time. We confirm these elasticity estimates with a difference …-function approach to two classic questions in the dynamic pricing literature: the evolution of price elasticity of demand over time as …

This paper develops a new approach that combines firm margins, market-level industry data and a static demand model to … demand. This framework is applied to the UK laundry detergent industry from 2002 to 2012. I conduct two policy experiments …

Empirical evidence on households' awareness of electricity prices and potentially divergent demand responses to price … demand of uninformed households is entirely price-inelastic. Based on these results, to curb the electricity consumption of … Preiskenntnissen auf Strompreisänderungen reagieren, wohingegen die Nachfrage von Haushalten ohne rudimentäre Preiskenntnisse völlig …

This paper presents an empirical verification of the demand price elasticity for piped water in major cities in Poland … – it was the main goal of the research. The information concerning the demand reaction to price changes is substantial for … sustainable urban water demand. Any prediction of possible adaptation to global climate change also requires detailed information …

This paper develops a pseudo-panel approach to examine household electricity demand behavior through the household life … evidence that the income elasticity of French residential electricity demand is 0.22, averaged over our four cohorts of …

We propose a new instrument for estimating the price elasticity of gasoline demand that exploits systematic differences … response to an aggregate oil price shock. Time-varying estimates do not support the view that the gasoline demand elasticity … rose to about -0.2 in 2015-16, but has remained stable since 2016. Gasoline demand is more responsive in states with lower …

goods and intertemporal elasticities of demand …