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When monopolistic firnls price using markups over worker productivity, low productivity workers may not enter the labor market because the wage may be too low. In the presence of aggregate demand spi...
Practical policies for the monopolistic pricing problem with uncertain demand are discussed (for discrete time, continuous prices and demand, in a linear and Gaussian setting). With this model, the in...
California's Cap and Trade market in greenhouse gases (GHG) is now in its third calendar year, with the rst allowance auction taking place on November 14, 2012 and compliance obligations commencing...
This paper quantifies the extent to which the shift in the aggregate household-level demand for postal delivery services can be attributed to the appearance of alternative modes of communication vers...
There is a significant risk of creating conditions that will crowd out true price response by focusing too much on demand response programs with unverifiable baselines and reliability-b...
We investigate the divergence between these results andnd that a virtually all of the difference can be explained by the higher level of temporal and spatial aggregation. Since our baseline...
This paper examines the empirical validity of a model of homogeneous input demand under price uncertainty in which firms trade off expected input cost against its variability (risk) in selecting t...
This paper presents estimates of the customer-level demand for electricity by industrial and commercial customers purchasing electricity according to the half-hourly energy prices from the England a...
Outline of Talk • Dynamic Pricing versus Time-of-Use Pricing • Symmetric treatment of load and generation • A necessary condition for realizing the benefits of dynamic pricin...
Markets sometimes unravel, with offers becoming inefficiently early. Often this is attributed to competition arising from an imbalance of demand and supply, typically excess demand for workers. Howeve...
Markets sometimes unravel, with offers becoming inefficiently early. Often this is attributed to competition arising from an imbalance of demand and supply, typically excess demand for workers. Howeve...
To set inventory service levels, firms must understand how changes in service level affect customer demand. While the effects of service level changes have been studied empirically at the level of the...
Fruit and vegetable consumption has been shown to be an important part of any diet leading towards good health, but little is known about the vegetable demand behaviour at finer levels of disaggregati...
IMPACT OF BIOFUEL DEMAND ON WATER ALLOCATION IN THE GREAT PLAINS。
This paper analyses the impact of services trade on the labor-demand elasticities of service sector with the data of China from 1982 to 2009.we find that: 1) First, no matter in the long run or in the...

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