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Showing 1 to 20 of 104 for “"price elasticity"”.

  1. A demand responsive bidding mechanism with price elasticity matrix in wholesale electricity pools

    … bidding mechanism models demand response with Price Elasticity Matrices (PEM). Under the proposed bidding mechanism, the resultant generation schedules and electricity rates become dependent variable on demand response. This relation gives bidding results that are closer to the actual market …

    mit Repository record for A demand responsive bidding mechanism with price elasticity matrix in wholesale electricity pools (opens in a new tab)

  2. Factors affecting the gas price elasticity of travel demand : implications for transportation emissions policy

    … of two interrelated factors: 1) how high of a price increase is politically feasible to implement, and 2) the degree to which the driving public responds to the higher cost of driving. Both these factors vary over time. Given that carbon pricing and/or higher gas taxes are likely to take years …

    mit Repository record for Factors affecting the gas price elasticity of travel demand : implications for transportation emissions policy (opens in a new tab)

  3. Demand for higher education: a study of price elasticity among Virginia's four-year institutions

    … and to determine whether or not enrollments were price elastic among Virginia's public four-year institutions. The underlying intent was to check the feasibility of a human capital theory based methodology for examining the demand dependency of higher education institutions in Virginia. Price

    vt Repository record for Demand for higher education: a study of price elasticity among Virginia's four-year institutions (opens in a new tab)

  4. Regional estimates of the price elasticity of demand for natural gas in the United States

    … of gas demand response regional and state level price elasticities of demand for natural gas must be known. In this thesis, the price elasticity of demand for natural gas in the U.S. was estimated for the period 2001 to 2014 at the national, regional and state levels for the residential, …

    mit Repository record for Regional estimates of the price elasticity of demand for natural gas in the United States (opens in a new tab)

  5. Stochastic dynamic optimization of consumption and the induced price elasticity of demand in smart grids

    … response to stochastically-varying electricity prices, and a characterization of price-elasticity of demand created by optimal utilization of storage and the flexibility to shift certain demands to periods of lower prices. The approach is based on analytical characterization of the consumer's …

    mit Repository record for Stochastic dynamic optimization of consumption and the induced price elasticity of demand in smart grids (opens in a new tab)

  6. Short run price elasticity of residential electricity demand within income levels and the implications for CO2 policy

    This thesis investigates the relationship between price and use of electricity in residential homes in order to understand the impact of CO2 policy. A model is developed based on household, structural, regional, weather, and appliance variables. Data is collated from the Bureau of Labor Statistics, …

    uiuc Repository record for Short run price elasticity of residential electricity demand within income levels and the implications for CO2 policy (opens in a new tab)

  7. Price Elasticity of Air Travel Demand Using Econometrics and Machine Learning to Scale Up Sustainable Aviation Fuels

    This study seeks to estimate the price elasticity of aviation travel demand. These insights will be used to integrate Sustainable Aviation Fuels (SAF) strategically to aid in decarbonizing the aviation industry. Econometric and machine learning models were applied to historical air travel data to …

    mit Repository record for Price Elasticity of Air Travel Demand Using Econometrics and Machine Learning to Scale Up Sustainable Aviation Fuels (opens in a new tab)

  8. Analysis of the impact of automaker strategies on lithium price elasticity using a novel bottom-up demand model

    … new ore is extracted. As a result, materials prices experience significant volatility such as with lithium, which has seen 6x price swings in the past five years. Informed by semi-structured interviews with major automakers, this research applies technical insights of current and emerging …

    mit Repository record for Analysis of the impact of automaker strategies on lithium price elasticity using a novel bottom-up demand model (opens in a new tab)

  9. Textile and apparel imports from the People's Republic of China: an examination of market share and price elasticity

    … second objective was to investigate the role of price in relation to import market share. The market share of consumption rather than market share of imports was examined in the final objective. Data for these analyses were obtained from the Textile Information Management System database (TIMS), …

    vt Repository record for Textile and apparel imports from the People's Republic of China: an examination of market share and price elasticity (opens in a new tab)

  10. Three essays on demand and cost in the United States domestic airline industry

    … passengers with high valuations of time and low price elasticity, and tourists having low valuations of time and high price elasticity. Attempts to differentiate between these two groups have generally been based on assumptions about the range of fares paid by each group or the classification of …

    uiuc Repository record for Three essays on demand and cost in the United States domestic airline industry (opens in a new tab)

  11. Pricing strategies for continuous replenishment perishable goods

    … and actual costs when available. Revenue and price elasticity models are built from existing formulations. The continuous functions are then discretized through piece-wise approximations and input into a mixed integer program using production and pricing as the decision variables. The results …

    mit Repository record for Pricing strategies for continuous replenishment perishable goods (opens in a new tab)

  12. An Assessment of the Use of Student Price Response Models to Predict Changes in Undergraduate Enrollment at a Metropolitan University

    … must be effectively managed. Increases in the price of tuition and fees can lead to decreased enrollment and negatively impact the revenue of an institution. The increases can also impact the enrollment of certain student populations such as minority students and high school graduates enrolling …

    unt Repository record for An Assessment of the Use of Student Price Response Models to Predict Changes in Undergraduate Enrollment at a Metropolitan University (opens in a new tab)

  13. Essays on medical care using Semiparametric and structural econometrics

    … chapter, all of which advance the study of the price elasticity of expenditure on medical care. In Chapter 1, I estimate the price elasticity of expenditure on medical care across the quantiles of the expenditure distribution. My identification strategy relies on family cost sharing provisions …

    mit Repository record for Essays on medical care using Semiparametric and structural econometrics (opens in a new tab)

  14. Three Essays on the Housing Market

    … on the estimation result, a decomposition of the price change is implemented to shed light on how bidding and sorting contribute to the price change of a house with different job access respectively. Chapter 2 proposes an alternative approach which yields a likelihood-based estimator for implicit …

    syracuse-diss Repository record for Three Essays on the Housing Market (opens in a new tab)

  15. Three Essays On The Housing Market

    … on the estimation result, a decomposition of the price change is implemented to shed light on how bidding and sorting contribute to the price change of a house with different job access respectively. Chapter 2 proposes an alternative approach which yields a likelihood-based estimator for implicit …

    syracuse-diss Repository record for Three Essays On The Housing Market (opens in a new tab)

  16. Optimal pricing for national park entrance fees in Zambia

    … the parks visitation demand functions, the price and income elasticities. Using price elasticity estimates, optimal conservation fees are estimated. The study employs the contingent behaviour approach to elicit park visitors’ behaviour in response to changes in entrance fees. This is done …

    cape-town Repository record for Optimal pricing for national park entrance fees in Zambia (opens in a new tab)

  17. The economics of alcohol : a collection of essays

    … of alcohol demand. Chapter 2 examines the price elasticity of demand for alcohol across the drinking distribution, using household expenditure data to test whether heavy drinkers respond the same as light drinkers to price increases. Both conditional and unconditional quantile regression …

    lancaster Repository record for The economics of alcohol : a collection of essays (opens in a new tab)

  18. Economic incentive for output restrictions in the cobalt market

    … and profitability in a dominant firm price leadership market is presented. The major focus of the economic framework presented is the magnitude of net demand elasticity faced by a producer considering supply restriction. Elasticities of market demand and competitive supply and the …

    vt Repository record for Economic incentive for output restrictions in the cobalt market (opens in a new tab)

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