Estimation of Residential Water Demand with Imperfect Price Perception

Privately-operated Water Utilities, Municipal Price Negotiation, and Estimation of Residential Water Demand : the Case of France

This paper addresses the issue of price negotiation between a municipality and a private water utility operator, and its implications for residential water demand estimation. Because negotiated price may depend on municipality’s specific characteristics, competing forms of price endogeneity have to be considered when using panel data. The impact of variables such as average income, housing and ...

Integrated production-Inventory model with price-dependent demand, imperfect quality, and investment in quality and inspection

In practice, manufacturing systems are never perfect and may have low quality outputs. Therefore, different decisions such as reprocessing, sale at lower prices or diminishing are made according to industry and market. This paper investigates the importance of supply chain coordination through developing two models in centralized decision-making for an imperfect quality manufacturing system wit...

An Analysis of the Effect of Price on Residential Water Demand: Metropolitan Miami, Florida*

INTRODUCTION During 1970, the amount of ground water pumped in the southern and southeastern sections The economic development of any area is tied of Florida (which includes Broward, Dade and to its natural resource base. Water, one of the most Palm Beach counties) for municipal water use was important of these natural resources, is used for a 121 billion gallons. multitude of purposes includin...

Household Water Demand Estimation

Water demand under alternative price structures

We estimate the price elasticity of water demand with household-level data, structurally modeling the piecewise-linear budget constraints imposed by increasing block pricing. We develop a mathematical expression for the unconditional price elasticity of demand under increasing block prices and compare conditional and unconditional elasticities analytically and empirically. We test the hypothesi...