Demand is frequently found to react differently price increases than decreases. This finding usually attributed psychological phenomena such as loss aversion or the different pace with which changes become known potential buyers leading a kinked demand curve. kink often invoked in explaining why prices are sticky, especially downward direction. We analyse presence of and causes for asymmetric e...

We introduce a measure of elasticity of stochastic demand, called the elasticity of the lost-sales rate, which offers a unifying perspective on the well-known newsvendor with pricing problem. This new concept provides a framework to characterize structural results for coordinated and uncoordinated pricing and inventory strategies. Concavity and submodularity of the profit function, as well as s...

" …the price of electricity was found to be a significant determinant of electricity demand in most cases with the expected inverse relationship (higher prices mean less consumption).The results provided no evidence that the responsiveness of Ontario industrial demand to the price of electricity during time periods when demand is the strongest has strengthened since market opening except, perha...

this paper provides a critical review of the demand for money estimation. in doing so, first we explain the main effective factors on the demand for money on the light of monetarists, which those are: transaction demand for money and opportunity cost of holding money. then i have done a short report about the existing studies on the demand for money in the iranian economy and have a special att...

in this paper, productivity of and demand for water throughout eqlid’s sugar beet growers in 1385 were investigated. to address the objective 100 growers were selected using two-stage cluster sampling, then required dataset was obtained by interviewing and completing questionnaire. in order to study factors affecting sugar beet production, cobb-douglas production function was applied. based on ...