The recent push for a federal energy policy that could substantially change electricity prices in the U.S. highlights the need to obtain accurate residential electricity demand estimates. Many electricity demand estimates have been obtained based on the assumption that consumers optimize with respect to known marginal prices, but increasing empirical evidence suggests that consumers are more li...

Abstract Nowadays, fishery and aquaculture products form an important fraction of the protein requirement and food of many people on the earth. The hike in prices of these essential products seems necessary owing to the increase in demand and consumption of these products in the country. The price transmission from the international market to the domestic market of tunas was  investigated in t...

Hotel demand in large urban markets does respond to changes in income, but that demand is relatively inelastic, according to an analysis of 22 top metropolitan areas in the United States. The analysis, made possible through Smith Travel Research, examined room-night demand for 480 individual hotels from 1989 through 2000 and compared that demand to a set of economic measures, including gross do...

This paper analyses price elasticities in the Austrian market for mobile telecommunications services using data on firm specific tariffs in the period between January 1998 and March 2002. Dynamic panel data regressions are used to estimate short-run and long-run demand elasticities for business customers and for private consumers with both postpaid contracts and prepaid cards. We find that busi...

Cloud computing has spurred the exploration and exploitation of elastic access to large scales of computing. To date the predominate building blocks by which elasticity has been exploited are applications and operating systems that are built around traditional computing infrastructure and programming models that are in-elastic or at best coarsely elastic. What would happen if application themse...

Abstract Household equivalent scale is an index to measure the impact of household demographic characteristics, such as the householder’s age and gender, the number of household members, etc., and plays a significant role in measuring poverty and inequality. By taking into account demographic characteristics differences, this index facilitates the reasonable comparison of households’ welfare,...

In the database area, elasticity of cloud computing has required data systems to increase and decrease their resources on demand. However, traditional benchmark tools for data systems are not sufficient to analyze some specificities of these systems in a cloud. New metrics for elasticity are needed to provide an indicator both from consumer and provider perspective. In this work we present a se...

We estimate the slope of the Marshallian demand curve for newly auctioned FHLB discount notes and investigate the impacts of arbitrage risk and heterogeneity of beliefs on demand elasticity. Our dataset contains roughly 2,900 observations of two price-quantity pairs—the first from a pre-auction dealer survey, the second from actual auction results. Using this unique dataset, we find that demand...

While budgets for agri-environmental policy in OECD countries are rapidly increasing with current policy reforms, information about the locally varying demands for policies implemented at various levels of government remains scarce. In this study, a median voter framework is used to analyse the demand for landscape management services based on the expenditures of sub-federal governments for two...