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Books on the topic 'Demand model; Price discrimination'

Author: Grafiati

Published: 4 June 2021

Last updated: 12 February 2022

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1

Wolak, Frank A. A model of homogenous input demand under price undertainty. [Urbana, Ill.]: College of Commerce and Business Administration, University of Illinois at Urbana-Champaign, 1988.

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2

Farm, Ante. A model of the price mechanism. Stockholm: Stockholm Universitet, 1986.

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3

McCallum, Bennett T. A semi-classical model of price level adjustment. Cambridge, Mass: National Bureau of Economic Research, 1994.

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4

Seeley, Ralph M. Price elasticities from the IIASA world agricultural model. [Washington, D.C.?]: U.S. Dept. of Agriculture, Economic Research Service, International Economics Division, 1985.

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5

Seeley, Ralph M. Price elasticities from the IIASA world agricultural model. [Washington, D.C.?]: U.S. Dept. of Agriculture, Economic Research Service, International Economics Division, 1985.

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6

Seeley, Ralph M. Price elasticities from the IIASA world agricultural model. [Washington, D.C.?]: U.S. Dept. of Agriculture, Economic Research Service, International Economics Division, 1985.

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7

Hirschberg, Joseph G. A model of relative price elasticities from the second moments of demand. Guildford: Surrey Energy Economics Centre, 1994.

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8

Graddy, Kathryn Jo. A dynamic model of price discrimination and inventory management at the Fulton fish market. Cambridge, MA: National Bureau of Economic Research, 2009.

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9

School desegregation in the twenty-first century: The focus must change. Lewiston, N.Y: E. Mellen Press, 1997.

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10

United States. Dept. of Agriculture. Economic Research Service, ed. Forecasting consumer price indexes for food: A demand model approach. Washington, D.C: U.S. Dept. of Agriculture, Economic Research Service, 2000.

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11

Abu Bakar, Nor'Aznin. Currency crisis in four Asian countries: The insolvency model approach. UUM Press, 2017. http://dx.doi.org/10.32890/9789672064039.

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The book deals with the 1997 Asian currency crisis and analyses the causes and consequences of the crisis.The two hypotheses, fundamental and panic/herd behavior hypotheses, which are often viewed as competing, are also examined. The first hypothesis states that fundamental imbalances triggered the Asian currency and financial crisis in 1997.The crisis occurred because the economies had deteriorating current accounts, a slow down in growth rates and short-term debt approaching a dangerous level; while the second hypothesis states that sudden shifts in market expectations and confidence were the cause of the initial financial turmoil.When the crisis erupted, it caused panic among domestic and foreign investors. The main focus of this book is to evaluate these two approaches and to examine whether there was evidence of insolvency prior to the crisis in four Asian countries namely Malaysia, Indonesia, Thailand and the Philippines. A solvency index, originally popularized by Cohen, is calculated for each country.An analysis of the trade sector is undertaken in which the dynamic OLS is employed. Subsequently, the price elasticities obtained from the export demand model together with the GDP supply elasticity are used to calculate the index. From the analysis, it appears that all countries were solvent prior to the crisis where the percentage of actual debt service paid (in 1997) was greater than the percentage that must be paid to be solvent. This suggests that further external credit could have solved the problem, as it was a matter of short-term liquidity difficulties and panic, rather than insolvency.

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12

Surdam, David George. Economics of Sports Leagues. University of Illinois Press, 2017. http://dx.doi.org/10.5406/illinois/9780252037139.003.0002.

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This chapter is a general overview of the economic aspects of professional team sports leagues as well as the American economy. The NBA's turbulent birth as the BAA demonstrated that professional sports team owners' twin advantages of price-setting power over ticket prices and enhanced bargaining power over players were not sufficient conditions to ensure profitability. Price-setting power without sufficient demand could still lead to losses. The challenge was to increase demand, which would have led to higher ticket prices, more attendance, and greater revenues and profits. Greater profits would have enabled owners to pay higher salaries and to improve conditions, helping to erase any fly-by-night image. Thus the chapter looks at the issues surrounding profits, player salaries, technology, expansions, discrimination, and so on; as well as how the American economy performed during the years 1945–61 and how it affected attendance and demand for professional team sports leagues.

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13

Prassl, Jeremias. Levelling the Playing Field. Oxford University Press, 2018. http://dx.doi.org/10.1093/oso/9780198797012.003.0007.

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This chapter considers the implications of the on-demand economy for consumers and markets. It shows how, for both consumers and workers, the on-demand bargain can unravel rather quickly: users potentially end up paying a much higher price and receive worse-quality services than promised. In addition, the gig-economy business model can lead to significant tax losses, as taxpayers are left to make up the shortfall and subsidize the industry in myriad ways. When these problems for consumers, workers, and taxpayers are added to the questionable economics behind many platforms’ business models, as discussed in the first chapter, it is not difficult to see why some suggest that the platforms should be banned. This chapter, however, argues against such drastic moves: we would destroy all benefits and innovation, and leave at least some consumers and workers worse off. Employment law is key to creating a level playing field for competition, which fosters innovation.

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14

Maskaeva, Asiya, and Mgeni Msafiri. Youth unemployment hysteresis in South Africa: Macro-micro analysis. 20th ed. UNU-WIDER, 2021. http://dx.doi.org/10.35188/unu-wider/2021/954-9.

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This study simulates the macro-micro economic impacts of the employment policy, focusing on hysteresis in youth unemployment in South Africa. Specifically, we apply a dynamic computable general equilibrium model to calibrate the 2015 South African Social Accounting Matrix to estimate, compare, and determine the impact of employment policy on youth unemployment as well as on aggregate economic outcomes. We simulate two scenarios where we reduce the import price of fuel by 20 per cent. Then, the total government savings from the reduced transport subsidy are reallocated to the education sector to support the unemployed youth. The research findings indicate that demand for youth labour increases in the long run, resulting in a decline in the unemployment rate. Moreover, the consumer price index decreased more than nominal income, thereby increasing household purchasing power and, potentially, easing poverty.

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15

Homburg, Stefan. Methods. Oxford University Press, 2017. http://dx.doi.org/10.1093/oso/9780198807537.003.0008.

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Chapter 8 concludes the text with methodical remarks. It defends key assumptions made in the main text and compares them, to the extent they deviate, with more conventional premises. The chapter starts with a comparison of adaptive versus rational expectations. Thereafter, it contrasts infinite planning horizons, finite planning horizons, and overlapping generations models. The third section, which is devoted to modeling money, discusses money-in-the-utility, the transaction costs approach, and more recent theories that derive money demand from a microeconomic framework. The forth section shows that assuming a highly elastic labor supply is empirically unconvincing, whereas a constant labor supply simplifies the model greatly and appears as a reasonable approximation. The final section contrasts behavioral and choice theoretic approaches to price setting.

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16

Bohlmann, Heinrich, and Rod Crompton. The impact on the South African economy of alternative regulatory arrangements in the petroleum sector. UNU-WIDER, 2020. http://dx.doi.org/10.35188/unu-wider/2020/910-5.

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This paper adds quantitative analysis to the study by Crompton et al. (2020), in which various alternative regulatory arrangements regarding the petrol price in South Africa were explored. We use a multi-sector dynamic computable general equilibrium model for South Africa to conduct our economic impact analysis. Five scenarios are modelled, first individually to correctly calibrate the shocks, and then cumulatively to find the overall economy-wide effects of the proposed reforms. Under the most comprehensive set of reforms to the determination of petrol prices, which seeks to emulate market forces, the South African economy is seeing substantial benefits. GDP is expected to rise by 0.67 per cent and real wages by over 1.1 per cent relative to the baseline. Refineries are assumed to shrug off reforms targeted at removing pure profits earned via the import parity price (Basic Fuel Price) methodology by accepting a slightly lower rate of return, enabling them to meet the expected increase in demand for petrol on the back of the lower consumer prices achieved via the reforms. Whilst job losses at fuel service stations may be expected as a result of reduced revenues and margins, increased activity and job opportunities in the rest of the economy, facilitated through cheaper trade and transport margins, will more than offset those losses.

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17

Richardson, Martin. Journals. Oxford University Press, 2017. http://dx.doi.org/10.1093/acprof:oso/9780199574797.003.0015.

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Oxford University Press, although it had for many years published a select collection of scholarly journals, did not seriously enter the journals market until the 1980s, for intense competition, unfamiliar editorial and production practices, and complicated distribution methods had impeded growth. From the 1960s developments in scientific research and reporting led to an expanded journals market in the sciences; by publishing journals OUP could fulfil the requirement of the Waldock Report to increase its science publication. Journal publication also offered a different business model with positive cash flow and opportunities to develop ties with academic faculties and learned societies. By 2004 the journals market was the fastest growing sector of the publishing industry, benefiting from internet distribution, price increases, and the increasing demand that academics publish regularly. The chapter considers the growth of the OUP journals list, the profitability of its titles, and the range of academic subjects covered.

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