Sentence examples for marginal valuation of from inspiring English sources

Given a competitive equilibrium in complete asset markets, we propose a method that aggregates heterogeneous individual beliefs into a single "market probability," which, if commonly shared by investors, generates the same marginal valuation of assets by the market as well as by each individual investor.

When this exchange is scaled up to a "market", a market price will be established equal to the consumers' marginal valuation of this good.

Hospitals can generate more profits from the extra service revenue by offering higher quality services when patients' marginal valuation of quality increases with price.

The time-series effect of profitability on quality supports the theory that hospitals are rational in their choice of service quality when they can earn additional profits when patients' marginal valuation of quality increases with price [ 19, 21].

The restricted regression model is thus: (3) Y = α + ∑ i − 1 11 β i X i A − X i B Regressing the respondents' choices on the strategies produced a set of coefficients for the strategies which will lead to the estimation of the β i, which will assess the marginal valuation of each of the eleven strategies.

Assuming that no producer or consumer is sufficiently large to influence price and that the government does not intervene, price would be the point where the domestic supply and demand curves intersect, or where the marginal valuation of benefit by consumers equals the marginal cost of production.

Customers are heterogeneous in their marginal valuations of the product quality level and make their purchase decisions to maximize a utility function of price and quality.

Segmentation of the price attribute by demographic sectors reveals that those in the higher income bracket, higher education sector, middle age group, and who are male, had a higher marginal valuation on price.

In both VCG and PSP auctions (e.g., [25,26]), issues of truthfulness in the disclosed bids are considered, i.e., reflecting actual demand response (by marginal valuation).

Note that the marginal cost of capital for using capital as a funding source for variation margin is nil, because when one posts cash against variation margin, the valuation of the collateralized hedge is reset to zero and the total capital amount does not change.

It follows that an implicit price exists for each of the characteristics and that an implicit marginal WTP (which represents an individual's valuation of the incremental unit of the environmental resource) can be identified statistically.