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Finally, for all decisions about supply chain changes and production planning, it is important to adopt a framework rooted in a probabilistic model of demand.
We specify a nonparametric random utility discrete choice model of demand allowing rich preference heterogeneity, product/market unobservables, and endogenous prices.
A model of demand for private insurance supports the idea that heterogeneity in non-pecuniary preferences and long-term structure of private insurance contracts may be muting cream-skimming in this setting.
Based on Conlisk's (1993) theory on the utility of gambling, an econometric model of demand for sports lottery gambling was constructed.
In this paper, we propose a full model of demand response in which demand flexibility is fully utilized by price responsive shiftable demand bids in energy market as well as spinning reserve bids in reserve market.
Exploiting a novel setting in which the dominant, single-serve technology was protected by a patent preventing private label entry, we develop a structural model of demand and supply-side bargaining and seek to quantify the impact of private labels on bargaining outcomes.
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The book's most original contributions are long excerpts from interviews with 23 former KIPP teachers and two former teachers from other schools based on the "no excuses" model of demanding lessons and strong discipline.
The model of demand-response (equivalently, demand-side bidding day ahead) is based on information from load-serving entities regarding their price-flexible demand.
This model assumes the independent system operator (ISO) helps the generators to understand how to change their bids to improve their net revenue based on a model of demand-response.
In line with Karesek's model of demand-support-control [ 16] this study indicated that burnout within mental health services tended to be associated with high work demands in combination with poor support systems and lack of professional autonomy [ 14].
Application of economic models of demand, pricing, costs, and supply to airline markets and networks.
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CEO of Professional Science Editing for Scientists @ prosciediting.com