1998: Kara M. Kockelman, "A Utility-Theory-Consistent System-of-Demand-Equations Approach to Household Travel Choice, University of Californiaa, Berkeley, CA, USA, advisor Prof. Mark Hansen.
By relying on a complete system of demand, we are able to estimate elasticities that take behavioral responses into account.
Cindy Lobel, who teaches history at Lehman College of the City University of New York, traces the evolution of the public markets that served a seaport city in 1800 into a radically different system of demand and supply.
Using microdata from the 2007 to 2009 rounds of the U.S. Consumer Expenditure Survey, we estimate a complete system of demand augmented with information on gasoline excise taxes.
Let us provide a practical example of the identification problem: the estimation of a system of demand and supply equations (Koopmans 1949).
Humphrey et al. (1996) estimated a system of demand equations for five payment instruments (check, electronic or paper giro, credit card, and debit card) for 14 countries between 1987 and 1993 and found that although all payment instruments except debit cards substitute for cash.
As with many of the so-called welfare reforms pushed through over the last seven years, there is a sense of a system full of demands and delays that amount to an impossible set of trap-doors, which sends out the message that needing benefits to live is something that's not just undesirable, but pretty much impossible.
"Under the circumstances where we face the execution of a man," he wrote, "I believe that our system of justice demands no less".
3 The implications of the Attorney General's program and statements must be repudiated before this Board can be considered the kind of free and impartial tribunal which our system of justice demands.
Our system of justice demands no less.
