A linear demand curve is a line representing the relationship between the demand for a product or service and its price. Everyone knows that sales are proportional to price: The more you charge for an ...

Abstract: The problem of cross-subsidy in my country's electricity prices is particularly prominent and needs to be solved urgently in terms of fairness and economic efficiency. Reasonable tiered ...

This article presents a Monte Carlo evaluation of some alternative estimators for a demand model when the budget constraint is piecewise-linear and the budget set is convex. We examine the performance ...

1 Center for Informatics and Statistics, Ministry of Agriculture and Rural Development, Hanoi, Vietnam. 2 School of Economics, the University of Queensland, Brisbane, Australia. 3 School of Economics, ...