In field experiments with subjects living either inside or outside Brazilian slums (n=955), we show that consumers living in slums are less price sensitive, in opposition with recent price sensitivity research. Comparing ...

Traditional economic theory suggests that poor consumers are consistently more price sensitive than their wealthier counterparts. Recent research, however, indicates that various economic-related burdens, such as the cost ...

The empirical literature on residential water demand employs various data aggregation methods, which depend on whether the aggregation is over consumption, sociodemographic variables, or both. In this study, we distinguish ...

© 2017 Elsevier B.V.Commodity producing corporations have trillions of dollars in outstanding debt. Thus, the recent fall in commodity prices raised concerns about sustainability and systemic risks. Using a global sample ...

This paper presents a probabilistic approach for the short-term operation of a distribution company (DisCo) considering voltage-sensitive loads. The DisCo's operational decisions are optimized in a day-ahead operation ...

This paper presents a probabilistic approach for the short-term operation of a distribution company (DisCo) considering voltage-sensitive loads. The DisCo's operational decisions are optimized in a day-ahead operation ...

The objective of this article is to estimate the own-price, cross-price and income elasticities of demand for SSB in Ecuador, as an indispensable step for predicting a reduction in the consumption of said beverages caused ...

We study the competitive structure of a market in which firms compete to provide various products within a bundle. Firms adopt price functions proportional to their per-unit costs by selecting markups. We consider two ...