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Microeconomic Building Blocks

Brett M. Frischmann

in Infrastructure: The Social Value of Shared Resources

Published in print:
2012
Published Online:
May 2012
ISBN:
9780199895656
eISBN:
9780199933280
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199895656.003.0004
Subject:
Law, Environmental and Energy Law

This chapter provides a detailed discussion of microeconomic concepts that serve as building blocks for the demand-side analysis developed in Part II and applied in Parts III and IV. The concepts are ... More


Using the CE to Model Household Demand

Laura Blow, Valérie Lechene, and Peter Levell

in Improving the Measurement of Consumer Expenditures

Published in print:
2015
Published Online:
January 2016
ISBN:
9780226126654
eISBN:
9780226194714
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226194714.003.0006
Subject:
Economics and Finance, Microeconomics

Using data from the US Consumer Expenditure Survey (CE) from 1998 to 2010, we estimate a demand system for non durable goods, under different assumptions regarding the behavior of households. Thanks ... More


Decisions and Information

Miklos Sarvary

in Gurus and Oracles: The Marketing of Information

Published in print:
2011
Published Online:
August 2013
ISBN:
9780262016940
eISBN:
9780262301176
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262016940.003.0003
Subject:
Business and Management, Knowledge Management

This chapter describes how people use information in making decisions, which could be considered as an analysis of consumer behavior which constitutes the basis of all demand analysis. It explains ... More


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