By Jeffrey A. Dubin (auth.)
Empirical stories In utilized Economics offers 9 formerly unpublished analyses in monograph shape. during this paintings, the subjects are provided in order that every one bankruptcy stands by itself. The emphasis is at the functions yet consciousness is usually given to the econometric and statistical concerns for complicated readers. Econometric tools comprise multivariate regression research, constrained based variable research, and different greatest probability suggestions. The empirical themes comprise the dimension of festival and industry energy in ordinary gasoline transportation markets and within the pharmaceutical marketplace for chemotherapy medications. extra issues contain an empirical research of NFL soccer call for, the accuracy of an econometric version for mail call for, and the allocation of police providers in rural Alaska. different chapters reflect on the valuation of know-how patents and the decision of patent scope, length, and moderate royalty, and the response of monetary markets to overall healthiness scares within the fast-food undefined. ultimately, chapters are dedicated to the speculation and trying out of synergistic health and wellbeing results from the mixed publicity to asbestos and cigarette smoking.
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Additional resources for Empirical Studies in Applied Economics
1, Entergy owns nine power plants that are connected to Koch Gateway. All are physically connected to alternative pipelines and all but two have at least one additional pipeline close by. To the extent that it supplies gas transportation to these power plants, Koch Gateway discounts its transactions with Entergy aggressively to remain competitive. Southern has three plants that are currently connected to Koch Gateway. None are connected to alternative pipelines and only one has nearby unconnected alternatives.
S2 ~ § t""" V:> Q ~ S;;; ...... 0\ 37 The Demandfor NFL Football weather. Andrew Zimbalist, as quoted in Swift (2000), supports the notion that the buzz contributes to fans' and teams' overall experience at a sporting event. " DeSerpa's assumptions seem reasonable for football, but are not as applicable to the restaurant setting considered by Becker. 2. Here I assume that demand is downward sloping for low levels of demand, and is possibly elastic. For low levels of demand, declines in price cause increased demand, but the social interaction effects are not strong enough to overcome the decrease in demand price.
58 Thus as potential competitors to Koch Gateway became more distant at either the receipt point or the delivery point, Koch Gateway will be more likely to discount, all other factors equal. Conversely, as competitors' distance to Koch Gateway receipt and delivery SLNs decreased, Koch Gateway was more likely to discount. 5 Shippers on Koch Gateway's system have their own market power. Potentially, the market power of shippers will affect Koch Gateway's discounting decisions. For instance, if Koch Gateway faces the same shipper in multiple transactions on its system, then the pricing decision it makes at one point in time with respect to a shipper could influence the shipper's decisions at other points on Koch Gateway's system or at other times.