Diasakos TM (2021) Preference Conditions for Linear Demand Functions. Working Paper Series. Abstract The present study takes consumer preferences as the primitive and a most general formulation of a ...

Reasonable tiered electricity prices can improve the current situation of cross-subsidy by increasing block electricity prices, while also improving the efficiency of electricity utilization and ...

The Linear Demand Function A linear demand function is an algebraic formula for calculating demand curves without having to draw a demand function graph.

Strictly speaking, a linear MRP curve from a quadratic production function cannot reflect characteristics of the well-behaved production functions. Using the parameters of well-known production ...

About A multi-agent simulation built with JADE to model supply and demand interactions between a producer and multiple consumers, using linear demand functions and agent-based communication.

Linear functions are fundamental building blocks in mathematics and play a key role in solving real-world problems where the rate of change remains constant. Linear functions arise in a wide range of ...

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.

Among the numerous familiar sets of specific assumptions sufficient to derive mean-variance portfolio behavior from more general expected utility maximization in continuous time, the assumptions of ...

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 electricity ...

Non-linear Demand Function: More complex functions can capture more nuanced relationships. For example, a quadratic demand function might look like: [ Q_d = a – bP + cP^2 ] ...