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Bayesian Analysis of Demand Under Block Rate Pricing - KOJI MIYAWAKI

Bayesian Analysis of Demand Under Block Rate Pricing

Titre de l'éditeur : Bayesian Analysis of Demand Under Block Rate Pricing

KOJI MIYAWAKI

 
77,56 $
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EN SAVOIR PLUS Résumé

This book focuses on the structural analysis of demand under block rate pricing, a type of nonlinear pricing used mainly in public utility services. In this price system, consumers are presented with several unit prices, which makes a naive analysis biased. However, the response to the price schedule is often of interest in economics and plays an important role in policymaking. To address this issue, the book adopts a structural approach, referred to as the discrete/continuous choice approach in the literature, to develop corresponding statistical models for analysis.

The resulting models are extensions of the Tobit model, a well-known statistical model in econometrics, and their hierarchical structure fits well in Bayesian methodology. Thus, the book takes the Bayesian approach and develops the Markov chain Monte Carlo method to conduct statistical inferences. The methodology derived is then applied to real-world datasets, microdata collected in Tokyo and the neighboring Chiba Prefecture, as a useful empirical analysis for prediction as well as policymaking.


Détails
Prix : 77,56 $
Catégorie :
Auteur :  KOJI MIYAWAKI
Titre : Bayesian Analysis of Demand Under Block Rate Pricing
Date de parution : décembre 2019
Éditeur : LIVRES NUMÉRIQUES DIVERS
Sujet : NUL DIVERS
ISBN : 9789811518577 (9811518572)
Référence Renaud-Bray : 3058010
No de produit : 3058010
Droits numériques
Format : EPUB
Disponibilité : Canada, consultez la liste des pays autorisés.
Gestion des droits numériques : Adobe DRM
Entrepôt numérique : NUMILOG
Nombre d'appareils autorisés : 3
Nombre de copier/coller : 0
Impression : 0

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Bayesian Analysis of Demand Under Block Rate Pricing , MIYAWAKI , KOJI
© LIVRES NUMÉRIQUES DIVERS 2019