Learn how utility functions derive demand functions and their role in maximizing consumer satisfaction and economic decision making.

The price reaction to a single transaction depends on transaction volume, the identity of the stock, and possibly many other factors. Here we show that, by taking into account the differences in ...

Demand is what the consumer can and is willing to buy at a given price over a given time period. Analyzing demand is a complicated process that takes into account many variables. Economists and ...

The methods presented in this paper provide an improved technique for fitting a continuous function to discontinuous step functions so often evolving from empirical studies such as estimation of ...