Bayesian Analysis of Demand Under Block Rate Pricing
tarafından
 
Miyawaki, Koji. author.

Başlık
Bayesian Analysis of Demand Under Block Rate Pricing

Yazar
Miyawaki, Koji. author.

ISBN
9789811518577

Yazar
Miyawaki, Koji. author.

Edisyon
1st ed. 2019.

Fiziksel Niteleme
IX, 112 p. 33 illus., 11 illus. in color. online resource.

Seri
JSS Research Series in Statistics,

İçindekiler
1. Introduction -- 2. Demand under Increasing Block Rate Pricing -- 3. Demand under Decreasing Block Rate Pricing -- 4. Extensions to Panel Data -- 5. Extensions to Areal Data -- 6. Block Normal Simulator.

Özet
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.

Konu Başlığı
Statistics .
 
Financial engineering.
 
Economic policy.
 
Statistics for Business, Management, Economics, Finance, Insurance. https://scigraph.springernature.com/ontologies/product-market-codes/S17010
 
Statistical Theory and Methods. https://scigraph.springernature.com/ontologies/product-market-codes/S11001
 
Bayesian Inference. https://scigraph.springernature.com/ontologies/product-market-codes/S18000
 
Financial Engineering. https://scigraph.springernature.com/ontologies/product-market-codes/612020
 
R & D/Technology Policy. https://scigraph.springernature.com/ontologies/product-market-codes/W43000

Ek Kurum Yazar
SpringerLink (Online service)

Elektronik Erişim
https://doi.org/10.1007/978-981-15-1857-7


Materyal TürüBarkodYer NumarasıDurumu/İade Tarihi
Electronic Book427856-1001QA276 -280Springer E-Book Collection