A linear demand curve is a line representing the relationship between the demand for a product or service and its price. Everyone knows that sales are proportional to price: The more you charge for an ...

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 ...

Abstract: 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 ...

This project is a multi-agent simulation of supply and demand using the JADE (Java Agent DEvelopment) framework. It models the interactions between a producer and multiple consumers, each with ...