Search results for "demand"
showing 10 items of 759 documents
A Game Theory Approach and Tariff Strategy for Demand Side Management
2018
Demand side management in smart grid environment with smart meters, renewable energy sources, different kind of consumers etc. is a complex problem. To optimize the problem game theory methodology is used. Game theory approach provide win-win situation between consumers and utilities. Objective of the paper is to find the Nash equilibrium between consumer and utility when utility is supplied through green energy sources. Mathematical modeling of consumption and utilization derived a Nash equilibrium point where consumer and utility both get maximum payoffs. Results shows that energy consumption cost is reduce by applying game theory approach.
Global Demand for Paper Products: 2006–2050
2012
Our aim is to formulate and present global demand forecasts for several paper products for the main regions of the world for the period 2005-2050. Our forecasts, while based on standard regression modeling, differ from existing ones in that they are based not only on historical observed consumption patterns and projections of economic growth, but also take into account changes in the demographic constitution of countries and regions, and incorporate the assumption that beyond certain level economic prosperity (here in terms of GDP per capita) does not translate into increased demand for paper products. Our key results are threefold. First, the demand for paperboard and hygiene products will…
Demographic change, tourism expenditure and life cycle behavior
2015
Abstract The paper explores how demographic changes in human populations may impact on tourism decision-making of households over their life cycle. By means of hurdle models, the study focuses respectively on the decision to travel domestically or abroad and investigates if statistically significant differences exist as to the impact of age and cohort on the decision to travel and tourism expenditure. Using a vast dataset on Italian Household Expenditures over the period 1997–2007 the empirical results show that demographic aspects do have a strong effect on the tourism behaviour of families and that cohort and age effects act differently on the decision of households to make a trip and on …
Money in an Estimated Business Cycle Model of the Euro Area
2006
We present maximum likelihood estimates of a small scale dynamic general equilibrium model for the Eurozone. We pay special attention to the role of money, both through its direct effect upon private agents’ decisions and as a component of the monetary policy rule. Our results can be summarized as follows. First, we find no direct effect of money upon inflation and output but money growth plays a significant role in the interest rate rule. Second, money demand shocks mainly help to forecast real balances while real shocks explain the bulk of price, output and interest rates fluctuations. Third, the estimated model predicts sensible conditional correlations among those variables both to dema…
Is participation in the tourism market an opportunity for everyone? Some evidence from Italy
2016
This paper investigates whether there are differences in tourism consumption behaviour among families by analysing the main determinants of tourism participation at national and international levels. In particular, it explores whether tourism is becoming part of the lifestyle of Italians or whether it is still a luxury good only for the privileged. A Heckman model was used on micro-data on Italian family expenditure over the period 1997–2007, and an income elasticity analysis for different personal and household characteristics was carried out. The results show that participation in the tourism market is strongly affected by the personal characteristics of individuals and that tourism cons…
On Behavioral Heterogeneity
2006
An index of “behavioral heterogeneity” for every finite population of households is defined. It is shown that the higher the index of behavioral heterogeneity the less sensitive depends the aggregate consumption expenditure ratio upon prices. As a consequence, a high index implies a tendency for the Jacobian of aggregate demand to have a dominant negative diagonal.
Streaming: ventajas, desafíos y oportunidades de las radiotelevisiones para captar audiencias
2021
La investigación muestra el crecimiento del consumo de streaming en los últimos años y refleja su incremento exponencial a raíz de la pandemia por la Covid 19 en 2020. La base científica cita a los autores más relevantes en esta temática y está avalada por los estudios e informes de organismos oficiales y privados de relevancia internacional. Se estudia el origen del streaming, su evolución y futuro con la ayuda de las nuevas herramientas tecnológicas, como las appsque permiten a los periodistas y al público poder entrar en directo en un informativo. Ello suponenuevas oportunidades de negocio para las radiotelevisiones generalistas creadoras de contenido en España. La investigación muestra …
Perceived-Value-driven Optimization of Energy Consumption in Smart Homes
2020
Residential energy consumption has been rising rapidly during the last few decades. Several research efforts have been made to reduce residential energy consumption, including demand response and smart residential environments. However, recent research has shown that these approaches may actually cause an increase in the overall consumption, due to the complex psychological processes that occur when human users interact with these energy management systems. In this article, using an interdisciplinary approach, we introduce a perceived-value driven framework for energy management in smart residential environments that considers how users perceive values of different appliances and how the us…
A Hierarchical Model for Analysing Consumption Patterns in Italy Before and During the Great Recession
2016
The paper aims to explore how the Great Recession of the twenty-first century has impacted on the consumption behaviour of Italian households. Following a hierarchical approach, the study investigates differences in consumption behaviour at both household and regional levels. Using micro data on Italian Household Expenditure for the years 2002, 2006, 2010 and 2012, multilevel and two-step regression models have been estimated. The analysis has been performed for four different consumption categories: food, housing, work-related and leisure. The analysis reveals that the economic crisis led to increasing income elasticity for each category of consumption, especially for food, the most essent…
Demand and Supply Model for the Natural Gas Supply Chain in Colombia
2018
Natural gas is considered the transitional fuel for excellence between fossil and renewable sources, considering its low cost, greater efficiency and lesser effects on the environment. This has led to increased demand levels worldwide, requiring the intervention of public and private actors to meet such demand. In this research, we study the natural gas supply chain in Colombia using system dynamics modelling. The results allow to contrast both the behaviour of the production and transport levels and the behaviour of the demand from the consumption sectors, allowing to identify capacity levels to be developed considering implementation times and percentages of coverage in the supply.