When you start a small business, you quickly learn that you survive by meeting customer demand. The patterns in that demand can seem mysterious at first, but if you familiarize yourself with the ideas ...

This is a preview. Log in through your library . Abstract This paper deals with a class of models of the demand for money that includes the Baumol-Tobin and other inventory-theoretic models as special ...

Marketing is more of a science than its more creative counterparts – advertising, public relations and promotions – but, despite its emphasis on research and number-crunching, marketing still relies ...

Housing demand shocks in standard macroeconomic models are a primary source of house price fluctuations, but those models have difficulties in generating the observed large volatility of house prices ...

We consider a theoretical model of a consumer who faces a price that varies with the number of units bought, and who faces random future changes in his demand for the good. an example is cumulative ...