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

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 ...

The Indian Economic Review is a refereed biannual journal published by the Department of Economics, Delhi School of Economics, University of Delhi, since 1952. The present series begins from 1966.

To set prices that produce sales, small business owners need to understand the demand curves and inverse demand curves for their products and services. Knowing how each curve works will help owners ...