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Last updated on April 16, 2014 at 6:35 EDT

Latest Price elasticity of demand Stories

2012-07-02 10:21:29

JOHNSTON, Iowa, July 2, 2012 /PRNewswire/ -- A new study conducted by researchers at North Carolina State University and the University of Illinois at Chicago found a statistical correlation showing that as prices increase, farmers make changes that result in higher per acre yields. Farmers also react to lower prices. The study's findings support the use of yield-price elasticity in indirect land use models, but found that commonly used models currently use factors at the low end of...

2010-12-15 08:00:00

CHICAGO, Dec. 15, 2010 /PRNewswire/ -- Two new public opinion surveys released today by Do Well Do Good, LLC indicate that consumers demand that companies should engage in cause-marketing and corporate social responsibility programs. Over 88% of consumers think companies should try to achieve their business goals while improving society and then environment and 83% of consumers think companies should support charities and nonprofits with financial donations. More than just general...

2008-09-12 03:00:17

By Schroeter, Christiane Lusk, Jayson L With this study, we investigate the effects of changes in economic factors on body weight by constructing a utility theoretic model. The model is empirically estimated by combining data on individuals' body weight, demographic and physical activity information, and state-level measures pertaining to the prices of food away from home, food at home, and wages. By combining these data sources, we aim to estimate directly the weight effects of price and...

2008-08-18 21:00:22

By Jane Wardell LONDON - As a global recession looms, what better way to cope than to eat, drink and be merry? Even as consumers face soaring energy costs, rising food prices and higher mortgages or rent, it seems clear they're not prepared to forgo many of life's little treats - alcohol, cigarette and candy makers are all reporting healthy sales amid the gloom. "I would never give it up, not unless I was dying of alcohol poisoning or something," said Kelly Piggeln, a 62-year-old retired...

2008-08-14 00:00:32

By Jane Wardell LONDON - As a global recession looms, what better way to cope than to eat, drink and be merry? Even as consumers face soaring energy costs, rising food prices and higher mortgages or rent, it seems clear they're not prepared to forgo many of life's little treats - alcohol, cigarette and candy makers are all reporting healthy sales amid the gloom. "I would never give it up, not unless I was dying of alcohol poisoning or something," said Kelly Piggeln, a 62-year-old retired...

2008-07-21 06:00:32

By Matt Mckinney, Star Tribune, Minneapolis Jul. 21--This newspaper published its first issue in 1867, a year in which a potato bug ate its way across the state, decimating a staple food crop. Supplies dropped. Prices rose. A front-page story warned: "The all absorbing question will soon be, have we a potato among us?" Fears of a food shortage never have left us. It was front-page news then; it's front-page news now, with stories spilling out of some of the poorest corners of the world of...

2008-07-20 21:00:21

By Matt Mckinney, Star Tribune, Minneapolis Jul. 20--This newspaper published its first issue in 1867, a year in which a potato bug ate its way across the state, decimating a staple food crop. Supplies dropped. Prices rose. A front-page story warned: "The all absorbing question will soon be, have we a potato among us?" Fears of a food shortage never have left us. It was front-page news then; it's front-page news now, with stories spilling out of some of the poorest corners of the world of...