Essays about: "pricing elasticity"

Showing result 1 - 5 of 17 essays containing the words pricing elasticity.

1. 1. Double Machine Learning for Insurance Price Optimization

   University essay from KTH/Skolan för industriell teknik och management (ITM)

   Author : Jakob Kristiansson; [2023]
   Keywords : DML; Double Machine Learning; Price Optimization; Insurance Pricing; DML; Dubbel Maskininlärning; Prisoptimering; Försäkringsprissättning;

   Abstract : This thesis examines how recent advances in debaised machine learning can be used for estimating price elasticities of demand within the automotive insurance field. Traditional methods such as generalized linear model (GLM) to estimate demand has no way of ensuring there are no biases in the underlying data selection, especially when the confounding variables are many. READ MORE

3. 2. Assessing the Impact of Ocean Proximity and a Nuclear Power Plant on Property Values : a Hedonic Price Study in Östhammar

   University essay from SLU/Dept. of Economics

   Author : Louise Nordmark Strandberg; [2023]
   Keywords : Hedonic pricing; property pries; natural environment; Nuclear power plant; coastline;

   Abstract : This study examines the impact of environmental attributes, specifically proximity to the ocean and a nuclear power plant, on property prices in Östhammar municipality during the period of 2017-2022. By conducting a hedonic price model for evaluating non-market goods, a dataset of 1210 observations of family houses and vacation homes was analyzed. READ MORE

4. 3. The Price of Fear : Estimating the economic effect of fear of crimeusing sold apartments in Stockholm, Sweden

   University essay from Uppsala universitet/Nationalekonomiska institutionen

   Author : Nytell Erik; [2022]
   Keywords : Hedonic pricing model; fixed effects; crime; fear of crime; emotions; heuristics; cognitive bias; behavioral economics; housing prices; Stockholm; Sweden; Hedonisk modell; fixa effekter; brott; rädsla för brott; ekonomiska konsekvenser; bostadspriser; irrationellt tänkande; beteendeekonomi; Stockholm; Sverige;

   Abstract : Fear of crime may differ between areas, even if levels of crime do not differ. Policymakers and companies should be interested in how much economical values individuals put on their emotions. No previous paper has tried to estimate the economic consequences of the kind of fear of crime that does not stem from an increase in crime. READ MORE

5. 4. Shocking Prices : Examining the short-run price elasticity of household electricity demand

   University essay from Uppsala universitet/Nationalekonomiska institutionen

   Author : Klara Eliasson Rabo; [2022]
   Keywords : Price elasticity of electricity demand; household price elasticity; electricity pricing; short run elasticity;

   Abstract : As the share of renewable and intermittent energy sources grow and as society becomes more electrified, electricity price volatility becomes one of the most pressing issues. The flexibility of household demand, when faced with price shocks, determines how exposed they will be to price volatility, making the estimation of their short-run price elasticity highly relevant for policymakers. READ MORE

6. 5. Predicting Sales with Deep Learning in a Retail Setting

   University essay from KTH/Matematisk statistik

   Author : Victor Lundell; [2021]
   Keywords : applied mathematics; deep learning; neural network; sales; price; price elasticity; retail; tillämpad matematik; djupinlärning; neurala nätverk; försäljning; pris; priselasticitet; detaljhandel;

   Abstract : Product pricing is an always present issue and there are a number of different traditional pricing strategies that can be applied depending on the situation. With an increasing amount of available data, as well as new improved methods to take advantage of this information, companies are presented with the opportunity to become more data driven in their decision making. READ MORE