Donald Trump keeps flipping and flopping on tariffs. Many are scheduled to kick in on Aug. 1, but who knows. Nevertheless, ...

The paper aims to estimate the flexibility of a residential consumer group in price-based demand response. It develops a model to simulate consumers' responsiveness to time-varying prices. The model ...

Following Part I of this paper that reveals two distinct interpretations of demand curves and the corresponding different forms of the market clearing formulation, Part II of this paper analyzes the ...

The curves of supply and demand represent different price-quantity combinations. Each combination is plotted on a chart, and the line drawn from one point to the next creates a curve.