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The Identification of the Demand
Feldbabel, Vít ; Fotr, Martin (referee) ; Luňáček, Jiří (advisor)
The aim of this thesis is to work out demand for various kinds of commodities of current consumption by conducting a survey. From the polled data, a function of price demand elasticity of selected commodities is drawn up, on which suggestions to sellers for turnover maximization is based.
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Mathematical Models of Demand
Trzaskaliková, Eva ; Půža, Bedřich (referee) ; Mezník, Ivan (advisor)
The diploma thesis deals with the analyses of demand using standard tools of engineering mathematics. Mathematical models of demand, both single and multi- factor are investigated. Elasticity of demand is applied for decision making in price policy. Problems of optimization of demand reflecting utility and budget constraints are under consideration. Constructions of demand curve and compensated demand curve are presented. The text is accompanied by illustrative examples aiming at methodical aspects of the work
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Demand for gas: Evidence from the 2022 energy crisis
Stuchlík, Jan ; Pertold-Gebicka, Barbara (advisor) ; Opatrný, Matěj (referee)
This thesis analyzes the effects of the 2022 energy crisis on changes in consump- tion patterns among Czech households, with the main focus on natural gas and other energy sources. We captured the effects using income and cross-price elas- ticity of expenditure shares of various goods. We calculated these elasticities from estimated parameters of a quadratic almost ideal demand system. The system parameters were estimated using the iterated feasible generalized non- linear least squares method on household-level data collected by PAQ Research. Demand for gas is income-elastic during the energy crisis, contrasting with other energy sources. Households made significant adjustments to their consumption of luxury goods and necessities in response to the high energy prices. The cross- price elasticity estimates show a decrease in expenditure shares of luxury goods and distant heat in relation to higher gas prices. Reduced healthcare and trans- port expenditure shares and increased solid fuels expenditure shares are related to higher electricity prices. In response to rising prices of necessities, households generally decrease expenditure shares of luxury goods. Households' reactions to the energy crisis are heterogeneous among socio-economic groups.
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Use of Product Price Discrimination in International Markets
Tempír, Stanislav ; Pavláková Dočekalová, Marie (referee) ; Luňáček, Jiří (advisor)
The thesis is aimed at making specific recommendations on price discrimination for a company operating in international markets. These recommendations are supported by calculations of purchasing power parity, price elasticity of demand and analyses of primary and secondary data from European markets. The thesis is structured in three main parts, the first dealing with the theoretical background, the second with the company and the selected markets and the last part with the recommendations themselves.
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Demand and investment for jewellery at the time of economic crisis
Efimenko, Valeria ; Cahlík, Tomáš (advisor) ; Brechler, Josef (referee)
The consumer demand defines strategy and tactics of the organization of jewelry manufacture. The demand and its forecasting for short-term and long-term prospect is one of the major problems of marketing for the various organizations and firms. The demand size is influenced by price and non price factors which should be traced accurately on a constant basis by special departments of firms. My research question is how the demand for jewelry changes at the time of economic crisis. In this work a number of the major factors are identified which influence almost all buyers to get the jewelry. The concept of elasticity of demand has a direct bearing on the pricing policy of the companies. Therefore, considerable attention in this work is given to this economic category. In real life it is very difficult to obtain reliable and stable data on factors of cross elasticity to use it for pricing. The analysis carried out shows that price elasticity of jewels in most cases is low. Demand for luxury goods linearly depends on the personal income. The demand research accepts a special urgency in the conditions of the economic crises aggravating the competitive struggle between suppliers of jewelry. The world economic crisis has brought a rise in prices for gold and falling incomes of the population. It has led...
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The Identification of the Demand
Feldbabel, Vít ; Fotr, Martin (referee) ; Luňáček, Jiří (advisor)
The aim of this thesis is to work out demand for various kinds of commodities of current consumption by conducting a survey. From the polled data, a function of price demand elasticity of selected commodities is drawn up, on which suggestions to sellers for turnover maximization is based.
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Mathematical Models of Demand
Trzaskaliková, Eva ; Půža, Bedřich (referee) ; Mezník, Ivan (advisor)
The diploma thesis deals with the analyses of demand using standard tools of engineering mathematics. Mathematical models of demand, both single and multi- factor are investigated. Elasticity of demand is applied for decision making in price policy. Problems of optimization of demand reflecting utility and budget constraints are under consideration. Constructions of demand curve and compensated demand curve are presented. The text is accompanied by illustrative examples aiming at methodical aspects of the work
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Pharmaceutical market economics: Do public subsidies on pharmaceuticals cause their wasteful use
Petrmann, Milan ; Špecián, Petr (advisor) ; Koubek, Ivo (referee)
This diploma thesis deals with the question of whether do public subsidies cause wasteful use of pharmaceuticals, and if so then to what extent. The hypothesis is tested on the Czech republic data for the years 2005-2012. The biggest contributions are defining the health system as an intra-temporal problem, which tells us that lower values of discount rate implies higher level of wasteful use. I express the environmental issues, which are caused by unprofessional pharmaceutical disposal. You can find the price (-0,11), the income (-0,2) and the cross-price (-0,14) elasticity of demand for pharmaceuticals in the empirical part. These estimates are obtained with the help of the Kuhn-Tucker method. Using the 2OLS method Model 2 comes with the major findings. With 10% increase of public subsidies, consumers tend to waste 13,2% more pharmaceuticals.
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