Abstract: The rise of electric vehicles (EVs) fosters closer integration between the power and transportation sectors. While implementing a fair EV charging pricing strategy optimizes the system ...
Abstract: With the development of distribution network, high elastic distribution system with multiple integration needs more response resources from the user-side to participate in the more flexible ...
Discover how price levels, consumer income, substitutes, and product types impact demand elasticity for goods and services, influencing consumer decisions.
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...