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Full-Text Articles in Behavioral Economics
Accounting For Agent Heterogeneity In Market And Policy Analysis, Konstantinos Giannakas
Accounting For Agent Heterogeneity In Market And Policy Analysis, Konstantinos Giannakas
Zea E-Books Collection
doi:10.13014/K2416V8V
This book presents a multi-market framework of market and policy analysis that explicitly accounts for the empirically relevant heterogeneity in consumer preferences and producer characteristics. The explicit consideration of consumer and producer heterogeneity represents a significant departure from the representative consumer and producer that have been at the center of most of the literature on market and policy analysis, and enables the distributional impacts of changes in market conditions and policies to be fully identified. The framework is used to analyze the system-wide market and welfare impacts of a number of changes in market conditions (like changes in consumer …
The Impact On Consumer Behavior Of Energy Demand Side Management Programs Measurement Techniques And Methods, Jeffrey L. Pursley
The Impact On Consumer Behavior Of Energy Demand Side Management Programs Measurement Techniques And Methods, Jeffrey L. Pursley
College of Business: Dissertations, Theses, and Student Research
Much effort has gone into measuring the impact of Demand Side Management (DSM) programs on energy usage, particularly in regards to electric usage. However, there are potential biases in such measurements. This paper explores one of these potential biases, the rebound effect. This effect is caused by changes in consumer behavior as a result of DSM programs. The work of Steven Braithwaite and Douglas Caves provide the starting point for this analysis, although the rebound effect is referenced in many other works in this field.
In an effort the estimate this effect, data from the Nebraska Energy Office’s DSM programs …