What people do when they say they are conserving electricity
AbstractEconometric practitioners must always make the case that existing data may be used to forecast future responses to price changes. In residential electricity markets this means providing assurances that either territories with different prices are similar enough to be used as a guide, or that households are still able to react to price changes with the same conservation measures they have in the past. This article presents the results of a conservation behavior survey conducted both concurrent with and immediately after the last California electricity crisis in 2000-2001. The survey used open-ended questions that provide some assurance that there are still conservation behaviors that may be performed, as well as raw data that may be used to construct new closed-ended questions. The prevalence of conservation behaviors is modeled with a forgetfulness process, necessary when using data from open-ended questions, and implemented with a generalized method of moments (GMM) estimator.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Elsevier in its journal Energy Policy.
Volume (Year): 36 (2008)
Issue (Month): 6 (June)
Contact details of provider:
Web page: http://www.elsevier.com/locate/enpol
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Halvorsen, Bente & Larsen, Bodil M., 2001. "The flexibility of household electricity demand over time," Resource and Energy Economics, Elsevier, vol. 23(1), pages 1-18, January.
- Davidson, Russell & MacKinnon, James G., 1993. "Estimation and Inference in Econometrics," OUP Catalogue, Oxford University Press, number 9780195060119.
- Trevor Young & Thomas H. Stevens & Cleve Willis, 1983. "Asymmetry in the Residential Demand for Electricity," The Energy Journal, International Association for Energy Economics, vol. 0(Special I).
- Tversky, Amos & Kahneman, Daniel, 1991. "Loss Aversion in Riskless Choice: A Reference-Dependent Model," The Quarterly Journal of Economics, MIT Press, vol. 106(4), pages 1039-61, November.
- Bidwell, Miles O, Jr & Wang, Bruce X & Zona, J Douglas, 1995. "An Analysis of Asymmetric Demand Response to Price Changes: The Case of Local Telephone Calls," Journal of Regulatory Economics, Springer, vol. 8(3), pages 285-98, November.
- Aigner, Dennis J. & Leamer, Edward E., 1984. "Estimation of time-of-use pricing response in the absence of experimental data : An application of the methodology of data transferability," Journal of Econometrics, Elsevier, vol. 26(1-2), pages 205-227.
- Bruce G. S. Hardie & Eric J. Johnson & Peter S. Fader, 1993. "Modeling Loss Aversion and Reference Dependence Effects on Brand Choice," Marketing Science, INFORMS, vol. 12(4), pages 378-394.
- Garcia-Cerrutti, L. Miguel, 2000. "Estimating elasticities of residential energy demand from panel county data using dynamic random variables models with heteroskedastic and correlated error terms," Resource and Energy Economics, Elsevier, vol. 22(4), pages 355-366, October.
- Xavier Labandeira Villot & Pedro Linares, 2009.
"Energy Efficiency: Economics and Policy,"
- Diffney, Seán & Lyons, Seán & Malaguzzi Valeri, Laura, 2013.
"Evaluation of the effect of the Power of One campaign on natural gas consumption,"
Elsevier, vol. 62(C), pages 978-988.
- Diffney, Sean & Lyons, Sean & Malguzzi Valeri, Laura, 2009. "Advertising to boost energy efficiency: the Power of One campaign and natural gas consumption," Papers WP280, Economic and Social Research Institute (ESRI).
- Leighty, Wayne & Meier, Alan, 2011. "Accelerated electricity conservation in Juneau, Alaska: A study of household activities that reduced demand 25%," Energy Policy, Elsevier, vol. 39(5), pages 2299-2309, May.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.