Unobservables in Consumer Choice: Residential Energy and the Demand for Comfort
AbstractA model of consumption of residential energy in dwellings is developed, distinguishing between attributes of housing that provide direct benefits to consumers and attributes that serve as inputs in the production of final goods, for example, the thermal comfort of dwellings. Empirical estimates are made of the mode, based upon the Annual Housing Survey, and the results are used to calculate the effects of changes in energy prices on the consumption of housing, residential energy, and other goods. The analysis suggests that the adjustment process within the housing market permits a great deal of substitution in response to energy price changes. Copyright 1989 by MIT Press.
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 MIT Press in its journal Review of Economics & Statistics.
Volume (Year): 71 (1989)
Issue (Month): 3 (August)
Contact details of provider:
Web page: http://mitpress.mit.edu/journals/
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Anna Alberini & Gans Will & Daniel Lopez-Velez, 2010.
"Residential Consumption of Gas and Electricity in the U.S.: The Role of Prices and Income,"
CEPE Working paper series
10-77, CEPE Center for Energy Policy and Economics, ETH Zurich.
- Alberini, Anna & Gans, Will & Velez-Lopez, Daniel, 2011. "Residential consumption of gas and electricity in the U.S.: The role of prices and income," Energy Economics, Elsevier, vol. 33(5), pages 870-881, September.
- Anna Alberini & Will Gans & Daniel Velez-Lopez, 2011. "Residential Consumption of Gas and Electricity in the U.S.: The Role of Prices and Income," Working Papers 2011.01, Fondazione Eni Enrico Mattei.
- Peter Grosche & Colin Vance, 2009.
"Willingness to Pay for Energy Conservation and Free-Ridership on Subsidization: Evidence from Germany,"
The Energy Journal,
International Association for Energy Economics, vol. 0(Number 2), pages 135-154.
- Peter Grösche & Colin Vance, 2008. "Willingness-to-Pay for Energy Conservation and Free-Ridership on Subsidization – Evidence from Germany," Ruhr Economic Papers 0058, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
- Wietschel, M. & Fichtner, W. & Rentz, O., 1997. "Integration of price-depending demand reactions in an optimising energy emission model for the development of CO2-mitigation strategies," European Journal of Operational Research, Elsevier, vol. 102(3), pages 432-444, November.
- Garrett, Vicki & Koontz, Tomas M., 2008. "Breaking the cycle: Producer and consumer perspectives on the non-adoption of passive solar housing in the US," Energy Policy, Elsevier, vol. 36(4), pages 1551-1566, April.
- Philippe Cyrenne & Robert Fenton & Joseph Warbanski, 2006. "Historic Buildings and Rehabilitation Expenditures: A Panel Data Approach," Journal of Real Estate Research, American Real Estate Society, vol. 28(4), pages 349-380.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Karie Kirkpatrick).
If references are entirely missing, you can add them using this form.