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A Note on Price Perception in Water Demand Models

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  • Michael L. Nieswiadomy
  • David J. Molina
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    Abstract

    A household's decision to acquire price knowledge is endogenous in the demand for utility services and may affect elasticities and consumption levels. A simultaneous equation model with endogenous switching is developed to evaluate the effects of price ...

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    Bibliographic Info

    Article provided by University of Wisconsin Press in its journal Land Economics.

    Volume (Year): 67 (1991)
    Issue (Month): 3 ()
    Pages: 352-359

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    Handle: RePEc:uwp:landec:v:67:y:1991:i:3:p:352-359

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    Web page: http://le.uwpress.org/

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    Cited by:
    1. Worthington, Andrew C., 2010. "Commercial and Industrial Water Demand Estimation: Theoretical and Methodological Guidelines for Applied Economics Research/Estimación de la demanda de agua comercial e industrial: pautas teóricas y," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 28, pages 237-258, Agosto.
    2. Fullerton, Thomas M., Jr. & White, Katherine & Smith, Wm. Doyle & Walke, Adam G., 2012. "An Empirical Analysis of Halifax Municipal Water Consumption," MPRA Paper 54113, University Library of Munich, Germany, revised 14 Mar 2013.
    3. Nataraj, Shanthi & Hanemann, W. Michael, 2008. "Does Marginal Price Matter? A Regression Discontinuity Approach to Estimating Water Demand," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt2jc295gr, Department of Agricultural & Resource Economics, UC Berkeley.
    4. Hurd, Brian H., 2006. "Water Conservation and Residential Landscapes: Household Preferences, Household Choices," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 31(02), August.
    5. Felipe Lavín & Larry Dale & Michael Hanemann & Mithra Moezzi, 2011. "The impact of price on residential demand for electricity and natural gas," Climatic Change, Springer, vol. 109(1), pages 171-189, December.
    6. Arbues, Fernando & Garcia-Valinas, Maria Angeles & Martinez-Espineira, Roberto, 2003. "Estimation of residential water demand: a state-of-the-art review," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 32(1), pages 81-102, March.
    7. van den Bergh, Jeroen C.J.M., 2008. "Environmental regulation of households: An empirical review of economic and psychological factors," Ecological Economics, Elsevier, vol. 66(4), pages 559-574, July.
    8. Miguel Bacharach & William J. Vaughan, 1994. "Household Water Demand Estimation," IDB Publications 25218, Inter-American Development Bank.
    9. Henrique Monteiro, 2010. "Residential Water Demand in Portugal: checking for efficiency-based justifications for increasing block tariffs," Working Papers Series 1 ercwp0110, ISCTE-IUL, Business Research Unit (BRU-IUL).
    10. Tamkinat Rauf & M. Wasif Siddiqi, 2008. "Price-setting for Residential Water: Estimation of Water Demand in Lahore," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 47(4), pages 893-906.

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