Estimating End-use Demand: a Bayesian Approach
Eliminating negative end-use or appliance consumption estimates and incorporating direct metering information into the process of generating these estimates, these are two important aspects of conditional demand analysis (CDA) that will be the focus of this paper. In both cases a Bayesian approach seems a natural way of proceeding. What needs to be invistigated is whether it is aslo a viable and effective approach. In addition, such a framework naturally lends itself to prediction. Our application involves the estimation of electrical appliance consumptions for a sample of Australian households. This application is designed to illustrate the viability of a full Bayesian analysis of the problem.
(This abstract was borrowed from another version of this item.)
|Date of creation:|
|Note:||In : Journal of Business and Economic Statistics, 12, (2) 221-231, 1994|
|Contact details of provider:|| Postal: Voie du Roman Pays 34, 1348 Louvain-la-Neuve (Belgium)|
Fax: +32 10474304
Web page: http://www.uclouvain.be/core
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:cor:louvrp:1090. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alain GILLIS)
If references are entirely missing, you can add them using this form.