کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
10437679 912326 2014 16 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Perceived price in residential water demand: Evidence from a natural experiment
ترجمه فارسی عنوان
قیمت درک شده در تقاضای آب مسکونی: شواهدی از آزمایش طبیعی است
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی
Under complicated billing structures, the price to which consumers respond remains inconclusive. In this paper, I exploit a quasi-experiment to estimate a causal effect of price for residential water customers during the introduction of increasing block rates for a North Carolina utility. Perceived price is identified through a billing anomaly in which changes in marginal and average prices move in opposite directions. Empirical results contribute evidence that residential water customers respond to average price. Average price elasticity estimates vary from −0.43 to −1.14 across the distribution of consumption in triple-difference models, with an estimate of −0.31 in the tightest bandwidth of regression discontinuity specifications.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Behavior & Organization - Volume 107, Part A, November 2014, Pages 308-323
نویسندگان
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