Binet, Marie-Estelle; Carlevaro, Fabrizio; Paul, Michel - In: Environmental & Resource Economics 59 (2014) 4, pp. 561-581
drinking-water perceived by households faced with an increasing, multi-step pricing scheme. To this purpose we use an improved … estimate the demand for residential water when consumers are imperfectly informed about their pricing schedule. The empirical … results suggest that Réunion households underestimate the price of water and thus consume more than what is economically …