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We explore the relative importance of income and household characteristics (such as family size) in explaining differences in household consumption of natural gas and LPG. In a simple model of vertically (willingness to pay) ordered households we posit that the relative importance of the income...
Persistent link: https://www.econbiz.de/10005052677
This paper reexamines the problem of collective decisions of investment in electricity transmission in Argentina in the nineties. We summarize our previous results on the existence of a fundamental flaw in the evaluation of willingness-to-pay and on the need to consider the votes of groups of...
Persistent link: https://www.econbiz.de/10005228328
Persistent link: https://www.econbiz.de/10005280147