Benavente, José Miguel; Galetovic, Alexander; … - In: Revista de Analisis Economico – Economic Analysis Review 20 (2005) 2, pp. 23-40
This paper estimates the residential outage cost in Chile’s Central Interconnected System (SIC), using consumer’s willingness to pay for energy. We first estimate the cost of reducing energy consumption efficiently, that is only the less valuable kWh (as indicated by the market demand curve)...
