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Dynamic partial adjustment models of residential electricity demand account for the fact that households may not adjust electricity consumption immediately in response to changes in prices, income, and other relevant factors, because of behavioral habits or adjustment costs for the capital stock...
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Two elements of the Swiss market for electricity are examined in this book: the residential electricity demand by time-of-use and the cost structure of municipal electricity distribution utilities. The empirical results indicate that demand for peak and off-peak electricity in elastic, and that...
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