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Using an agent-based modeling approach we study the temporal dynamics of consumer opinions regarding switching to dynamic electricity tariffs and the actual decisions to switch. We assume that the decision to switch is based on the unanimity of $\tau$ past opinions. The resulting model explains...
Persistent link: https://www.econbiz.de/10010888018
This paper proposes an agent-based modeling (ABM) approach to study the diffusion and adoption of dynamic electricity tariffs. We discuss the difference between opinions and decisions of electricity consumers regarding dynamic pricing. By means of a simple ABM, we provide a plausible explanation...
Persistent link: https://www.econbiz.de/10010751587
Using an agent-based modeling approach we study the temporal dynamics of consumer opinions regarding switching to dynamic electricity tariffs and the actual decisions to switch. We assume that the decision to switch is based on the unanimity of τ past opinions. The resulting model offers a...
Persistent link: https://www.econbiz.de/10011047122