Abstract Currently Unavailable.

Load forecasting models employed in the electric utility industry have become increas ingly dependent upon information about the electricity used by indivi dual appliances (i.e., end uses). Currently, information on appliance usage is obtained from two fundamentally different sources: (1) engi...

The purpose of this paper is to review and synthesize recent North American research into the demand for service reliability and to draw conclusions of general interest to the utility industry. The electric power industry has, over the past 15 years, experienced increasing pressures to become...

Abstract Currently Unavailable.

Abstract Currently Unavailable.

The impact of recent changes to the U.S. commodity program and efficacy of environmental regulations designed to discourage continuous corn rotations will depend upon the value farmers place on corn base acreage. This paper estimates that value by assuming that the benefits of access to the...

Follow-up questions are frequently used to improve the efficiency of dichotomous choice contingent valuation questionnaires. However, a number of authors (e.g., [12, 16]) have noted a significant difference between the WTP distributions implied by initial and follow-up question responses. This...

We develop a Bayesian posterior simulator for fitting a high dimensional system of ordinal or count outcome equations, illustrating its use by modeling the multiple site recreation demands of individual agents to a set of twenty-nine Iowa lakes. The model flexibly adjusts to match observed...

The electric power industry has become increasingly interested in the value customers place upon service reliability, with the demand for reliability couched in terms of outage or shortage costs. The survey-based method of eliciting these costs dominates the literature. This paper explores and...

Block-rate structures are used extensively in public-utility pricing, including residential electricity. Estimating price elasticities in this context is complicated by the resulting nonlinearity of the consumer's budget constraint. This article estimates the demand for electricity under...