Government of Pakistan has taken several measures in recent years for conserving electricity to reduce its electricity shortfall. In this context, this study attempts to quantify the impact of different electricity conservation policies on value-added of industrial and services sectors in...

This paper examines the impact of daylight saving time (DST) on electricity consumption in southern Norway and Sweden. As DST was implemented in both the countries in 1980, we do not have a clear counterfactual in the form of a control period to identify the impact of DST directly with before...

In this paper we estimate the pass-through of wholesale electricity price to the end consumer price with variable price contracts in the Norwegian electricity market using weekly data. We find substantial asymmetry when retailers pass on the impact of price changes in the wholesale market to the...

The 1980s and 1990s have been a period of exciting new developments in the modelling of decision-making under risk and uncertainty. Extensions of the theory of expected utility and alternative theories of `non-expected utility' have been devised to explain many puzzles and paradoxes of...

The Double-Bounded Dichotomous- Choice (DB-DC) Contingent Valuation format is thought to yield more precise welfare estimates. Questions remain about its validity. The initial bid may represent information with which respondents update their willingness to pay. A Bayesian model of respondent...