This article presents a model of individual behavior in the purchase and utilization of energy-using durables. The tradeoff between capital costs for more energy efficient appliances and operating costs for the appliances is emphasized. Using data on both the purchase and utilization of room air...

The key question which the Federal Energy Administration's Project Independence Report attempts to answer is the level of U.S. oil imports under different world oil prices. The three essential components of the model which produces the forecasts -- oil and natural gas supply, energy demand, and...

This paper applies methods for analyzing data from samples that have been chosen by restricting the target population in discernible ways to date from a 1976 experiment in time-of-day pricing of electricity for residential customers in Arizona. We find that whereas conventional estimation...