Cochell, James; Schwarz, Peter; Taylor, Thomas - In: Journal of Regulatory Economics 42 (2012) 2, pp. 135-158
Using a generalized McFadden specification, we estimate the determinants of hourly response for the years 2006 through 2010 for all 16 standard retail customers who were on an optional real-time electricity rate offered by Duke Energy as of 2010, and provide a method to estimate how these...