In order to respond to the challenge of climate change, similar to other countries, Korea has announced various policies to vitalize the development and uptake of renewable energy. The Renewable Portfolio Standard (RPS) is the most striking example of a policy in this area. This study employs a...

Forecasting demand for new technology for which few historical data observations are available is difficult but essential to successful marketing. The current study suggests an alternative forecasting methodology based on a hazard rate model using stated and revealed preferences. In estimating...