Showing 1 - 10 of 136
. With exogenous inertia, risk-dominant equilibria are selected independently of the length of memory. Without inertia …
Persistent link: https://www.econbiz.de/10009471709
This research investigates inertia in a financial services context, with particular focus on the reasons for consumers …’ dissatisfaction and inert behaviour, and studies the customers’ complaining behaviours and past and future inertia. The study utilised … dissatisfaction included the number and size of account fees, whilst determinants of inertia were the perception of similarity between …
Persistent link: https://www.econbiz.de/10009457398
inertia that may result as imperatives of cluster participants dislocate from those of their host industry. A sector in which …
Persistent link: https://www.econbiz.de/10009457438
: zero-order, inertia and learning. Two sources of state dependence, inertia and learning, are operationalized using a dummy … absence of preference information. Both the inertia and in particular the Bayesian learning components are overstated, and the … for lagged choice and adopting the Bayesian learning process, respectively. I apply a Reversible Jump MCMC sampling scheme …
Persistent link: https://www.econbiz.de/10009482969
Persistent link: https://www.econbiz.de/10010353235
Este trabajo estudia las diferencias entre los multiplicadores fiscales a lo largo del ciclo de crédito en las economías de la OCDE. Se obtienen respuestas al impulso mediante un modelo estado dependiente con proyecciones directas, en el que los multiplicadores dependen del estado de los...
Persistent link: https://www.econbiz.de/10012530519
This paper presents the results of a survey and analysis ofelectricity tariffs and marginal electricity prices for … commercialbuildings. The tariff data come from a survey of 90 utilities and 250tariffs for non-residential customers collected in 2004 as …
Persistent link: https://www.econbiz.de/10009435538
March 15,2004. The main overall goals of this new regulation are: to allow the lowest possible tariffs for end users, while …
Persistent link: https://www.econbiz.de/10009435556
utility commissions (PUC) and utilities have considered implementing dynamic pricing tariffs, such as real-time pricing (RTP … is appropriate for utilities to offer a range of dynamic pricing tariffs and DR programs, or just ''plain vanilla … tariffs, three basic implementation issues require attention. First, should it be a default or optional tariff, and for which …
Persistent link: https://www.econbiz.de/10009435658
Real-time pricing (RTP) has been advocated as an economically efficient means to send price signals to customers to promote demand response (DR) (Borenstein 2002, Borenstein 2005, Ruff 2002). However, limited information exists that can be used to judge how effectively RTP actually induces DR,...
Persistent link: https://www.econbiz.de/10009435765