This paper studies Canberra households' and businesses' willingness to pay (WTP) to avoid drought water restrictions, using stated choice experiments. We find that customers evidence a lack of WTP to avoid most types of drought-induced restrictions. Respondents appear unwilling to pay to avoid...

Water consumption and disposal are often taken for granted as essential services with required levels of service quality, yet little is known about how much consumers are willing to pay for specific service levels. As customers in many countries face changing levels of water availability...

A key feature of many regulatory reviews is determination of the amount of expenditure that should be reflected in the revenue requirement for a service provider. An increasingly important driver in determining the appropriate level of this expenditure is the desired level of service quality and...

We describe recent progress in several areas related to endogeneity, including: choice set formation and attention to attributes; interactions among decision-makers; respondents' strategic behavior in answering stated preference choices; models of multiple discrete/continuous choice; distributions...

<title>Abstract</title> This paper documents some thoughts on the reform agenda in public transit that is occurring throughout the world. The specific focus is on a growing commitment to competitive regulation through competitive tendering, and the efforts by a few governments (notably in Australia) to take...

We present an empirical model of households' choices among local telephone service options (for example, between flat-rate and measured service) and the interrelation of these choices with the number and average duration of local calls households make at each time of day to each geographical...

Disaggregate models are generally more policy sensitive than aggregate models. However, disaggregate models may not track aggregate totals, such as total U.S. fuel consumption, as well as aggregate models. We obtain forecasts of aggregate fuel consumption from the DRI aggregate model and from...

SAE models combine engineering estimates of end-use loads with conditional demand analysis of customer-level loads. The statistical procedure adjusts the engineering loads for observed customer-level loads. Using data from PG & E, SAE end-use loads are estimated for a sample of households. These...

Several methods for estimating net savings are described. Appropriate methods are distinguished from inappropriate ones on logical grounds. To illustrate the concepts, each method is applied to a simulated data set for which the true saving is known. The appropriate methods yield estimates that...