This article analyzes a time-of-use pricing experiment involving over 700 small and medium size commercial/industrial firms. Two basic rate structures were implemented: one with time-varying demand (kW) charges and a flat energy (kWh) charge, and the other with time-varying energy charges and a...

This paper establishes an argument that questions the validity of one "test" of goodness-of-fit for the simulated time path of a single endogenous variable in a simultaneous, perhaps dynamic, econometric model. The test was suggested by Cyert and Cohen, and consists of two parts, within the...