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We propose a consistent utility-based framework to jointly explain a household's decisions on purchase incidence, brand choice and purchase quantity. The approach differs from other approaches, currently available in the literature, as it is able to take into account consumption dynamics. In the...
Persistent link: https://www.econbiz.de/10010324989
I develop a structural demand model for mobile telephone service, which facilitates the identification of network effects and compatibility between networks. Network effects are measured by the dependence of consumer willingness to pay on the installed base of subscribers. Compatibility is...
Persistent link: https://www.econbiz.de/10010352085
Using the data on maintenance expenditures and self-assessed house value, I separate the measure of individual housing stock and house prices, and use these data for testing whether nondurable consumption and housing are characterized by intratemporal nonseparability in households’...
Persistent link: https://www.econbiz.de/10012052769
The dominant practice in economics is to choose the mathematical specification of model relations on the basis of convenience, without much theoretical support. This paper discusses how quantitative model specifications can, in some cases, be given a more formal scientific underpinning in the...
Persistent link: https://www.econbiz.de/10012058686
This paper analyzes the potential household demand for alternative fuel vehicles in Norway, by applying data from a stated preference survey. The alternative fuel vehicles we consider are liquid propane gas and electric powered vehicles in addition to a dual-fuel vehicle. In this survey each...
Persistent link: https://www.econbiz.de/10011967937
In this paper the demand for space heating energy is estimated by using a discrete-continuous choice model which focuses on the relationship between the choice of heating equipment and energy consumption. The model is estimated on Norwegian micro data, and the two stages of the model are...
Persistent link: https://www.econbiz.de/10011968002
This article presents a new way of estimating latent total consumption in a household that may improve the accuracy of studies into permanent income and consumption inequality. While the frequently used total purchase expenditure in a household is an unbiased estimator of latent total household...
Persistent link: https://www.econbiz.de/10011968094
Information about total electricity consumption is available for most households. However, the electricity consumption related to different end uses, e.g. space heating, water heating, lighting and services from household appliances are usually not metered. Metering data are very costly to...
Persistent link: https://www.econbiz.de/10011968116
It is costly and difficult to meter electricity consumption for different end uses, e.g. space heating, lighting and household appliances. We deduce a model for using cross-sectional data for total annual electricity consumption for a sample of households, together with information from energy...
Persistent link: https://www.econbiz.de/10011968506
Rapid economic and demographic change in Ireland over the last decade, with associated increases in car dependence and congestion, has focused policy on encouraging more sustainable forms of travel. In this context, knowledge of current travel patterns and their determinants is crucial. In this...
Persistent link: https://www.econbiz.de/10010277691