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Part I Smart Grid Economics -- Chapter 1 Economics of Smart Grid: Smart Grid, Time-dependent Pricing (Dynamic Pricing …), Demand Response -- Part II Field Experimental Economics -- Chapter 2 Economics of Field Experiment: History of Field … Experiment, especially in Energy and Environmental Economics -- Chapter 3 Dynamic Pricing: Purpose, Design, and Results of Field …
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Despite the efforts of restructuring power markets over the last decades, the lack of demand response in the retail … electricity markets remains a significant concern. Possible demand response would help to reduce prices and volatility by better … matching supply and demand through improved price signals. In this paper we develop a laboratory tool to experimentally …
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