MARC details
| 000 -LEADER |
| fixed length control field |
02588nam a2200313 i 4500 |
| 003 - CONTROL NUMBER IDENTIFIER |
| control field |
CSPC |
| 005 - DATE AND TIME OF LATEST TRANSACTION |
| control field |
20260323105452.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
| fixed length control field |
260323c ph r i 00 0 eng d |
| 022 ## - INTERNATIONAL STANDARD SERIAL NUMBER |
| International Standard Serial Number |
1655-5236 |
| 040 ## - CATALOGING SOURCE |
| Original cataloging agency |
CSPC |
| Language of cataloging |
eng |
| Transcribing agency |
CSPC |
| Description conventions |
rda |
| 245 00 - TITLE STATEMENT |
| Remainder of title |
|
| Title |
Measuring willingness to pay for electricity. |
| 264 #1 - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE |
| Place of production, publication, distribution, manufacture |
Manila : |
| Name of producer, publisher, distributor, manufacturer |
Asian Development Bank, |
| Date of production, publication, distribution, manufacture, or copyright notice |
2002. |
| 300 ## - PHYSICAL DESCRIPTION |
| Extent |
volumes : |
| Other physical details |
illustration ; |
| Dimensions |
28 cm. |
| 336 ## - CONTENT TYPE |
| Source |
rdacontent |
| Content type term |
text |
| 337 ## - MEDIA TYPE |
| Source |
rdamedia |
| Media type term |
unmediated |
| 338 ## - CARRIER TYPE |
| Source |
rdacarrier |
| Carrier type term |
volume |
| 362 ## - DATES OF PUBLICATION AND/OR SEQUENTIAL DESIGNATION |
| Dates of publication and/or sequential designation |
2002, Number 3 |
| 490 #1 - SERIES STATEMENT |
| Series statement |
ERD technical note series no.3 economics and research department |
| 504 ## - BIBLIOGRAPHY, ETC. NOTE |
| Bibliography, etc. note |
Includes bibliographical references |
| 505 0# - FORMATTED CONTENTS NOTE |
| Formatted contents note |
Introduction -- Derivation of the electricity demand function -- The household demand for electricity --The firms demand for electricity -- A functional form for the demand for electricity -- An illustrative example -- Conclusins -- Appendix -- References. |
| 520 3# - SUMMARY, ETC. |
| Summary, etc. |
The measurement of willingness to pay for electricity relies critically on a reliable estimate of the demands for electricity function. However, standard microeconomic theory falls short in providing a plausible framework within which such estimation could be made, at least in the case of electricity. Empirical work to date generally tends to assume that the demand for electricity has no satiation point. Many electricity demand models assume a constant price elasticity, which implies infinite demand at low prices. Many demand models also do not allow for the possibility of goods at zero price because the price variable is in logarithmic form for which zero is undefined. The purpose of this technical note is to propose a plausible functional form for the demand for electricity. The proposed functional form is consistent with two properties of electricity demand functions for households and firms, namely, the negative relationship between price and quantity, and the finiteness of demand at zero price. The technical note also demonstrates that this functional form of the demand function leads to easily estimable economic benefits of electricity. |
| 650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name entry element |
Willingness to pay |
| General subdivision |
Periodicals. |
| 650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name entry element |
Electric utilitie |
| Source of heading or term |
Rates |
| General subdivision |
Periodicals. |
| 650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name entry element |
Energy consumption |
| Source of heading or term |
Economic aspects |
| General subdivision |
Periodicals. |
| 650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name entry element |
Consumer behavior |
| General subdivision |
Periodicals. |
| 700 #1 - ADDED ENTRY--PERSONAL NAME |
| Personal name |
Choynowski, Peter., |
| Relator term |
editor. |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
| Source of classification or shelving scheme |
Dewey Decimal Classification |
| Suppress in OPAC |
No |
| Koha item type |
Serials |
| Classification part |
333.793 |
| Item part |
M463 |
| Call number prefix |
SER |
| Call number suffix |
2002 |