Isbn: 9781334538711 - modelling the aggregate demand for electricity: simplicity vs. virtuosity (classic reprint) (3 resultados)

PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condición: New. Print on Demand. This book provides an insightful analysis of the factors influencing the demand for electricity. The author presents a comprehensive model that incorporates both the marginal and average intramarginal prices, highlighting their significance in determining consumption patterns. Through a combination of analytical and empirical approaches, the book demonstrates that the omission of the average intramarginal price variable in demand equations leads to negligible quantitative impacts on elasticity estimates, dispelling a commonly held misconception. The author also examines the consequences of misspecification on other coefficients, concluding that biases are typically small and of little practical significance. The book contributes to the ongoing debate on electricity demand modeling and offers valuable insights for researchers and policymakers seeking to understand and predict electricity consumption. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.…