Customers' Choice Among Retail Energy Suppliers: The Willingness-to-Pay for Service Attributes

By A. Goett, K. Hudson, Kenneth Train. 2000

381 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Marketing, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/3220425e2c852834cb25324ba83d9605417d19e9

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

In Marketing

In Renewable Energy, Sustainability and the Environment

Citations in the corpus

Does it Matter When a Power Outage Occurs? - A Choice Experiment Study on the Willingness to Pay to Avoid Power Outages (2008, methodology): “…3, these are calculated using the sample mean of the socio-economic characteristics.20 The standard errors are obtained by using the Delta method (Greene, 2000).21 20 The corresponding marginal WTPs from a standard multinomial logit model are to a large extent similar in magnitude to those…”
Recent Progress on Endogeneity in Choice Modeling (2005, background): “Goett et al., 2000; Hensher et al., 2004), which is a useful constraint as it implies that the distribution of marginal WTP takes the same form as the distributions of the corresponding attribute coefficient.”
Willingness to pay for renewable energy: Evidence from a contingent valuation survey in Kenya (2011, methodology): “The commonly used SP approach in the energy sector involves choice experiment (CE) as applied by Goett and Hudson [7], Roe et al.”
Mixed Logit (or Logit Kernel) Model: Dispelling Misconceptions of Identification (2002, background): “(9); Gönül and Srinivasan (10); Greene (11); Mehndiratta and Hansen (12); Revelt and Train (13); and Train (14).”
Economic Perspectives on Corporate Social Responsibility (2012, background): “Electricity consumers state that they are willing to pay 0.6 to 2 cents/kWh, or about a 5 to 20 percent premium, for renewable energy (Goett, Hudson, and Train 2000, Roe et al. 2001).”
Households’ Willingness to Pay for Water Service Attributes (2005, neutral): “Our analysis is based on stated choice experiments, similar to those used by Cai et al. (1998) and Goett et al. (2000) for electricity.”
Utility in Willingness to Pay Space: A Tool to Address Confounding Random Scale Effects in Destination Choice to the Alps (2008, background): “One solution is to assume that the cost coefficient is constant and not random (e.g., Revelt and Train 1998; Goett, Train, and Hudson 2000; Layton and Brown 2000; Morey and Rossmann 2003).”