来源类型 | Article (reviewed journal)
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规范类型 | 其他
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| Are consumers willing to pay more for electricity from cooperatives? results from an online choice experiment in Germany |
| Sagebiel, Julian; Müller, Jakob; Rommel, Jens
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发表日期 | 2014
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出版年 | 2014
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语种 | 英语
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摘要 | With liberalization in 1998, numerous firms have entered the German retail electricity market, including newly formed consumer cooperatives. Based on Transaction Cost Economics, we develop a theoretical framework seeking to explain preferences for electricity supplied by cooperatives from a consumer perspective. Drawing on a convenience sample of 287 German electricity consumers and Choice Experiment data from an online survey, we estimate Willingness-to-Pay values for organizational attributes of electricity suppliers, while accounting for observed and unobserved heterogeneity. Consumers in the sample exhibit a large Willingness-to-Pay for renewable energy. Our results also indicate a substantial Willingness-to-Pay for transparent pricing, participation in decision making, and local suppliers. Democratic decision making – a distinct feature of cooperatives – exhibits positive Willingness-to-Pay values for approximately one fifth of the sample. Taken together, our findings suggest a slightly higher Willingness-to-Pay for electricity produced by cooperatives. Limitations of applied sampling and other important aspects of energy transition are also discussed. |
主题 | Climate and Energy
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URL | https://www.ioew.de/en/publication-single/are_consumers_willing_to_pay_more_for_electricity_from_cooperatives_results_from_an_online_choice_e
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来源智库 | Institute for Ecological Economy Research (Germany)
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资源类型 | 智库出版物
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条目标识符 | http://119.78.100.153/handle/2XGU8XDN/412278
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推荐引用方式 GB/T 7714 |
Sagebiel, Julian,Müller, Jakob,Rommel, Jens. Are consumers willing to pay more for electricity from cooperatives? results from an online choice experiment in Germany. 2014.
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