A discrete/continuous choice approach to residential water demand under block rate pricing: reply.
A reply is presented to Donald M. Waldman's paper, “A Discrete/Continuous Choice Approach to Residential Water Demand under Block Rate Pricing: Comment”—published elsewhere in this issue—on Hewitt and Hanemann's approach to residential water demand under block rate pricing. Hewitt and Hanemann's a...
| Publicado en: | Land Economics Vol. 76; no. 2; pp. 324 - 331 |
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| Formato: | Artículo |
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University of Wisconsin Press
May 2000
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=511163945&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 511163945 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00237639 LAE jtl: Land Economics issn: 00237639 maglogo: N pubinfo: dt: May 2000 vid: 76 iid: 2 pid: 249 pub: University of Wisconsin Press artinfo: ui: 511163945 10.2307/3147233 ppf: 324 ppct: 7 formats: fmt: – @attributes: type: T – @attributes: type: P size: 524KB tig: atl: A discrete/continuous choice approach to residential water demand under block rate pricing: reply. aug: au: Hewitt, Julie A. su: Water utility rates Water consumption Mathematical models sug: subj: Water utility rates Water consumption Mathematical models ab: A reply is presented to Donald M. Waldman's paper, “A Discrete/Continuous Choice Approach to Residential Water Demand under Block Rate Pricing: Comment”—published elsewhere in this issue—on Hewitt and Hanemann's approach to residential water demand under block rate pricing. Hewitt and Hanemann's approach propounded a theory of utility maximization with kinked budget constraints and examined a model of discrete/continuous choice for water demand. Waldman is correct in noting that the econometric theory in Hewitt and Hanemann is largely confined to the case of precisely two blocks. Two models are estimated that assume linear demand and additive and normally distributed errors, and the application of non-negativity-corrected likelihood to situations where the marginal price of the original block is zero is discussed. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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