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Improving Energy Demand Analysis (1984) / Chapter Skim
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Appendix A Incorporating Data from Problem-Centered Research on Incentives and Information in Formal Demand Models
Pages 117-119

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From page 117...
... This appendix presents a method for using such data in discrete choice models. The typical state-of-the-art residential energy model includes equations that predict household purchases of new energy-efficient systems (appliances, heating equipment, retrofit of existing homes, thermal performance of new homes)
From page 118...
... These stocks are then used in conditional demand models to estimate household energy demand.2 Studies of variables that affect appliance choice yield findings that can be used to adjust either the coefficient a2 or the equipment cost Ci in the purchase choice models. For example, information on consumer preference among different levels and types of incentives, stratified by type of consumer (e.g., by household income or education of household head)


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