1050期 12月13日 :Is Mixing Always Better? An Empirical Study of Energy Consumption with a Mixture Pricing Mechanism(Xintong Han,助理教授,康考迪亚大学)

时间:2019-12-10

【主题】 Is Mixing Always Better? An Empirical Study of Energy Consumption with a Mixture Pricing Mechanism
【报告人】Xintong Han(助理教授,康考迪亚大学)
【时间】12月13日 星期五 14:30-16:00
【地点】 经济学院楼701室
【摘要】This paper provides an empirical justification for multidimensional screening. Using a rich and unique panel data of residents’ electricity consumption in Hangzhou, China, we provide a structural analysis of how an economic agent chooses the monthly electricity consumption under a mixture of two non-linear pricing system: An Increasing Block Pricing (IBP) system and a Time-of-Use (ToU) Pricing system. Our structural approach allows us to evaluate a non- linear pricing scenario where there are multidimensional household characteristics with more than one decision variable. The results imply that a regulator might get backfired by making wrong decisions about adjusting the two non-linear pricing schemes to improve consumer welfare.
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