Generating electricity with forest biomass Consistency and payment timeframe effects in choice experiments
| Autor: | Albino Prada, Mario Soliño, Begoña Álvarez Farizo, María Xosé Vázquez |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2012 |
| Předmět: |
business.industry
Choice experiments media_common.quotation_subject Management Monitoring Policy and Law Environmental economics Payment Renewable energy sources Energy policy Renewable energy Microeconomics General Energy Consistency (negotiation) Electricity generation Willingness to pay Economics Biomass Electricity business Null hypothesis media_common |
| Zdroj: | Repositorio de Resultados de Investigación del INIA Instituto Nacional de Investigación y Tecnología Agraria y Alimentaria INIA INIA: Repositorio de Resultados de Investigación del INIA |
| Popis: | This paper presents a choice experiment analyzing the consumers' preferences towards a policy for replacing conventional electricity with electricity generated from forest biomass. The results show that consumers specially prefer the effects related to the lower risk of forest fires and to the decrease in pressure on non-renewable resources. The article also presents a methodological test in relation to the payment timeframe and its effect on marginal willingness to pay and consistency of responses using choice experiments. The most frequent and realistic payments are associated with lower presence of inconsistent responses. Finally, we cannot reject the null hypothesis of no effects of payment timeframe on marginal willingness to pay. © 2011 Elsevier Ltd. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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