文章基本信息

标题：Hypothetical Market Familiarity and the Disconnect Between Stated and Observed Values for Green Energy
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作者：Charles Sims
期刊名称：International Journal of Energy Economics and Policy
电子版ISSN：2146-4553
出版年度：2012
卷号：3
期号：1
页码：10-19
语种：English
出版社：EconJournals
摘要：Participation rates and utility premiums for green power programs are generally less than implied by contingent valuation studies. This study compares open-ended and dichotomous-choice responses with actual participation rates of a green power program to examine the effect of hypothetical market familiarity. Traditionally, respondents are asked to value a renewable energy “block” which represents a quality improvement in a percentage of a good. When placed in a more familiar market setting, stated values are more closely aligned with premiums currently charged. Participation rates remain exaggerated indicating responses are viewed as a vote in favor of or against cleaner energy sources. Keywords: Contingent valuation; green energy programs; renewable energy blocks; scope effects; coal-fired power plants; single-bounded dichotomous choice JEL Classifications: H41; Q42; Q51