Today more than 2.7 billion people rely on biomass as their primary cooking fuel, with profound implications for the environment and people’s well-being. Wood provision is often time-consuming and the emitted smoke has severe health eff ects – both burdens that affl ict women in particular. The dissemination of Improved Cooking Stoves (ICS) is frequently considered an eff ective remedy for thes...

Dynamic partial adjustment models of residential electricity demand account for the fact that households may not adjust electricity consumption immediately in response to changes in prices, income, and other relevant factors, because of behavioral habits or adjustment costs for the capital stock of appliances. However, forward-looking behavior is generally neglected. Expectations about future p...

US shale gas production is generally expected to continue its fast rise. However, a cautious evaluation is needed. Shale gas resource estimates are potentially overoptimistic and it is uncertain to which extent they can be produced economically. Moreover, the adverse environmental effects of ever more wells to be drilled may lead to a fall in public acceptance and a strengthening of regulation....

I show that provision of electricity meters leads to a large reduction in electricity consumption over the first four months following meter installation. This is consistent with previous overconsumption by unmetered users facing a zero marginal price. However, it also reflects underconsumption by metered customers paying a marginal price exceeding marginal cost. I quantify these welfare effect...

Costs of transport fuels are the most significant components household expenditures, and price petrol is particular importance for commercial residential sectors in Australia. Regarding central role petrol, an in-depth understanding behaviours essential. Previous studies mostly focused on markets metropolitan areas, there exists a gap regional literature. Therefore, this paper aimed to develop ...

The present paper thoroughly explores second-best efficient allocations in an adverse selection insurance economy. We start from a natural extension of the classical model, assuming less than perfect risk perceptions. We propose first and second welfare theorems, by means of which we describe efficiencyenhancing policies. Notions of weak and strong adverse selection are promising for interpreti...

as a result of higher crude oil prices, in one hand, it is expected that alternative energy resources consumption is increased and consumers change their behavior to decline energy intensity too. on the other hand, more alternative energy consumption can leads to a decline of crude oil aggregate demand. therefore, existence of mutual causality between crude oil price and alternative energy cons...