Gianluigi Zenti, President, Academia Barilla SpA - The Changing Consumer: Demanding but Predictable

OpenAIRE

Hartl, Jochen

2006-01-01

It is crucial to understand and predict consumers' behaviour to meet future consumer demands. This report contributes to the discussion by giving an insight into consumers' behaviour from the perspective of Gianluigi Zenti, executive director of Academia Barilla. It is discussed how consumers' choice has changed in particular with regard to Italian food in the US and how Barilla has responded to that challenge.

Consumer Health Information and the Demand for Physician Visits.

Science.gov (United States)

Schmid, Christian

2015-12-01

The present study empirically investigates the effect of consumer health information on the demand for physician visits. Using a direct information measure based on questions from the Swiss Health Survey, we estimate a Poisson hurdle model for office visits. We find that information has a negative effect on health care utilization, contradicting previous findings in the literature. We consider differences in the used information measures to be the most likely explanation for the different findings. However, our results suggest that increasing consumer health information has the potential to reduce health care expenditures. Copyright © 2014 John Wiley & Sons, Ltd.

Consumer demand and quality assurance: segmentation basis and implications for chain governance in the pork sector

NARCIS (Netherlands)

Grunert, K.G.; Wognum, P.M.; Trienekens, J.H.; Wever, M.; Scholderer, J.; Veflen Olsen, N.

2011-01-01

Consumers differ in their demands, and this may have implications for the type of supply chain governance that is most suitable for serving them. We present a segmentation of pork consumers in the EU based on their food-related lifestyles and demands for different pork products. We then present an

Empirical studies on the labor market and on consumer demand

NARCIS (Netherlands)

Gong, X.

2001-01-01

The thesis covers three topics on the labour market and on consumer demand. Chapters two and three focus on the labour market mobility and wage differentials between the formal sector and the informal sector in urban Mexico. Dynamic random effects panel data models are used in the analysis. Chapters

Direct-to-Consumer Advertising and the Demand for Cholesterol-Reducing Drugs

OpenAIRE

Winston, Clifford; Calfee, John E.; Stempski, Randolph

2003-01-01

In August 1997, the Food and Drug Administration (FDA) reinterpreted its advertising regulations to ease limits on the use of broadcast media when advertising prescription drugs directly to consumers. We estimate the effect of direct-to-consumer advertising on demand, using 1995-2000 data from the market for the statin class of cholesterol-reducing drugs. We find no statistically significant effect from any form of advertising and promotion on new statin prescriptions or renewals and no evide...

Efficient Use of Behavioral Tools to Reduce Electricity Demand of Domestic Consumers

Directory of Open Access Journals (Sweden)

Elbaz Shimon

2016-12-01

Full Text Available Purpose: The present study investigated the main literature on the subject of methods and policies for reducing the electricity demand of domestic consumers, in order to identify the place of behavioral tools. Methodology: We used secondary sources, performing a literature review, together with analysis and synthesis. Findings: Policy makers prefer to use tools offered by neoclassical economics, such as various forms of taxation, fines and financial incentives in order to make domestic electricity consumers save electricity, on the assumption that consumers will make rational decisions while maximizing their personal benefit. However, studies conducted in recent years in the field of behavioral economics, which are based on the assumption that consumers’ decisions are not rational and are affected by cognitive biases, showed that the use of behavioral tools, such as detailed online information (feedback,social comparison information, information on varying rates (dynamic pricing and general information (advertising campaign, are tools that are not less appropriate than the ones the neoclassical economics offers, mainly because electricity is an invisible product and consumers are unable to assess it by normal cognitive measures. Using an interdisciplinary combination of behavioral tools that come from a variety of approaches taken from a wide variety of different academic fields, it is possible to receive efficient results in the endeavor of reducing electricity demand. Implications: Although the neoclassical economics still remains the fundamental theory used by policymakers, it is recommended to consider behavioral economics as a complementary approach to the neoclassical economics, and combine behavioral tools in the policymakers’ toolbox, especially when those tools do not require a significant financial investment, thus efficiently maximizing the reduction of electricity demand among domestic consumers. These theoretical results will be

History of consumer demand theory 1871-1971: A Neo-Kantian rational reconstruction

OpenAIRE

Moscati Ivan

2007-01-01

This paper examines the history of the neoclassical theory of consumer demand from 1871 to 1971 by bringing into play the knowledge theory of the Marburg School, a Neo-Kantian philosophical movement. The work aims to show the usefulness of a Marburg-inspired epistemology in rationalizing the development of consumer analysis and, more generally, to understand the principles that regulate the process of knowing in neoclassical economics.

History of consumer demand theory 1871-1971: A Neo-Kantian rational reconstruction

OpenAIRE

Ivan Moscati

2005-01-01

This paper examines the history of the neoclassical theory of consumer demand from 1871 to 1971 by bringing into play the knowledge theory of the Marburg School, a Neo-Kantian philosophical movement. The work aims to show the usefulness of a Marburg-inspired epistemology in rationalizing the development of consumer analysis and, more generally, to understand the principles that regulate the process of knowing in neoclassical economics.

Changes in Consumer Demand Following Public Reporting of Summary Quality Ratings: An Evaluation in Nursing Homes.

Science.gov (United States)

Werner, Rachel M; Konetzka, R Tamara; Polsky, Daniel

2016-06-01

Limited consumer use of health care report cards may be due to the large amount of information presented in report cards, which can be difficult to understand. These limitations may be overcome with summary measures. Our objective was to evaluate consumer response to summary measures in the setting of nursing homes. 2005-2010 nursing home Minimum Data Set and Online Survey, Certification and Reporting (OSCAR) datasets. In December 2008, Medicare converted its nursing home report card to summary or star ratings. We test whether there was a change in consumer demand for nursing homes related to the nursing home's star rating after the information was released. The star rating system was associated with a significant change in consumer demand for low- and high-scoring facilities. After the star-based rating system was released, 1-star facilities typically lost 8 percent of their market share and 5-star facilities gained over 6 percent of their market share. The nursing home star rating system significantly affected consumer demand for high- and low-rated nursing homes. These results support the use of summary measures in report cards. © Health Research and Educational Trust.

Consumer preferences and demand for insect-based food products in developing countries

DEFF Research Database (Denmark)

Alemu, Mohammed Hussen

2017-01-01

in developing countries. Due to these benefits, stakeholders in the food sector have recently focused on establishing the insect production sector. Nevertheless, there are a number of issues that need to be investigated before the production is fully optimized. This thesis investigates consumer demand in terms...... of consumers' preferences and willingness-topay (WTP) for insect-based food products in Kenya. It does this by focusing on the association of consumers' psychological orientations, contextual attributes, tasting experience and peer influence with consumers' choice behavior. A further focus is an investigation...... of the impacts of value elicitation methods in terms of hypothetical and nonhypothetical market scenarios on consumers' WTP for the insect-based food products. Discrete choice experiments (DCEs) are employed to collect data in field settings. The data is then analyzed using the state-of-the-art choice modeling...

Integrating sensory evaluations in incentivized discrete choice experiments to assess consumer demand for cricket flour buns in Kenya

DEFF Research Database (Denmark)

Alemu, Mohammed Hussen; Olsen, Søren Bøye; Vedel, Suzanne Elizabeth

In this study, we present one of the first thorough assessments of potential consumer demand for an insect based food product. We assess the demand in terms of Kenyan consumer preferences and willingness to pay for buns containing varying amounts of cricket flour. The novel feature of the study...

Can insects increase food security in developing countries? An analysis of Kenyan consumer preferences and demand for cricket flour buns

DEFF Research Database (Denmark)

Alemu, Mohammed Hussen; Olsen, Søren Bøye; Vedel, Suzanne Elizabeth

2017-01-01

demand as this would determine the success of product development. In this study, we present one of the first thorough assessments of consumer demand for an insect-based food. We assessed the demand in terms of Kenyan consumer preferences and willingness to pay for buns containing varying amounts...

Connecting plug-in vehicles with green electricity through consumer demand

Science.gov (United States)

Axsen, Jonn; Kurani, Kenneth S.

2013-03-01

The environmental benefits of plug-in electric vehicles (PEVs) increase if the vehicles are powered by electricity from ‘green’ sources such as solar, wind or small-scale hydroelectricity. Here, we explore the potential to build a market that pairs consumer purchases of PEVs with purchases of green electricity. We implement a web-based survey with three US samples defined by vehicle purchases: conventional new vehicle buyers (n = 1064), hybrid vehicle buyers (n = 364) and PEV buyers (n = 74). Respondents state their interest in a PEV as their next vehicle, in purchasing green electricity in one of three ways, i.e., monthly subscription, two-year lease or solar panel purchase, and in combining the two products. Although we find that a link between PEVs and green electricity is not presently strong in the consciousness of most consumers, the combination is attractive to some consumers when presented. Across all three respondent segments, pairing a PEV with a green electricity program increased interest in PEVs—with a 23% demand increase among buyers of conventional vehicles. Overall, about one-third of respondents presently value the combination of a PEV with green electricity; the proportion is much higher among previous HEV and PEV buyers. Respondents’ reported motives for interest in both products and their combination include financial savings (particularly among conventional buyers), concerns about air pollution and the environment, and interest in new technology (particularly among PEV buyers). The results provide guidance regarding policy and marketing strategies to advance PEVs and green electricity demand.

Connecting plug-in vehicles with green electricity through consumer demand

International Nuclear Information System (INIS)

Axsen, Jonn; Kurani, Kenneth S

2013-01-01

The environmental benefits of plug-in electric vehicles (PEVs) increase if the vehicles are powered by electricity from ‘green’ sources such as solar, wind or small-scale hydroelectricity. Here, we explore the potential to build a market that pairs consumer purchases of PEVs with purchases of green electricity. We implement a web-based survey with three US samples defined by vehicle purchases: conventional new vehicle buyers (n = 1064), hybrid vehicle buyers (n = 364) and PEV buyers (n = 74). Respondents state their interest in a PEV as their next vehicle, in purchasing green electricity in one of three ways, i.e., monthly subscription, two-year lease or solar panel purchase, and in combining the two products. Although we find that a link between PEVs and green electricity is not presently strong in the consciousness of most consumers, the combination is attractive to some consumers when presented. Across all three respondent segments, pairing a PEV with a green electricity program increased interest in PEVs—with a 23% demand increase among buyers of conventional vehicles. Overall, about one-third of respondents presently value the combination of a PEV with green electricity; the proportion is much higher among previous HEV and PEV buyers. Respondents’ reported motives for interest in both products and their combination include financial savings (particularly among conventional buyers), concerns about air pollution and the environment, and interest in new technology (particularly among PEV buyers). The results provide guidance regarding policy and marketing strategies to advance PEVs and green electricity demand. (letter)

Creating a perfect storm to increase consumer demand for Wisconsin's Tobacco Quitline.

Science.gov (United States)

Sheffer, Megan A; Redmond, Lezli A; Kobinsky, Kate H; Keller, Paula A; McAfee, Tim; Fiore, Michael C

2010-03-01

Telephone quitlines are a clinically proven and cost-effective population-wide tobacco-dependence treatment, and this option is now available in all 50 states. Yet, only 1% of the smoking population accesses these services annually. This report describes a series of policy, programmatic, and communication initiatives recently implemented in Wisconsin that resulted in a dramatic increase in consumer demand for the Wisconsin Tobacco Quitline (WTQL). In 2007, the Wisconsin legislature voted to increase the state cigarette excise tax rate by $1.00, from $0.77/pack to $1.77/pack effective January 1, 2008. In preparation for the tax increase, the Wisconsin Tobacco Prevention and Control Program, the University of Wisconsin Center for Tobacco Research and Intervention, which manages the WTQL, and the state's quitline service provider, Free & Clear, Inc., collaborated to enhance quitline knowledge, availability, and services with the goal of increasing consumer demand for services. The enhancements included for the first time, a free 2-week supply of over-the-counter nicotine replacement medication for tobacco users who agreed to receive multi-session quitline counseling. A successful statewide earned media campaign intensified the impact of these activities, which were timed to coincide with temporal smoking-cessation behavioral patterns (i.e., New Year's resolutions). As a result, the WTQL fielded a record 27,000 calls during the first 3 months of 2008, reaching nearly 3% of adult Wisconsin smokers. This experience demonstrates that consumer demand for quitline services can be markedly enhanced through policy and communication initiatives to increase the population reach of this evidence-based treatment. Published by Elsevier Inc.

The psychological effects of empowerment strategies on consumers' product demand

DEFF Research Database (Denmark)

Fuchs, Christoph; Prandelli, Emanuela; Schreier, Martin

2010-01-01

. In such scenarios, it is no longer the company but its customers who decide democratically which products should be produced. This article discusses the first set of empirical studies which highlight the important psychological consequences of this power shift. The results indicate that customers who are empowered...... of psychological ownership of the products selected. The studies also identify two boundary conditions for this "empowerment - product demand" effect: It diminishes if the outcome of the joint decision-making process does not reflect consumers' preferences and if consumers do not feel that they have the relevant......Companies have recently begun to use the Internet in order to integrate their customers more actively into various phases of the new product development (NPD) process. One such strategy involves empowering customers to cooperate in selecting the product concepts to be marketed by the firm...

Consumer demand for low-alcohol wine in an Australian sample

Directory of Open Access Journals (Sweden)

Saliba AJ

2013-03-01

Full Text Available Anthony J Saliba, Linda A Ovington, Carmen C MoranCharles Sturt University, Wagga Wagga, NSW, AustraliaBackground: The aim of this paper is to inform wine producers and marketers of those in the population who are interested in low-alcohol wine by describing the results of an Australian survey.Method: In the present study, 851 adult wine consumers completed an online questionnaire on their purchasing and consumption of wine, demographics, knowledge, and reasons for consuming wine. Reasons for consumption were defined using Brunner and Siegrist’s validated model. Self-reported interest in low-alcohol wine was used to determine the likely maximum possible market size.Results: The majority of respondents considered “low-alcohol wine” to contain around 3%–8% alcohol. Results indicated that those most likely to purchase low-alcohol wine were female and those who drink wine with food. Those who drank wine more frequently showed interest in wine sold in known-dose quantities, such as one standard drink. Reasons for preferring a low-alcohol wine included driving after drinking, to lessen the adverse effects of alcohol, and to consume more without the effects of a higher-alcohol wine. Finally, results pointed to the importance of taste as a driver of consumption.Conclusion: This is the first study to define the opportunity market for low-alcohol wine in Australia agnostic to intervening variables, thus defines the likely upper limit. Further, we showed what consumers currently define as low alcohol. Both of these findings allow wine companies to make a decision on the profitability of the low-alcohol market in Australia.Keywords: consumer demand, low alcohol, wine, consumer preference

Improving the quality of pork and pork products for the consumer : development of innovative, integrated, and sustainable food production chains of high quality pork products matching consumer demands

NARCIS (Netherlands)

Heimann, B.; Christensen, M.; Rosendal Rasmussen, S.; Bonneau, M.; Grunert, K.G.; Arnau, J.; Trienekens, J.H.; Oksbjerg, N.; Greef, de K.H.; Petersen, B.

2012-01-01

Improving the quality of pork and pork products for the consumer: development of innovative, integrated, and sustainable food production chains of high quality pork products matching consumer demands.

Modelling consumer demand and household labour supply: Welfare effects of increasing carbon taxes

International Nuclear Information System (INIS)

Braennlund, R.; Nordstroem, J.

2001-01-01

The main objective of this paper is to analyse consumer response and welfare effects due to changes in energy or environmental policy. To achieve this objective we formulate and estimate an econometric model for non-durable consumer demand in Sweden that utilises micro- and macro-data. In the demand model male and female labour supply is included as conditioning goods. To account for possible changes in labour supply due to increasing carbon taxes we estimate separate labour supply functions for men and women. In the simulations we consider two revenue neutral scenarios that both imply a doubling of the CO 2 tax; one that returns the revenues in the form of a lower VAT and one that subsidise public transport. One conclusion from the simulations is that the CO 2 tax has regional distribution effects, in the sense that household living in sparsely populated areas carry a larger share of the tax burden

Demand Potential for Goat Meat in Southern States: Empirical Evidence from a Multi-State Goat Meat Consumer Survey

OpenAIRE

Nelson, Mack C.; Liu, Xuanli

2005-01-01

A survey conducted in 11 Southeastern states elicits consumers' demand and preferences for various goat meat products. The data permit examination of goat meat demand of ethnic populations and the diversity among the states surveyed. The study uses five econometric models to examine the current demand, potential demand, and demand related to season and occasions on the goat meat market. Our analysis suggests that there exist a substantial demand for goat meat and the potential increase in the...

A demand response modeling for residential consumers in smart grid environment using game theory based energy scheduling algorithm

Directory of Open Access Journals (Sweden)

S. Sofana Reka

2016-06-01

Full Text Available In this paper, demand response modeling scheme is proposed for residential consumers using game theory algorithm as Generalized Tit for Tat (GTFT Dominant Game based Energy Scheduler. The methodology is established as a work flow domain model between the utility and the user considering the smart grid framework. It exhibits an algorithm which schedules load usage by creating several possible tariffs for consumers such that demand is never raised. This can be done both individually and among multiple users of a community. The uniqueness behind the demand response proposed is that, the tariff is calculated for all hours and the load during the peak hours which can be rescheduled is shifted based on the Peak Average Ratio. To enable the vitality of the work simulation results of a general case of three domestic consumers are modeled extended to a comparative performance and evaluation with other algorithms and inference is analyzed.

Consumer demand system estimation and value added tax reforms in the Czech Republic

Czech Academy of Sciences Publication Activity Database

Janský, Petr

2014-01-01

Roč. 64, č. 3 (2014), s. 246-273 ISSN 0015-1920 R&D Projects: GA TA ČR(CZ) TD010033 Institutional support: RVO:67985998 Keywords : consumer behavior * Quadratic Almost Ideal Demand System * tax reforms Subject RIV: AH - Economics Impact factor: 0.420, year: 2014 http://journal.fsv.cuni.cz/storage/1301_jansky.pdf

The Demand Side Response to Multi-zone Tariffs. Consumer Test Results

Directory of Open Access Journals (Sweden)

Adam Olszewski

2015-12-01

Full Text Available Advanced Metering Infrastructure (AMI is a technologically advanced solution currently implemented by the most innovative distribution system operators. ENERGA-OPERATOR SA set about preparing for smart metering implementation in 2010. So far the company has installed over 400,000 meters in its area, and plans to install a further 450,000 in 2015. Kalisz, the first fully AMI-covered city in Poland, was chosen for an in-depth analysis of the system. In particular, a consumer test was conducted there with the intention of answering the question about the strength of the demand side response to multi-zone tariffs and power reduction. Conclusions from the year-long test show the demand side response to multi-zone tariffs – i.e. the maximum temporary percentage reduction of energy consumption in the time zone with the tariff raised by a min. of 80% – stays within the 5–15% range. In the case of power reduction (the maximum temporary reduction of energy consumption in the time zone when the power available to a household is limited to 1 kW – the demand side response stays within the 10–30% range. An additional effect of tariff diversification and smart metering is a reduction in electricity consumption by 1–4% on working days (i.e. this is the effect of either the consumption reduction or shifting it to weekends. During the test energy consumers were subjected to both price incentives and education. Due to the fact that it is difficult to separate the effects of education and tariff structures, the company plans to continue the research related to verifying the effectiveness of individual activation tools in reducing electricity consumption by households.

Consumer behavior in renewable electricity: Can branding in accordance with identity signaling increase demand for renewable electricity and strengthen supplier brands?

International Nuclear Information System (INIS)

Hanimann, Raphael; Vinterbäck, Johan; Mark-Herbert, Cecilia

2015-01-01

A higher percentage of energy from renewable resources is an important goal on many environmental policy agendas. Yet, the demand for renewable electricity in liberalized markets has developed much more slowly than the demand for other green products. To date, research has mainly examined the willingness to pay for renewable electricity, but limited research has been conducted on the motivations behind it. The concept of identity signaling has proven to play a significant role in consumer behavior for green products. However, (renewable) electricity in the Swedish residential market typically lacks two important drivers for identity signaling: visibility and product involvement. A consumer choice simulation among 434 Swedish households compared consumer choices for renewable electricity contracts. The results show a positive effect of identity signaling on the demand for renewable electricity and yield suggestions for increasing the share of renewable electricity without market distorting measures. This leads to implications for policymakers, electricity suppliers and researchers. - Highlights: • Low demand for renewable electricity contracts falls short of high market potential. • For this study a consumer choice simulation for electricity contracts was processed. • Higher visibility and involvement increases demand for green electricity contracts. • Branding that enables identity signaling contributes to green energy policy goals

Linear models of income patterns in consumer demand for foods and evaluation of its elasticity

Directory of Open Access Journals (Sweden)

Pavel Syrovátka

2005-01-01

Full Text Available The paper is focused on the use of the linear constructions for developing of Engel’s demand models in the field of the food-consumer demand. In the theoretical part of the paper, the linear approximations of this demand models are analysed on the bases of the linear interpolation. In the same part of this text, the hyperbolic elasticity function was defined for the linear Engel model. The behaviour of the hyperbolic elasticity function and its properties were consequently investigated too. The behaviour of the determined elasticity function was investigated according to the values of the intercept point and the direction parameter in the original linear Engel model. The obtained theoretical findings were tested using the real data of Czech Statistical Office. The developed linear Engel model was explicitly dynamised, because the achieved database was formed into the time series. With respect to the two variables definitions of the hyperbolic function in the theoretical part of the text, the determined dynamic model of the Engel demand for food was transformed into the form with parametric intercept point:ret* = At + 0.0946 · rmt*,where the values of absolute member are defined as:At = 1773.0973 + 9.3064 · t – 0.3023 · t2; (t = 1, 2, ... 32.The value of At in the parametric linear model of Engel consumer demand for food was during the observed period (1995–2002 always positive. Thus, the hyperbolic elasticity function achieved the elasticity coefficients from the interval:ηt ∈〈+0; +1.Within quantitative analysis of Engel demand for food in the Czech Republic during the given time period, it was founded, that income elasticity of food expenditures of the average Czech household was moved between +0.4080 and +0.4511. The Czech-household demand for food is thus income inelastic with the normal income reactions.

eHealth literacy demands and cognitive processes underlying barriers in consumer health information seeking

Directory of Open Access Journals (Sweden)

Connie V. Chan

2015-12-01

Full Text Available Background: Consumer eHealth tools play an increasingly important role in engaging patients as participants in managing their health and seeking health information. However, there is a documented gap between the skill and knowledge demands of eHealth systems and user competencies to benefit from these tools. Objective: This research aims to reveal the knowledge- and skill-related barriers to effective use of eHealth tools. Methods: We used a micro-analytic framework for characterizing the different cognitive dimensions of eHealth literacy to classify task demands and barriers that 20 participants experienced while performing online information-seeking and decision-making tasks. Results: Participants ranged widely in their task performance across all 6 tasks as measured by task scores and types of barriers encountered. The highest performing participant experienced only 14 barriers whereas the lowest scoring one experienced 153. A more detailed analysis of two tasks revealed that the highest number of incorrect answers and experienced barriers were caused by tasks requiring: (a Media literacy and Science literacy at high cognitive complexity levels and (b a combination of Numeracy and Information literacy at different cognitive complexity levels. Conclusions: Applying this type of analysis enabled us to characterize task demands by literacy type and by cognitive complexity. Mapping barriers to literacy types provided insight into the interaction between users and eHealth tasks. Although the gap between eHealth tools, users’ skills, and knowledge can be difficult to bridge, an understanding of the cognitive complexity and literacy demands can serve to reduce the gap between designer and consumer.

Coordinating a Supply Chain with Risk-Averse Agents under Demand and Consumer Returns Uncertainty

Directory of Open Access Journals (Sweden)

Jian Liu

2013-01-01

Full Text Available This paper examines the optimal order decision in a supply chain when it faces uncertain demand and uncertain consumer returns. We build consumer returns model with decision-makers’ risk preference under mean-variance objective framework and discuss supply chain coordination problem under wholesale-price-only policy and the manufacturer’s buyback policy, respectively. We find that, with wholesale price policy, the supply chain cannot be coordinated whether the supply chain agents are risk-neutral or risk-averse. However, with buyback policy, the supply chain can be coordinated and the profit of the supply chain can be arbitrarily allocated between the manufacturer and the retailer. Through numerical examples, we illustrate the impact of stochastic consumer returns and the supply chain agents’ risk attitude on the optimal order decision.

Two-stage discrete-continuous multi-objective load optimization: An industrial consumer utility approach to demand response

International Nuclear Information System (INIS)

Abdulaal, Ahmed; Moghaddass, Ramin; Asfour, Shihab

2017-01-01

Highlights: •Two-stage model links discrete-optimization to real-time system dynamics operation. •The solutions obtained are non-dominated Pareto optimal solutions. •Computationally efficient GA solver through customized chromosome coding. •Modest to considerable savings are achieved depending on the consumer’s preference. -- Abstract: In the wake of today’s highly dynamic and competitive energy markets, optimal dispatching of energy sources requires effective demand responsiveness. Suppliers have adopted a dynamic pricing strategy in efforts to control the downstream demand. This method however requires consumer awareness, flexibility, and timely responsiveness. While residential activities are more flexible and schedulable, larger commercial consumers remain an obstacle due to the impacts on industrial performance. This paper combines methods from quadratic, stochastic, and evolutionary programming with multi-objective optimization and continuous simulation, to propose a two-stage discrete-continuous multi-objective load optimization (DiCoMoLoOp) autonomous approach for industrial consumer demand response (DR). Stage 1 defines discrete-event load shifting targets. Accordingly, controllable loads are continuously optimized in stage 2 while considering the consumer’s utility. Utility functions, which measure the loads’ time value to the consumer, are derived and weights are assigned through an analytical hierarchy process (AHP). The method is demonstrated for an industrial building model using real data. The proposed method integrates with building energy management system and solves in real-time with autonomous and instantaneous load shifting in the hour-ahead energy price (HAP) market. The simulation shows the occasional existence of multiple load management options on the Pareto frontier. Finally, the computed savings, based on the simulation analysis with real consumption, climate, and price data, ranged from modest to considerable amounts

THE EFFECTS OF PRICE AND INCOMES ON CONSUMER DEMAND

Directory of Open Access Journals (Sweden)

Adrian Tănase

2012-12-01

Full Text Available The complexity of consumption can only be explained by identifying and analysing all the factors acting upon the carrier of demand, and in a given time and space, they have a higher or a lower importance, which makes it impossible to find a hierarchy. However, in societies characterized by a low standard of living, prices and incomes have a strong impact on consumer behaviour. Consequently, this paper approaches one of the most stringent issues, which interest specialists, governing bodies, mass-media and, last but not least, population. In the entire paper we analyse the population’s consumption, i.e. food, non-food products and services, by categories of households, from the economic, statistic and sociologic viewpoints. The paper ends with a brief presentation of conclusions and suggestions regarding the analysis and improvement of population’s consumption.

The Demand Side in Economic Models of Energy Markets: The Challenge of Representing Consumer Behavior

Energy Technology Data Exchange (ETDEWEB)

Krysiak, Frank C., E-mail: frank.krysiak@unibas.ch; Weigt, Hannes [Department of Business and Economics, University of Basel, Basel (Switzerland)

2015-05-19

Energy models play an increasing role in the ongoing energy transition processes either as tools for forecasting potential developments or for assessments of policy and market design options. In recent years, these models have increased in scope and scale and provide a reasonable representation of the energy supply side, technological aspects and general macroeconomic interactions. However, the representation of the demand side and consumer behavior has remained rather simplistic. The objective of this paper is twofold. First, we review existing large-scale energy model approaches, namely bottom-up and top-down models, with respect to their demand-side representation. Second, we identify gaps in existing approaches and draft potential pathways to account for a more detailed demand-side and behavior representation in energy modeling.

The Demand Side in Economic Models of Energy Markets: The Challenge of Representing Consumer Behavior

Directory of Open Access Journals (Sweden)

Frank eKrysiak

2015-05-01

Full Text Available Energy models play an increasing role in the ongoing energy transition processes either as tools for forecasting potential developments or for assessments of policy and market design options. In recent years these models have increased in scope and scale and provide a reasonable representation of the energy supply side, technological aspects and general macroeconomic interactions. However, the representation of the demand side and consumer behavior has remained rather simplistic. The objective of this paper is twofold. First, we review existing large scale energy model approaches, namely bottom-up and top-down models, with respect to their demand side representation. Second, we identify gaps in existing approaches and draft potential pathways to account for a more detailed demand side and behavior representation in energy modeling.

The Demand Side in Economic Models of Energy Markets: The Challenge of Representing Consumer Behavior

International Nuclear Information System (INIS)

Krysiak, Frank C.; Weigt, Hannes

2015-01-01

Energy models play an increasing role in the ongoing energy transition processes either as tools for forecasting potential developments or for assessments of policy and market design options. In recent years, these models have increased in scope and scale and provide a reasonable representation of the energy supply side, technological aspects and general macroeconomic interactions. However, the representation of the demand side and consumer behavior has remained rather simplistic. The objective of this paper is twofold. First, we review existing large-scale energy model approaches, namely bottom-up and top-down models, with respect to their demand-side representation. Second, we identify gaps in existing approaches and draft potential pathways to account for a more detailed demand-side and behavior representation in energy modeling.

Matching food service products to consumer demands through product development alliances and modularisation

OpenAIRE

Olsen, Johanne Rønnow; Friis, Alan; Christensen, Torben Bo Toft; Harmsen, Hanne

2009-01-01

An increasing number of meals are being consumed outside the home, and a new, interesting market for food producers are therefore emerging. However, meeting consumers’ demands, among others for quality, can represent a challenge, especially because producers are typically not involved in the composition of meal solutions and, therefore cannot control all processing steps and interactions with other meal components. In this project, it is proposed that cooperation between food producers on pro...

Matching, Demand, Maximization, and Consumer Choice

Science.gov (United States)

Wells, Victoria K.; Foxall, Gordon R.

2013-01-01

The use of behavioral economics and behavioral psychology in consumer choice has been limited. The current study extends the study of consumer behavior analysis, a synthesis between behavioral psychology, economics, and marketing, to a larger data set. This article presents the current work and results from the early analysis of the data. We…

Saving money vs investing money: Do energy ratings influence consumer demand for energy efficient goods?

International Nuclear Information System (INIS)

Panzone, Luca A.

2013-01-01

The article analyses economic barriers leading to the energy efficiency gap in the market for energy-using products by observing several million transactions in the UK over two years. The empirical exercise estimates AIDS models for refrigerators, washing machines, TVs, and light bulbs. Results indicate that market barriers are crucial in the demand for energy efficient options, and consumer response to changes in appliance prices, total expenditures, and energy prices depends on the possibility of behavioural adjustments in consumption. In contrast with the induced innovation hypothesis, current electricity prices can fail to induce innovation because of their short-term impact on disposable income, while consumers invest in energy efficiency when expecting electricity prices to rise in the future. - Highlights: • The article analyses economic barriers to energy efficiency in the UK. • Data refers to 2-year sales of refrigerators, washing machines, TV, and light bulbs. • Demand parameters by efficiency rating are estimated from four AIDS models. • Future (not present) electricity prices induce investments in energy efficiency. • Behavioural efficiency adjustments explain differences in market response

Survey of Models on Demand, Customer Base-Line and Demand Response and Their Relationships in the Power Market

OpenAIRE

Heshmati, Almas

2012-01-01

The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated interest among researchers, consumers and producer organizations, managers, regulators and policymakers, This research reviews the growing literature on models used to study demand, consumer baseline (CBL) and demand response in the electricity market. After characterizing the general demand models, it reviews consumer baseline based on which further study the demand response...

Advertising and the Management of Aggregate Consumer Demand: A Cross-National Test of the Galbraithian Argument.

Science.gov (United States)

Quarles, Rebecca C.; And Others

John Kenneth Galbraith maintains that advertising is the prime instrument for the management of total consumer demand and results in increased consumption. Galbraith also maintains that television is a more effective advertising tool, in that it reaches people in all spectrums of intelligence. Other economists disagree, holding that it is actually…

Ferrets’ (Mustela putorius furo) enrichment priorities and preferences as determined in a seven-chamber consumer demand study

NARCIS (Netherlands)

Reijgwart, Marsinah Lusanne; Vinke, C.M.; Hendriksen, C.F.M.; Van Der Meer, Miriam; Schoemaker, N.J.; van Zeeland, Y.R.A.

Knowledge of species-specific motivation and preferences for enrichment options is necessary to put in place an appropriate enrichment plan. This knowledge is currently lacking for ferrets. Therefore, seven female ferrets were consecutively housed in a seven-chamber closed economy consumer demand

Information or prices, which is most powerful in increasing consumer demand for organic vegetables?

DEFF Research Database (Denmark)

Smed, Sinne; Andersen, Laura Mørch

2012-01-01

of consuming conventional vegetables on demand for organic foods for six different segments of Danish households. Three of these segments are positive towards organics whereas the remaining three segments are negative or indifferent. Using the double hurdle model we estimate partial effects of both directly...... and indirectly obtained information as well as prices. The results show, that there are larger effects of information for households where the information is in accordance with initial knowledge and attitudes, hence the positive segments react more to information whereas the negative segments react more......Based on a unique and very detailed panel dataset covering consumption of organically and conventionally produced vegetables in the years 2005 - 2007, we examine the effects of information about positive health effects of consuming organic vegetables and information about negative health effects...

Carbon taxes, consumer demand and carbon dioxide emission: a simulation analysis for the UK

International Nuclear Information System (INIS)

Symons, E.J.; Proops, J.L.R.; Gay, P.W.

1991-01-01

This paper examines a policy instrument that has been proposed as a means of reducing 'greenhouse gases', the introduction of a carbon tax on fossil fuels. It investigates the implication of a carbon tax for consumer prices using an input-output framework. Thus the effect of a tax on use of fossil fuels is allowed to affect consumer prices. These are then used in a micro-simulation program that features estimates of a system of demand equations obtained using 116,000 observations from the Family Expenditure System. This predicts the behavioural reaction of each household to the tax changes and the consequent effect on CO 2 emission, government revenue and any distributional effects. We illustrate the impact of a variety of carbon taxes, changes to indirect tax rates and lump-sum compensatory payments. (author)

Economic demand response model in liberalised electricity markets with respect to flexibility of consumers

DEFF Research Database (Denmark)

Sharifi, Reza; Anvari-Moghaddam, Amjad; Fathi, S. Hamid

2017-01-01

Before restructuring in the electricity industry, the primary decision-makers of the electricity market were deemed to be power generation and transmission companies, market regulation boards, and power industry regulators. In this traditional structure, consumers were interested in receiving...... electricity at flat rates while paying no attention to the problems of this industry. This attitude was the source of many problems, sometimes leading to collapse of power systems and widespread blackouts. Restructuring of the electricity industry however provided a multitude of solutions to these problems....... The most important solution can be demand response (DR) programs. This paper proposes an economic DR model for residential consumers in liberalized electricity markets to change their consumption pattern from times of high energy prices to other times to maximize their utility functions. This economic...

Over-harvesting driven by consumer demand leads to population decline: big-leaf mahogany in South America

Science.gov (United States)

James Grogan; Arthur G. Blundell; R. Matthew Landis; Ani Youatt; Raymond E. Gullison; Martha Martinez; Roberto Kometter; Marco Lentini; Richard E. Rice

2010-01-01

Consumer demand for the premier neotropical luxury timber, big-leaf mahogany (Swietenia macrophylla), has driven boom-and-bust logging cycles for centuries, depleting local and regional supplies from Mexico to Bolivia. We revise the standard historic range map for mahogany in South America and estimate the extent to which commercial stocks have been depleted using...

The impact of consumer behavior on residential energy demand for space heating

Energy Technology Data Exchange (ETDEWEB)

Haas, R.; Auer, H.; Biermayr, P. [Vienna Univ. of Technology (Austria). Inst. of Energy Economics

1998-04-01

Besides technical parameters, consumer behavior is the most important issue with respect to energy consumption in households. In this paper, the results of a cross-section analysis of Austrian households are presented. The impact of the following parameters on residential energy demand for space heating have been investigated: (i) thermal quality of buildings; (ii) consumer behavior; (iii) heating degree days; (iv) building type (single- or multi-family dwellings). The result of this investigation provides evidence of a rebound-effect of about 15 to 30% due to building retrofit. This leads to the conclusion that energy savings achieved in practice (and straightforward the reduction in CO{sub 2} emissions) due to energy conservation measures will be lower than those calculated in engineering conservation studies. Straightforward, the most important conclusions for energy policy makers are: (i) Standards, building codes, respectively, are important tools to increase the thermal quality of new buildings; and (ii) Due to prevailing low energy prices, a triggering tool has to be implemented which may be rebates or loans. (orig.)

Consumer demand for information about agricultural biotechnology

DEFF Research Database (Denmark)

Scholderer, Joachim; Czienskowski, Uwe

The aim of the study was to provide a realistic assessment of (a) the amount and type of information that consumers would use in choices between second-generation novel foods and different types of competitor products, (b) the amount and type of information that consumers would access from general...... (glycoalkaloids), mutation-bred rice with lowered levels of an anti-nutrient (phytic acid), and functional food ingredients of a natural origin (phytosterols). A representative sample of 726 Danish consumers participated in a web experiment. In the first part of the experiment, information uptake in realistic...... product choice situations was monitored. Each participant completed three choice tasks, involving different categories of consumer products (basmati rice, milk, frozen sliced potatoes). Within each choice set, one product alternative was based on the second-generation novel foods used as paradigmatic...

Limits to growth in organic sales : price elasticity of consumer demand for organic food in Dutch supermarkets

NARCIS (Netherlands)

Bunte, F.H.J.; Galen, van M.A.; Kuiper, W.E.; Bakker, J.H.

2007-01-01

This report determines how sensitive consumer demand for organic products is to changes in the prices of organic products. The report is based on the analysis of scanner data for supermarkets in ten Dutch communities. In the framework of the analysis, an experiment has been performed in which the

Coordination of a supply chain with consumer return under vendor-managed consignment inventory and stochastic demand

Science.gov (United States)

Wu, Zhihui; Chen, Dongyan; Yu, Hui

2016-07-01

In this paper, the problem of the coordination policy is investigated for vendor-managed consignment inventory supply chain subject to consumer return. Here, the market demand is assumed to be affected by promotional effort and consumer return policy. The optimal consignment inventory and the optimal promotional effort level are proposed under the decentralized and centralized decisions. Based on the optimal decision conditions, the markdown allowance-promotional cost-sharing contract is investigated to coordinate the supply chain. Subsequently, the comparison between the two extreme policies shows that full-refund policy dominates the no-return policy when the returning cost and the positive effect of return policy are satisfied certain conditions. Finally, a numerical example is provided to illustrate the impacts of consumer return policy on the coordination contract and optimal profit as well as the effectiveness of the proposed supply chain decision.

Consumer risk perceptions toward agricultural biotechnology, self-protection, and food demand: the case of milk in the United States.

Science.gov (United States)

Zepeda, Lydia; Douthitt, Robin; You, So-Ye

2003-10-01

This study is an econometric systems approach to modeling the factors and linkages affecting risk perceptions toward agricultural biotechnology, self-protection actions, and food demand. This model is applied to milk in the United States, but it can be adapted to other products as well as other categories of risk perceptions. The contribution of this formulation is the ability to examine how explanatory factors influence risk perceptions and whether they translate into behavior and ultimately what impact this has on aggregate markets. Hadden's outrage factors on heightening risk perceptions are among the factors examined. In particular, the article examines the role of labeling as a means of permitting informed consent to mitigate outrage factors. The effects of attitudinal, economic, and demographic factors on risk perceptions are also explored, as well as the linkage between risk perceptions, consumer behavior, and food demand. Because risk perceptions and self-protection actions are categorical variables and demand is a continuous variable, the model is estimated as a two-stage mixed system with a covariance correction procedure suggested by Amemiya. The findings indicate that it is the availability of labeling, not the price difference, between that labeled milk and milk produced with recombinant bovine Somatotropin (rbST) that significantly affects consumer's selection of rbST-free milk. The results indicate that greater availability of labeled milk would not only significantly increase the proportion of consumers who purchased labeled milk, its availability would also reduce the perception of risk associated with rbST, whether consumers purchase it or not. In other words, availability of rbST-free milk translates into lower risk perceptions toward milk produced with rbST.

Demand bidding construction for a large consumer through a hybrid IGDT-probability methodology

International Nuclear Information System (INIS)

Zare, Kazem; Moghaddam, Mohsen Parsa; Sheikh El Eslami, Mohammad Kazem

2010-01-01

This paper provides a technique to derive the bidding strategy in the day-ahead market for a large consumer that procures its electricity demand in both day-ahead market and a subsequent adjustment market. It is considered that hourly market prices are normally distributed and this correlation is modeled by variance-covariance matrix. The uncertainty of procurement cost is modeled using concepts derived from information gap decision theory which allows deriving robust bidding strategies with respect to price volatility. First Order Reliability Method is applied to construct the robust bidding curve. The proposed technique is illustrated through a realistic case study. (author)

The Use of Artificial Neural Networks for Forecasting the Electric Demand of Stand-Alone Consumers

Science.gov (United States)

Ivanin, O. A.; Direktor, L. B.

2018-05-01

The problem of short-term forecasting of electric power demand of stand-alone consumers (small inhabited localities) situated outside centralized power supply areas is considered. The basic approaches to modeling the electric power demand depending on the forecasting time frame and the problems set, as well as the specific features of such modeling, are described. The advantages and disadvantages of the methods used for the short-term forecast of the electric demand are indicated, and difficulties involved in the solution of the problem are outlined. The basic principles of arranging artificial neural networks are set forth; it is also shown that the proposed method is preferable when the input information necessary for prediction is lacking or incomplete. The selection of the parameters that should be included into the list of the input data for modeling the electric power demand of residential areas using artificial neural networks is validated. The structure of a neural network is proposed for solving the problem of modeling the electric power demand of residential areas. The specific features of generation of the training dataset are outlined. The results of test modeling of daily electric demand curves for some settlements of Kamchatka and Yakutia based on known actual electric demand curves are provided. The reliability of the test modeling has been validated. A high value of the deviation of the modeled curve from the reference curve obtained in one of the four reference calculations is explained. The input data and the predicted power demand curves for the rural settlement of Kuokuiskii Nasleg are provided. The power demand curves were modeled for four characteristic days of the year, and they can be used in the future for designing a power supply system for the settlement. To enhance the accuracy of the method, a series of measures based on specific features of a neural network's functioning are proposed.

Neuroeconomic Conditioning of the Influence of a Market Demand of Consumers on an Innovative Character of Polish Companies

Directory of Open Access Journals (Sweden)

Anna Gardocka-Jałowiec

2011-03-01

Full Text Available The aim of the article is an identification of key sources of an innovative character and their conditioning in contemporary Polish economy. In the discussion, it is stated that consumers – the smallest, but the most numerous economic unit – through their expectations of the way / form of meeting their own needs, create a direction and dynamics of innovative business and confirm or undermine the legitimacy of accepted directions of actions of the supply side and greatly determine their economic force. In addition, the discussion concerning market decisions (their sources of consumers and businessmen is based on the results of neuroanatomical brain research. Analyses, that were carried out, allow for stating that: 1 consumers in a market play take on the following roles: creators of an innovative activity based on the reported potential demand; evaluating results of actions taken by innovative businessmen through effective demand; 2 in Poland, there has been a gradual redefinition of key factors of innovative character; 3 businessmen (over 90% consider coming closer to consumers, meeting their needs through the use of the Internet, interactive and social media as the most important initiatives; 4 an action of businessmen within the scope of improving operative efficiency, aiming at accelerating reactions to market consumers expectations increase; 5 brain activity accounts for nearly ¾ decisions made – each choice constitutes a completely real process engaging a particular neuron number (including von Economo neurons, which influences particular behaviour; 6 a network of neural connections in the brain changes as one gains knowledge and experience – in effect, brain structures become more flexible.

Consumer Demand on Halal Cosmetics and Personal Care Products in Indonesia

Directory of Open Access Journals (Sweden)

Muniaty Aisyah

2016-12-01

Full Text Available This research aims to analyze the influential factors involved in Moslem consumers’ decision to purchase halal cosmetics and personal care products in Indonesia by using the Theory of Planned Behavior. 100 questionnaires were analyzed using Structural Equation Modeling, collected from respondents of female consumers who purchased Wardah cosmetics and personal care products in South Jakarta and South Tangerang. The findings show that attitude, subjective norm, perceived behavioral control and purchase intention are positively related to the consumers’ decision to purchase halal cosmetics and personal care products. By addressing the consumers’ traits that can predict halal cosmetics and personal care products necessity, marketers could generate proper marketing strategies to validate consumers’ demand which in turn will stimulate the growth of halal products industry in Indonesia.DOI: 10.15408/aiq.v9i1.1867

Advertising and Consumer Welfare: Scaling versus Translating

OpenAIRE

Alston, Julian M.; Chalfant, James A.; Piggott, Nicholas E.

1997-01-01

Controversy has surrounded the welfare effects of advertising, mainly concerning the consumer welfare effects. Unfortunately, the measures of consumer welfare effects in most studies have been ad hoc and incorrect. The consumer welfare consequences of advertising can be measured consistently when consumer demand equations are derived from an expenditure function. This is illustrated using the Almost Ideal demand system, which is popular in econometric estimation of food demand systems. An emp...

Analyses of demand response in Denmark

International Nuclear Information System (INIS)

Moeller Andersen, F.; Grenaa Jensen, S.; Larsen, Helge V.; Meibom, P.; Ravn, H.; Skytte, K.; Togeby, M.

2006-10-01

Due to characteristics of the power system, costs of producing electricity vary considerably over short time intervals. Yet, many consumers do not experience corresponding variations in the price they pay for consuming electricity. The topic of this report is: are consumers willing and able to respond to short-term variations in electricity prices, and if so, what is the social benefit of consumers doing so? Taking Denmark and the Nord Pool market as a case, the report focuses on what is known as short-term consumer flexibility or demand response in the electricity market. With focus on market efficiency, efficient allocation of resources and security of supply, the report describes demand response from a micro-economic perspective and provides empirical observations and case studies. The report aims at evaluating benefits from demand response. However, only elements contributing to an overall value are presented. In addition, the analyses are limited to benefits for society, and costs of obtaining demand response are not considered. (au)

Aggregation and Remuneration of Electricity Consumers and Producers for the Definition of Demand-Response Programs

OpenAIRE

Faria, Pedro; Spinola, Joao; Vale, Zita

2016-01-01

The use of distributed generation and demand-response (DR) programs is needed for improving business models, namely concerning the remuneration of these resources in the context of smart grids. In this paper, a methodology is proposed in which a virtual power player aggregates several small-sized resources, including consumers participating in DR programs. The global operation costs resulting from the resource scheduling are minimized. After scheduling the resources in several operation scena...

An analytical approach to activating demand elasticity with a demand response mechanism

International Nuclear Information System (INIS)

Clastres, Cedric; Khalfallah, Haikel

2015-01-01

The aim of this work is to demonstrate analytically the conditions under which activating the elasticity of consumer demand could benefit social welfare. We have developed an analytical equilibrium model to quantify the effect of deploying demand response on social welfare and energy trade. The novelty of this research is that it demonstrates the existence of an optimal area for the price signal in which demand response enhances social welfare. This optimal area is negatively correlated to the degree of competitiveness of generation technologies and the market size of the system. In particular, it should be noted that the value of un-served energy or energy reduction which the producers could lose from such a demand response scheme would limit its effectiveness. This constraint is even greater if energy trade between countries is limited. Finally, we have demonstrated scope for more aggressive demand response, when only considering the impact in terms of consumer surplus. (authors)

Increasing consumer demand for tobacco treatments: Ten design recommendations for clinicians and healthcare systems.

Science.gov (United States)

Woods, Susan Swartz; Jaén, Carlos Roberto

2010-03-01

Health professionals play an important role in addressing patient tobacco use in clinical settings. While there is clear evidence that identifying tobacco use and assisting smokers in quitting affects outcomes, challenges to improve routine, clinician-delivered tobacco intervention persist. The Consumer Demand Initiative has identified simple design principles to increase consumers' use of proven tobacco treatments. Applying these design strategies to activities across the healthcare system, we articulate ten recommendations that can be implemented in the context of most clinical systems where most clinicians work. The recommendations are: (1) reframe the definition of success, (2) portray proven treatments as the best care, (3) redesign the 5A's of tobacco intervention, (4) be ready to deliver the right treatment at the right time, (5) move tobacco from the social history to the problem list, (6) use words as therapy and language that makes sense, (7) fit tobacco treatment into clinical team workflows, (8) embed tobacco treatment into health information technology, (9) make every encounter an opportunity to intervene, and (10) end social disparities for tobacco users. Clinical systems need to change to improve tobacco treatment implementation. The consumer- and clinician-centered recommendations provide a roadmap that focuses on increasing clinician performance through greater understanding of the clinician's role in helping tobacco users, highlighting the value of evidence-based tobacco treatments, employing shared decision-making skills, and integrating routine tobacco treatment into clinical system routines. Published by Elsevier Inc.

Analyses of demand response in Denmark[Electricity market

Energy Technology Data Exchange (ETDEWEB)

Moeller Andersen, F.; Grenaa Jensen, S.; Larsen, Helge V.; Meibom, P.; Ravn, H.; Skytte, K.; Togeby, M.

2006-10-15

Due to characteristics of the power system, costs of producing electricity vary considerably over short time intervals. Yet, many consumers do not experience corresponding variations in the price they pay for consuming electricity. The topic of this report is: are consumers willing and able to respond to short-term variations in electricity prices, and if so, what is the social benefit of consumers doing so? Taking Denmark and the Nord Pool market as a case, the report focuses on what is known as short-term consumer flexibility or demand response in the electricity market. With focus on market efficiency, efficient allocation of resources and security of supply, the report describes demand response from a micro-economic perspective and provides empirical observations and case studies. The report aims at evaluating benefits from demand response. However, only elements contributing to an overall value are presented. In addition, the analyses are limited to benefits for society, and costs of obtaining demand response are not considered. (au)

Electricity demand in Kazakhstan

International Nuclear Information System (INIS)

Atakhanova, Zauresh; Howie, Peter

2007-01-01

Properties of electricity demand in transition economies have not been sufficiently well researched mostly due to data limitations. However, information on the properties of electricity demand is necessary for policy makers to evaluate effects of price changes on different consumers and obtain demand forecasts for capacity planning. This study estimates Kazakhstan's aggregate demand for electricity as well as electricity demand in the industrial, service, and residential sectors using regional data. Firstly, our results show that price elasticity of demand in all sectors is low. This fact suggests that there is considerable room for price increases necessary to finance generation and distribution system upgrading. Secondly, we find that income elasticity of demand in the aggregate and all sectoral models is less than unity. Of the three sectors, electricity demand in the residential sector has the lowest income elasticity. This result indicates that policy initiatives to secure affordability of electricity consumption to lower income residential consumers may be required. Finally, our forecast shows that electricity demand may grow at either 3% or 5% per year depending on rates of economic growth and government policy regarding price increases and promotion of efficiency. We find that planned supply increases would be sufficient to cover growing demand only if real electricity prices start to increase toward long-run cost-recovery levels and policy measures are implemented to maintain the current high growth of electricity efficiency

Regulating Consumer Demand in Insurance Markets

OpenAIRE

Schwarcz, Daniel

2010-01-01

textabstractIn recent years, it has become increasingly clear that Expected Utility Theory (EUT) is a remarkably poor theory of how and why individuals purchase insurance. However, the normative implications of this conclusion have remained largely unexplored. This Article takes up this issue. It argues that many observed deviations from EUT are likely the result of mistakes, in the sense that consumers would act differently than they do if they possessed perfect information and cognitive res...

Mining residential water and electricity demand data in Southern California to inform demand management strategies

Science.gov (United States)

Cominola, A.; Spang, E. S.; Giuliani, M.; Castelletti, A.; Loge, F. J.; Lund, J. R.

2016-12-01

Demand side management strategies are key to meet future water and energy demands in urban contexts, promote water and energy efficiency in the residential sector, provide customized services and communications to consumers, and reduce utilities' costs. Smart metering technologies allow gathering high temporal and spatial resolution water and energy consumption data and support the development of data-driven models of consumers' behavior. Modelling and predicting resource consumption behavior is essential to inform demand management. Yet, analyzing big, smart metered, databases requires proper data mining and modelling techniques, in order to extract useful information supporting decision makers to spot end uses towards which water and energy efficiency or conservation efforts should be prioritized. In this study, we consider the following research questions: (i) how is it possible to extract representative consumers' personalities out of big smart metered water and energy data? (ii) are residential water and energy consumption profiles interconnected? (iii) Can we design customized water and energy demand management strategies based on the knowledge of water- energy demand profiles and other user-specific psychographic information? To address the above research questions, we contribute a data-driven approach to identify and model routines in water and energy consumers' behavior. We propose a novel customer segmentation procedure based on data-mining techniques. Our procedure consists of three steps: (i) extraction of typical water-energy consumption profiles for each household, (ii) profiles clustering based on their similarity, and (iii) evaluation of the influence of candidate explanatory variables on the identified clusters. The approach is tested onto a dataset of smart metered water and energy consumption data from over 1000 households in South California. Our methodology allows identifying heterogeneous groups of consumers from the studied sample, as well as

Characterising Wildlife Trade Market Supply-Demand Dynamics

Science.gov (United States)

Rowcliffe, M.; Cowlishaw, G.; Alexander, J. S.; Ntiamoa-Baidu, Y.; Brenya, A.; Milner-Gulland, E. J.

2016-01-01

The trade in wildlife products can represent an important source of income for poor people, but also threaten wildlife locally, regionally and internationally. Bushmeat provides livelihoods for hunters, traders and sellers, protein to rural and urban consumers, and has depleted the populations of many tropical forest species. Management interventions can be targeted towards the consumers or suppliers of wildlife products. There has been a general assumption in the bushmeat literature that the urban trade is driven by consumer demand with hunters simply fulfilling this demand. Using the urban bushmeat trade in the city of Kumasi, Ghana, as a case study, we use a range of datasets to explore the processes driving the urban bushmeat trade. We characterise the nature of supply and demand by explicitly considering three market attributes: resource condition, hunter behaviour, and consumer behaviour. Our results suggest that bushmeat resources around Kumasi are becoming increasingly depleted and are unable to meet demand, that hunters move in and out of the trade independently of price signals generated by the market, and that, for the Kumasi bushmeat system, consumption levels are driven not by consumer choice but by shortfalls in supply and consequent price responses. Together, these results indicate that supply-side processes dominate the urban bushmeat trade in Kumasi. This suggests that future management interventions should focus on changing hunter behaviour, although complementary interventions targeting consumer demand are also likely to be necessary in the long term. Our approach represents a structured and repeatable method to assessing market dynamics in information-poor systems. The findings serve as a caution against assuming that wildlife markets are demand driven, and highlight the value of characterising market dynamics to inform appropriate management. PMID:27632169

Demand Analysis of Selected Fruits and Vegetables in Oman

Directory of Open Access Journals (Sweden)

A. Omezzine

1998-01-01

Full Text Available Consumer behavior and prospective changes in demand of food product have a significant impact on production and distribution decisions. Consumer responsiveness to changes in prices, income and other demand determinants is very important to production and market decision-makers. The present study estimates demand responses for selected fruits and vegetables in Oman using consumer aggregated national data. The main objective is to generate information needed for making public as well as private decisions. Results indicate that most fruit and vegetable consumers respond to price, and income changes in the expected manner. Responses are different from one commodity to another depending on its nature and importance in the consumer's diet habits. In a few cases income is not a significant determinant of the demand. Moreover, many fruits and vegetables have shown a relationship of substitution and complementary consistent with Omani diet. These results are useful in farmers and distributers to allow them to adjust their production and marketing services according to the consumer’s response.

MODELLING CONSUMERS' DEMAND FOR ORGANIC FOOD PRODUCTS: THE SWEDISH EXPERIENCE

Directory of Open Access Journals (Sweden)

Manuchehr Irandoust

2016-07-01

Full Text Available This paper attempts to examine a few factors characterizing consumer preferences and behavior towards organic food products in the south of Sweden using a proportional odds model which captures the natural ordering of dependent variables and any inherent nonlinearities. The findings show that consumer's choice for organic food depends on perceived benefits of organic food (environment, health, and quality and consumer's perception and attitudes towards labelling system, message framing, and local origin. In addition, high willingness to pay and income level will increase the probability to buy organic food, while the cultural differences and socio-demographic characteristics have no effect on consumer behaviour and attitudes towards organic food products. Policy implications are offered.

Constructive Consumer Choice Processes.

OpenAIRE

Bettman, James R; Luce, Mary Frances; Payne, John W

1998-01-01

Consumer decision making has been a focal interest in consumer research, and consideration of current marketplace trends ( e.g., technological change, an information explosion) indicates that this topic will continue to be critically important. We argue that consumer choice is inherently constructive. Due to limited processing capacity, consumers often do not have well-defined existing preferences, but construct them using a variety of strategies contingent on task demands. After describing c...

An Economic Customer-Oriented Demand Response Model in Electricity Markets

DEFF Research Database (Denmark)

Sharifi, Reza; Anvari-Moghaddam, Amjad; Fathi, S. Hamid

2018-01-01

Consumer choice theory is a branch of microeconomics. This theory relates to adjusting consumption expenditures and consumer demand curve. Consumer choice science is trying to realize the buyer's decision-making process. This science studies customer characteristics, such as behavioral criteria......, to understand the consumer’s need. The concept of price elasticity of demand (PED) has also been derived from this theory. In fact, the PED is the percentage of changes in the amount of demand relative to the price changes. In consumer choice theory, for each consumer according to behavioral criteria, a unique...... demand response (DR) models have been developed based on this concept, this will also be deemed as a disadvantage for them. In this paper, we propose an economic DR model based on economic theories and mathematical methods. In addition to abate the defects of price-elasticity based DR models...

Information Sensitive Consumers and Market Information.

Science.gov (United States)

Price, Linda L.; And Others

1987-01-01

Past research on consumer information has emphasized the effects of informed consumers of the provision of goods by sellers. This paper examines the effects of informed consumers on other consumers' product choices. These are demand-side effects. Directions for research are outlined. Author/CH)

Optimised control and pipe burst detection by water demand forecasting

NARCIS (Netherlands)

Bakker, M.

2014-01-01

Water demand forecasting The total water demand in an area is the sum of the water demands of all individual domestic and industrial consumers in that area. These consumers behave in repetitive daily, weekly and annual patterns, and the same repetitive patterns can be observed in the drinking water

Food prices and consumer demand: differences across income levels and ethnic groups.

Directory of Open Access Journals (Sweden)

Cliona Ni Mhurchu

Full Text Available BACKGROUND: Targeted food pricing policies may improve population diets. To assess their effects on inequalities, it is important to determine responsiveness to price changes across income levels and ethnic groups. OBJECTIVE: Our goal was to estimate price elasticity (PE values for major commonly consumed food groups in New Zealand, by income and ethnicity. PE values represent percentage change in demand associated with 1% change in price of that good (own-PE or another good (cross-PE. DESIGN: We used food expenditure data from national household economic surveys in 2007/08 and 2009/10 and Food Price Index data from 2007 and 2010. Adopting an Almost Ideal Demand System approach, own-PE and cross-PE estimates were derived for 24 food categories, household income quintiles, and two ethnic groups (Māori and non-Māori. RESULTS: Own-PE estimates (with two exceptions ranged from -0.44 to -1.78. Cross-PE estimates were generally small; only 31% of absolute values were greater than 0.10. Excluding the outlier 'energy drinks', nine of 23 food groups had significantly stronger own-PEs for the lowest versus highest income quintiles (average regression-based difference across food groups -0.30 (95% CI -0.62 to 0.02. Six own-PEs were significantly stronger among Māori; the average difference for Māori: non-Māori across food groups was -0.26 (95% CI -0.52 to 0.00. CONCLUSIONS: Food pricing policies have potential to improve population diets. The greater sensitivity of low-income households and Māori to price changes suggests the beneficial effects of such policies on health would be greatest for these groups.

Probabilistic Quantification of Potentially Flexible Residential Demand

DEFF Research Database (Denmark)

Kouzelis, Konstantinos; Mendaza, Iker Diaz de Cerio; Bak-Jensen, Birgitte

2014-01-01

The balancing of power systems with high penetration of renewable energy is a serious challenge to be faced in the near future. One of the possible solutions, recently capturing a lot of attention, is demand response. Demand response can only be achieved by power consumers holding loads which allow...... them to modify their normal power consumption pattern, namely flexible consumers. However flexibility, despite being constantly mentioned, is usually not properly defined and even rarer quantified. This manuscript introduces a methodology to identify and quantify potentially flexible demand...

Economic information from Smart Meter: Nexus Between Demand Profile and Electricity Retail Price Between Demand Profile and Electricity Retail Price

OpenAIRE

Yu, Yang; Liu, Guangyi; Zhu, Wendong; Wang, Fei; Shu, Bin; Zhang, Kai; Rajagopal, Ram; Astier, Nicolas

2016-01-01

In this paper, we demonstrate that a consumer's marginal system impact is only determined by their demand profile rather than their demand level. Demand profile clustering is identical to cluster consumers according to their marginal impacts on system costs. A profile-based uniform-rate price is economically efficient as real-time pricing. We develop a criteria system to evaluate the economic efficiency of an implemented retail price scheme in a distribution system by comparing profile cluste...

Does Knowledge Contribute to the Acceptance of Demand Response?

Directory of Open Access Journals (Sweden)

Salla Annala

2014-03-01

Full Text Available More flexible demand side would benefit the electricity markets, networks and sustainable power generation in many ways. The success of demand response programs, however, relies on consumer acceptance. This paper reviews previous studies about acceptability of different kinds of residential demand response programs. Furthermore, it discusses whether consumers who are more aware of the principles and benefits of demand response have more positive attitudes towards demand response programs. The results of the literature review and two survey studies suggest that price and security of supply are currently bigger motives to change consumption behaviour than environmental issues and that the savings expected to trigger any action (and to lead to lasting change in behaviour may be relatively high. Therefore, the framing of demand response programs goals may affect the acceptance. Additionally, consumers seem to prefer simple price structures that remain constant for a long time to more dynamic options.

Consumer trends and prefences in the demand for food

OpenAIRE

Lappo, Alena; Bjørndal, Trond; Fernandez-Polanco, Jose; Lem, Audun

2013-01-01

The objective of this report is to analyse the major tastes and preferences of consumers in food consumption, as well as expected changes in these over time. We identify five important consumer trends and purchase drivers: food safety and health benefits; corporate social responsibility; production systems and innovations; sustainability; and food origin. For each of these trends we will consider relevant actions that are being implemented by governments, non-governmental organisations (NGOs)...

EIA projections of coal supply and demand

International Nuclear Information System (INIS)

Klein, D.E.

1989-01-01

Contents of this report include: EIA projections of coal supply and demand which covers forecasted coal supply and transportation, forecasted coal demand by consuming sector, and forecasted coal demand by the electric utility sector; and policy discussion

Demand forecasting: methodology used to electric power consumers for irrigation

International Nuclear Information System (INIS)

Gangi, R.D.; Atmann, J.L.

1989-01-01

The utilization of load curves on the evaluation of systems behaviour, consumers and in the owners and users brought a new subsidy for the performance of forecast techniques. This paper shows how we can use these forecasting techniques and load curves in a specify situation joined to Guaira Substation, where the predominance is rural consumers with large activities in irrigation. The main objective of this study is bring by load curve modulation and the expansion of consumer market, a optimized view of load for the future years. (C.G.C.)

The demand for consumer health information.

Science.gov (United States)

Wagner, T H; Hu, T W; Hibbard, J H

2001-11-01

Using data from an evaluation of a community-wide informational intervention, we modeled the demand for medical reference books, telephone advice nurses, and computers for health information. Data were gathered from random household surveys in Boise, ID (experimental site), Billings, MT, and Eugene, OR (control sites). Conditional difference-in-differences show that the intervention increased the use of medical reference books, advice nurses, and computers for health information by approximately 15, 6, and 4%. respectively. The results also suggest that the intervention was associated with a decreased reliance on health professionals for information.

Food Prices and Consumer Demand: Differences across Income Levels and Ethnic Groups

Science.gov (United States)

Ni Mhurchu, Cliona; Eyles, Helen; Schilling, Chris; Yang, Qing; Kaye-Blake, William; Genç, Murat; Blakely, Tony

2013-01-01

Background Targeted food pricing policies may improve population diets. To assess their effects on inequalities, it is important to determine responsiveness to price changes across income levels and ethnic groups. Objective Our goal was to estimate price elasticity (PE) values for major commonly consumed food groups in New Zealand, by income and ethnicity. PE values represent percentage change in demand associated with 1% change in price of that good (own-PE) or another good (cross-PE). Design We used food expenditure data from national household economic surveys in 2007/08 and 2009/10 and Food Price Index data from 2007 and 2010. Adopting an Almost Ideal Demand System approach, own-PE and cross-PE estimates were derived for 24 food categories, household income quintiles, and two ethnic groups (Māori and non-Māori). Results Own-PE estimates (with two exceptions) ranged from −0.44 to −1.78. Cross-PE estimates were generally small; only 31% of absolute values were greater than 0.10. Excluding the outlier ‘energy drinks’, nine of 23 food groups had significantly stronger own-PEs for the lowest versus highest income quintiles (average regression-based difference across food groups −0.30 (95% CI −0.62 to 0.02)). Six own-PEs were significantly stronger among Māori; the average difference for Māori: non-Māori across food groups was −0.26 (95% CI −0.52 to 0.00). Conclusions Food pricing policies have potential to improve population diets. The greater sensitivity of low-income households and Māori to price changes suggests the beneficial effects of such policies on health would be greatest for these groups. PMID:24098408

Demand Response in Smart Grids

DEFF Research Database (Denmark)

Hansen, Jacob; Knudsen, Jesper Viese; Annaswamy, Anuradha M.

2014-01-01

In recent decades, moves toward higher integration of Renewable Energy Resources have called for fundamental changes in both the planning and operation of the overall power grid. One such change is the incorporation of Demand Response (DR), the process by which consumers can adjust their demand...

Demand for mini cars and large cars; decay effects, and gasoline demand in Japan

International Nuclear Information System (INIS)

Bonilla, David; Schmitz, Klaus E.; Akisawa, Atsushi

2012-01-01

This article explains why: (a) consumers underinvest in new car fuel economy by opting to buy large vehicles; (b) macro shifts in vehicle classes have occurred in the last decades; and how (c) the effects of vehicle fuel economy and shifts in vehicle type influence the growth path of gasoline demand, which is the key to designing effective energy efficiency goals for transport. From 2008, 1.9 EXJ (Exajoules) of energy were consumed in Japan by private vehicles producing 124 MtCO 2 emissions. For the period 1980 to 2008, we estimated: (1) gasoline demand for three vehicle sizes; (2) vehicle sales; (3) new car fuel economy changes (the ‘real’ technical change); and (4) vehicle stocks. Using a data sample for 1980–2008 we found that: (a) in the short term consumers buy fuel economy, that is sales of mini and small cars increase, but this is not sustained in the long term: and (b) consumers increasingly traded in their cars for larger cars. A further finding was that gasoline demand is projected to increase to 2.3 EXJ by 2035, even with a growing number of mini cars. The policy implication is clear: Japan’s policy to reduce oil dependency to 80% by 2030 is in peril as long as buyers prefer larger cars and drive ever longer distances.

The demand of guava in Colombia

Directory of Open Access Journals (Sweden)

Julio César Alonso-Cifuentes

2017-01-01

Full Text Available In Colombia, no systematic work have been carried out to determine the demand for fruits beyond descriptive analysis of per capita consumption according to different individual socioeconomic characteristics and much less for a specific product such as guava, Psidium guajava L. (Myrtaceae. This paper estimates the relationship between guava prices and the demand of guava in Colombia. We found that guava consumption is not affected by its price and its demand is highly correlated to income. While socio-economic characteristics such as income, education and household head labor affect the decision-making for consuming guava, other characteristics such as race and the number of household members determine the quantity of guava consumed in a Colombian household.

Consumers' Attitudes Toward Printed Green Advertising : A study of attitudes among Swedish consumers

OpenAIRE

Ekström, Amanda; Gustafsson, Niclas

2012-01-01

Introduction With the increased interest and awareness toward environmental issues among Swedish consumers, their demands on what constitutes value in advertisements have also changed. Advertising-in-general is often regarded as a rather unwelcomed intrusion and a source of irritation by consumers and a common reason is that many advertisers have overdramatized or even spread false claims about products, causing great skepticism among consumers. With the increase of environmentally minded con...

Uranium supply and demand

Energy Technology Data Exchange (ETDEWEB)

Spriggs, M J

1976-01-01

Papers were presented on the pattern of uranium production in South Africa; Australian uranium--will it ever become available; North American uranium resources, policies, prospects, and pricing; economic and political environment of the uranium mining industry; alternative sources of uranium supply; whither North American demand for uranium; and uranium demand and security of supply--a consumer's point of view. (LK)

Estimating Reduced Consumption for Dynamic Demand Response

Energy Technology Data Exchange (ETDEWEB)

Chelmis, Charalampos [Univ. of Southern California, Los Angeles, CA (United States); Aman, Saima [Univ. of Southern California, Los Angeles, CA (United States); Saeed, Muhammad Rizwan [Univ. of Southern California, Los Angeles, CA (United States); Frincu, Marc [Univ. of Southern California, Los Angeles, CA (United States); Prasanna, Viktor K. [Univ. of Southern California, Los Angeles, CA (United States)

2015-01-30

Growing demand is straining our existing electricity generation facilities and requires active participation of the utility and the consumers to achieve energy sustainability. One of the most effective and widely used ways to achieve this goal in the smart grid is demand response (DR), whereby consumers reduce their electricity consumption in response to a request sent from the utility whenever it anticipates a peak in demand. To successfully plan and implement demand response, the utility requires reliable estimate of reduced consumption during DR. This also helps in optimal selection of consumers and curtailment strategies during DR. While much work has been done on predicting normal consumption, reduced consumption prediction is an open problem that is under-studied. In this paper, we introduce and formalize the problem of reduced consumption prediction, and discuss the challenges associated with it. We also describe computational methods that use historical DR data as well as pre-DR conditions to make such predictions. Our experiments are conducted in the real-world setting of a university campus microgrid, and our preliminary results set the foundation for more detailed modeling.

Consumer-led demand side financing in health and education and its relevance for low and middle income countries.

Science.gov (United States)

Ensor, Tim

2004-01-01

There is increasing awareness that supply subsidies for health and education services often fail to benefit those that are most vulnerable in a community. This recognition has led to a growing interest in and experimentation with, consumer-led demand side financing systems (CL-DSF). These mechanisms place purchasing power in the hands of consumers to spend on specific services at accredited facilities. International evidence in education and health sectors suggest a limited success of CL-DSF in raising the consumption of key services amongst priority groups. There is also some evidence that vouchers can be used to improve targeting of vulnerable groups. There is very little positive evidence on the effect of CL-DSF on service quality as a consequence of greater competition. Location of services relative to population means that areas with more provider choice, particularly in the private sector, tend to be dominated by higher and middle-income households. Extending CL-DSF in low-income countries requires the development of capacity in administering these financing schemes and also accrediting providers. Schemes could focus primarily on fixed packages of key services aimed at easily identifiable groups. Piloting and robust evaluation is required to fill the evidence gap on the impact of these mechanisms. Extending demand financing to less predictable services, such as hospital coverage for the population, is likely to require the development of a voucher scheme to purchase insurance. This suggests an already developed insurance market and is unlikely to be appropriate in most low-income countries for some time.

Consumer demand : e-commerce or traditional technologies

OpenAIRE

Burinskienė, Aurelija; Burinskas, Arūnas

2012-01-01

The application of e-commerce technologies is associated with more efficient purchasing system. The research combines both: the application of e-commerce technologies by consumers and economic efficiency of such application. The research is aimed to propose profile, which can be used to identify cases when it is worth enough to choose e-commerce technologies instead of traditional ones. The paper presents new cash-flow model, which can be applied to evaluate efficiency when e-commerce technol...

Heterogeneity in Consumer Demands and the Income Effect

DEFF Research Database (Denmark)

Christensen, Mette

2014-01-01

This paper uses unique Spanish panel data on household expenditures to test whether unobservable heterogeneity in household demands (taste, etc.) is correlated with total expenditures (income). The main finding is that tastes are indeed correlated with income for about half of the goods considere....... For transportation, the bias is sufficiently large to misclassify the good as a luxury.......This paper uses unique Spanish panel data on household expenditures to test whether unobservable heterogeneity in household demands (taste, etc.) is correlated with total expenditures (income). The main finding is that tastes are indeed correlated with income for about half of the goods considered......, implying that cross-sectional estimates of income elasticities for these goods are biased. The goods are the following: food eaten outside home, alcohol and tobacco, transportation, and energy. The elasticity of alcohol and tobacco is more than halved when taking unobserved heterogeneity into account...

Investor response to consumer elasticity

International Nuclear Information System (INIS)

Grenaa Jensen, Stine; Meibom, Peter; Ravn, H.F.; Straarup, Sarah

2004-01-01

In the Nordic electricity system there is considerable uncertainty with respect to the long-term development in production capacity. The process towards liberalisation of the electricity sector started in a situation with a large reserve margin, but this margin is gradually vanishing. Since the potential investors in new production capacity are unaccustomed with investments under the new regime it is unknown if and when investments will take place. The electricity price is the key market signal to potential investors. The price is settled as a balance between supply and demand, and it is generally assumed that the demand side has an important role in this, and increasingly so. However, since consumers have not earlier had the incentive to respond to electricity prices, no reliable estimate of demand elasticity is known. The purpose of the present study is to analyse the role of electricity demand elasticity for investments in new electricity production capacity. Electricity price scenarios generated with a partial equilibrium model (Balmorel) are combined with a model of investment decisions. In this, various scenarios concerning the development in the demand elasticity are used. The simulated investment decisions are taken in a stochastic, dynamic setting, where a key point is the timing of the investment decision in relation to the gathering of new information relative to the stochastic elements. Based on this, the consequences of the development in consumer price elasticity for investments in a base load and a peak load plant are investigated. The main result of the analysis is that peak load investments can be made unprofitable by the development in consumer price elasticity, such that an investor will tend to wait with his peak load investment, until the development in consumer price elasticity has been revealed. (au)

Maximum power demand cost

International Nuclear Information System (INIS)

Biondi, L.

1998-01-01

The charging for a service is a supplier's remuneration for the expenses incurred in providing it. There are currently two charges for electricity: consumption and maximum demand. While no problem arises about the former, the issue is more complicated for the latter and the analysis in this article tends to show that the annual charge for maximum demand arbitrarily discriminates among consumer groups, to the disadvantage of some [it

基于互联网社区的消费者需求信息采集策略%Strategies of Consumer Demand Information Acquisition Based on Internet Community

Institute of Scientific and Technical Information of China (English)

徐颖; 李倩

2011-01-01

从互联网社区参与者角色——社区建设者、主题发布者、话题讨论者出发，提出企业在互联网社区上采集消费者需求信息的基本方针，分析在互联网社区上消费者需求信息表现形式的转化过程，构建在互联网社区上采集消费者需求信息的具体路线，以此为企业制定在互联网社区上采集消费者需求信息策略提供借鉴。%From the roles of Interact community participants—— the community constructor, the subject promulgator and the topic discusser, the paper proposes the basic acquisition policies for consumer demand information on the Internet community. It analyzes the conversion process of the forms of the consumer demand information, and constructs the concrete routes of gathering the information on the Internet community. It provides the reference to develop strategies of consumer demand information acquisition for enterprises.

Marketing analysis of the demand for housing under construction in Chelyabinsk

Directory of Open Access Journals (Sweden)

Trofimenko Elena Jur'evna

2015-04-01

Full Text Available In the article the urgency of studying the demand for housing under construction in Chelyabinsk, studied Rosreestra data on quantity of completed contracts for the purchase of property, assess the current state of the real estate market in Chelyabinsk; consumer demand in the property market in Chelyabinsk (size, structure; socio-demographic characteristics of consumers of residential property; consumer preferences when buying a residential property.

Fuel switching? Demand destruction? Gas market responses to price spikes

International Nuclear Information System (INIS)

Lippe, D.

2004-01-01

This presentation defined fuel switching and addressed the issue regarding which consumers have the capability to switch fuels. In response to short term price aberrations, consumers with fuel switching capabilities reduce their use of one fuel and increase consumption of an alternative fuel. For example, natural gas consumption by some consumers declines in response to price spikes relative to prices of alternative fuels. This presentation also addressed the issue of differentiating between fuel switching and demand destruction. It also demonstrated how to compare gas prices versus alternative fuel prices and how to determine when consumers will likely switch fuels. Price spikes have implications for long term trends in natural gas demand, supply/demand balances and prices. The power generating sector represents a particular class of gas consumers that reduce operating rates of gas fired plants and increase operating rates of other plants. Some gas consumers even shut down plants until gas prices declines and relative economies improve. Some practical considerations for fuel switching include storage tank capacity, domestic refinery production, winter heating season, and decline in working gas storage. tabs., figs

Distributed Demand Side Management with Battery Storage for Smart Home Energy Scheduling

Directory of Open Access Journals (Sweden)

Omowunmi Mary Longe

2017-01-01

Full Text Available The role of Demand Side Management (DSM with Distributed Energy Storage (DES has been gaining attention in recent studies due to the impact of the latter on energy management in the smart grid. In this work, an Energy Scheduling and Distributed Storage (ESDS algorithm is proposed to be installed into the smart meters of Time-of-Use (TOU pricing consumers possessing in-home energy storage devices. Source of energy supply to the smart home appliances was optimized between the utility grid and the DES device depending on energy tariff and consumer demand satisfaction information. This is to minimize consumer energy expenditure and maximize demand satisfaction simultaneously. The ESDS algorithm was found to offer consumer-friendly and utility-friendly enhancements to the DSM program such as energy, financial, and investment savings, reduced/eliminated consumer dissatisfaction even at peak periods, Peak-to-Average-Ratio (PAR demand reduction, grid energy sustainability, socio-economic benefits, and other associated benefits such as environmental-friendliness.

Pattern of Demand For Money

Directory of Open Access Journals (Sweden)

Ahmad Berlian

2017-12-01

Full Text Available In the activity of the modern economy, the availability of money as a means of transaction is very important, because with the money as a means to pay consumers can easily to get the basic material needs are required, the manufacturer can provide the raw materials of labor for production, and distributors can obtain a variety of merchandise to be delivered at the end consumer. The pattern of use of money is influenced by the attitude of the public in the transaction. Researchers assume, that there are differences among communities, either by group differences in income, educational differences, ethnic differences, differences in profession, and perhaps even religious differences embraced. So as to provide information to the monetary authorities, to enrich the theory of demand for money based economic agents in Indonesia, and for the application of the theory of demand for money, the researchers felt the need to study patterns of use of money. Qualitative research, in addition to knowing whether the variables that affect the demand for money as the above theory is still relevant for economic actors in Indonesia at this time, or even are new variables, as well as the motive of money demand. Keywords: Demand for money, Keynes Theory, qualitative method

USSR Report, Consumer Goods and Domestic Trade, No. 35

National Research Council Canada - National Science Library

1982-01-01

PARTIAL CONTENTS: CONSUMER GOODS PRODUCTION AND DISTRIBUTION - Deputy Gosplan Chairman Lakhtin on Consumer Demand, Consumer Co-ps and State Trade Urged To Improve Service, Stepped Up Light Industry Construction Urged...

Elasticities of electricity demand in urban Indian households

International Nuclear Information System (INIS)

Filippini, Massimo; Pachauri, Shonali

2004-01-01

In the past, several electricity demand studies have been published for India based on aggregate macro data at the country or sub-national/state level. Since the underlying theory of consumer demand is based on the behaviour of individual agents, the use of micro data, which reflects individual and household behaviour, more closely, can shed greater light on the nature of consumer responses. In this paper, seasonal price and income elasticities of electricity demand in the residential sector of all urban areas of India are estimated for the first time using disaggregate level survey data for about 30,000 households. Three electricity demand functions have been econometrically estimated using monthly data for the winter, monsoon and summer season in order to understand the extent to which factors like income, prices, household size and other household specific characteristics, influence variations observed in individual households' electricity demand. The results show electricity demand is income and price inelastic in all three seasons, and that household, demographic and geographical variables are significant in determining electricity demand

Health Branding in the Consumer Food Marketplace

DEFF Research Database (Denmark)

Hansen, Torben; Uth Thomsen, Thyra; Beckmann, Suzanne C.

2014-01-01

An increasing complexity in the food marketplace makes healthy food choices more difficult for consumers. Several studies suggest that consumers therefore seem to rely on heuristics instead of computing all product attributes. Based on a survey (n=504) covering three different food products, four...... competency, and postpurchase stress are able to explain a substantial proportion of the variance in demand for food health branding....... consumer segments with different levels of demand for food health branding were identified. The results suggest that discriminating constructs such as product-specific food health information seeking, general food health involvement, product-specific food health involvement, product-specific food health...

Consumer-oriented functional food development: how well do functional disciplines reflect the 'voice of the consumer'?

NARCIS (Netherlands)

Kleef, van P.W.; Trijp, van J.C.M.; Luning, P.A.; Jongen, W.M.F.

2002-01-01

Food innovation can have its source in either superior understanding of consumer demand (pull) or in superiority at the supply side (science and technology push). However, in either case market success depends on the degree to which the new product reflects unmet consumer needs. The present study

The perspective of organic wine in Brazil – trends, demands and production

Directory of Open Access Journals (Sweden)

Araujo Marcos Vinícius

2017-01-01

Full Text Available This work aims to analyze the productive reality and propose a panorama for the Brazilian organic wine production, from the perspective of producers, representatives of the sector, market and consumers, thus seeking to highlight the market perspectives and adequacy to the consumers' aspirations. This production that aims to meet a growing demand for sustainable products, which include organic, biodynamic and natural foods, combined with the growing Brazilian tendency to consume better quality wines. To prosecute this study, an exploratory research was developed, interviewing twenty consumers, one intermediary, one representative of the sector and four wineries. The data were analyzed crossing the information collected with these actors and bring out key contents. The results show that production is not aligned with consumer demand that it is still necessary to review the information made available to consumers, in addition to making it clearer, other values could be aggregated to those products or better communicated. On this way, it is possible to conclude that an intermediate product between organic and conventional, which has sustainable practices in its production could meet the current demand, so that in the future it can produce an organic product that corresponds to the consumer's demand.

Cost-reflective electricity pricing: Consumer preferences and perceptions

International Nuclear Information System (INIS)

Hall, Nina L.; Jeanneret, Talia D.; Rai, Alan

2016-01-01

In Australia, residential electricity peak demand has risen steeply in recent decades, leading to higher prices as new infrastructure was needed to satisfy demand. One way of limiting further infrastructure-induced retail price rises is via ‘cost-reflective’ electricity network pricing that incentivises users to shift their demand to non-peak periods. Empowering consumers with knowledge of their energy usage is critical to maximise the potential benefits of cost-reflective pricing. This research consulted residential electricity consumers in three Australian states on their perceptions and acceptance of two cost-reflective pricing scenarios (Time-of-Use and Peak Capacity pricing) and associated technologies to support such pricing (smart meters, in-home displays and direct load control devices). An energy economist presented information to focus groups on the merits and limitations of each scenario, and participants’ views were captured. Almost half of the 53 participants were agreeable to Time-of-Use pricing, but did not have a clear preference for Peak Capacity pricing, where the price was based on the daily maximum demand. Participants recommended further information to both understand and justify the potential benefits, and for technologies to be introduced to enhance the pricing options. The results have implications for utilities and providers who seek to reduce peak demand. - Highlights: •Electricity price rises can be limited by ‘cost-reflective’ pricing. •We consulted residential electricity consumers on Time-of-Use and Peak Capacity pricing. •Understanding of peak electricity demand must increase to enable demand shift. •Interactive website could enable consumers to evaluate pricing options. •Smart meter adoption may increase if voluntary and includes an in-home display.

A Theory of the Perturbed Consumer with General Budgets

DEFF Research Database (Denmark)

McFadden, Daniel L; Fosgerau, Mogens

We consider demand systems for utility-maximizing consumers facing general budget constraints whose utilities are perturbed by additive linear shifts in marginal utilities. Budgets are required to be compact but are not required to be convex. We define demand generating functions (DGF) whose...... subgradients with respect to these perturbations are convex hulls of the utility-maximizing demands. We give necessary as well as sufficient conditions for DGF to be consistent with utility maximization, and establish under quite general conditions that utility-maximizing demands are almost everywhere single......-valued and smooth in their arguments. We also give sufficient conditions for integrability of perturbed demand. Our analysis provides a foundation for applications of consumer theory to problems with nonlinear budget constraints....

Demand response power system optimization in presence of renewable energy sources

Directory of Open Access Journals (Sweden)

Dumbrava Virgil

2017-07-01

Full Text Available This paper optimizes the price-based demand response of a large customer in a power system with stochastic production and classical fuel-supplied power plants. The implemented method of optimization, under uncertainty, is helpful to model both the utility functions for the consumers and their technical limitations. The consumers exposed to price-based demand can reduce their cost for electricity procurement by modifying their behavior, possibly shifting their consumption during the day to periods with low electricity prices. The demand is considered elastic to electricity price if the consumer is willing and capable to buy various amounts of energy at different price levels, the demand function being represented as purchasing bidding blocks. The demand response is seen also by the scientific literature as a possible source of the needed flexibility of modern power systems, while the flexibility of conventional generation technologies is restricted by technical constraints, such as ramp rates. This paper shows how wind power generation affects short term operation of the electricity system. Fluctuations in the amount of wind power fed into the grid require, without storage capacities, compensating changes in the output of flexible generators or in the consumers’ behavior. In the presented case study, we show the minimization of the overall costs in presence of stochastic wind power production. For highlighting the variability degree of production from renewable sources, four scenarios of production were formulated, with different probabilities of occurrence. The contribution brought by the paper is represented by the optimization model for demand-response of a large customer in a power system with fossil fueled generators and intermittent renewable energy sources. The consumer can reduce the power system costs by modifying his demand. The demand function is represented as purchasing bidding blocks for the possible price forecasted realizations

Fuel demand in Brazil in a dynamic panel data approach

International Nuclear Information System (INIS)

Santos, Gervásio F.

2013-01-01

The purpose of this paper is to evaluate the sensitivity of fuel consumers regarding price and income, taking recent changes in the Brazilian fuel market into account. In this market, new market rules, energy policy towards fuel diversification and introduction of flex-fuel engines have determined fuel competition among gasoline, ethanol and compressed natural gas. Using a dynamic panel data model, demand equations for these three fuels are econometrically estimated to obtain consumer adjustment coefficients, price, cross-price and income elasticities in the short and long-run. In addition, the effect of the introduction of flex-fuel engines in the market and the rationality of consumers towards efficiency constraints of the engines were tested. Apart from considerable competition, results show that the dynamics of the Brazilian fuel market revolves around ethanol instead of gasoline. While demands for gasoline and natural gas are inelastic to price, demand for ethanol is elastic in Brazil. Furthermore, after the introduction of the flex-fuel technology the sensitivity of consumers to fuel prices changed, and ethanol consumers take efficiency constrains into account when ethanol prices reach the threshold of 70% of gasoline prices. - Highlights: ► Fuel demand in Brazil is evaluated, considering the changes in the fuel market. ► A dynamic panel data model is used to fit demand equations for fuels. ► Adjustment coefficients, price, cross-price and income elasticities are estimated. ► The impact of flex-fuel technology on the consumer behavior is tested. ► The results showed that the dynamic of the fuel market revolves around ethanol. ► The flex-fuel technology increased the competition among fuels

Wine and culinary tourism: Preferences of experiential consumers

Directory of Open Access Journals (Sweden)

Schamel Guenter H.

2017-01-01

Full Text Available We explore the key components of consumer demand for the development of a successful wine and culinary tourism segment. In particular, we investigate the demand preferences that are important to consumers interested in a wine and culinary related hotel stay in South Tyrol. Conceptually, we utilize the 4E-Model of experiential consumption by Pine & Gilmore [1, 2] and propose that the four realms of an experience (i.e., entertainment, education, escapist, and aesthetic relate to the principal components of consumer preferences. We survey potential tourists to gain a better understanding of their demand preferences for culinary and wine related hotel stays. Using an exploratory factor analysis, we identify the principal components of consumer demand preferences. The most preferred demand feature of a culinary wine experience relates to informative entertainment. The second feature relates to social-cultural activities that are educating. The third are escapist wine and food-specific activities and the forth relates to the aesthetics of accommodation traits and style in the culinary and wine domain. Moreover, we study the current supply attributes of wine and culinary related hotel offer in South Tyrol and their pricing using a hedonic model. Attributes that provide an entertainment experience form the basis of any offer in the wine and culinary domain. Attributes that provide an educational experience are highly relevant and add will a significant price premium. Matching demand preferences and supply conditions is crucial in developing a successful culinary and wine related tourism segment.

Consumers and experts. An econometric analysis of the demand for water heaters

International Nuclear Information System (INIS)

Van Soest, A.; Bartels, R.; Fiebig, D.G.

2003-01-01

Consumers can accumulate product information on the basis of a combination of searching, product advertising and expert advice. Examples of experts who provide product information include doctors advising patients on treatments, motor mechanics diagnosing car problems and recommending repairs, accountants recommending investment strategies, and plumbers making recommendations on alternative water heaters. In each of these examples, the transactions involve the sale of goods and services where the seller is at the same time an expert providing advice on the amount and type of product or service to be purchased. In the case of water heaters, the plumber advising a consumer on their choice of water heater will most likely also install the appliance. Because of the information asymmetry there is potentially a strategic element in the transmission of information from expert to consumer. This paper reports on an econometric investigation of the factors that determine the choices made by consumers and the recommendations made by plumbers and the extent to which plumbers act in the best interests of their customers. The empirical work is made possible by the availability of stated preference data generated by designed experiments involving separate samples of Australian consumers and plumbers. We find some evidence that plumbers have higher preferences than consumers for heater characteristics that increase their profit margin

Basic analysis on the load management in consumer section

Energy Technology Data Exchange (ETDEWEB)

Tezuka, Tetsuo; Nishikawa, Eiichi

1988-05-01

The load management of the energy (electric power, gas and oil products) in consumer section means to move demand characteristics in desirable directions. The demand characteristics are represented by the energy consumption characteristics along time and their annual sum. The load management is analyzed here from a more practical point of view. As the total thermal demand has been fixed to some extent from the aspect of a total system, the trade-off occurs among objectives of industries. For the quantitative consistency, the model analysis is effective. Changes in the consumers' attitude have been observed as indicated by the cogeneration, heat storage technology and automatic energy management by consumers. Techniques for changing the demand characteristics include the charging system, financial aids for equipment installation, favorable provisions in taxation, law revision and marketing. Stable supply and improved consumption are the future tasks. (2 figs, 6 tabs, 28 refs)

Retailer brand architecture and consumer perceptions

DEFF Research Database (Denmark)

Esbjerg, Lars; Stacey, Julia

2006-01-01

Which assortment of products and services should retailers offer consumers? Which foods can be deleted from the present assortment? Which brands do retailers have to have in their assortment to satisfy consumer demands? These are a few of the questions food retailers continuously strive to answer...

Conceptual framework for load controlling : with demand reduction bidding & consumer retention

NARCIS (Netherlands)

Babar, M.; Ahamed, I.; Al-Ammar, E.A.

2013-01-01

Advancement in demand side management strategies enables smart grid to cope with the increasing energy demand and provide economic benefit to all of its stakeholders. Moreover, emerging concept of smart pricing and advances in load control and communication generate new business opportunities as a

Reducing Electricity Demand Peaks by Scheduling Home Appliances Usage

DEFF Research Database (Denmark)

Rossello Busquet, Ana; Kardaras, Georgios; Iversen, Villy Bæk

2011-01-01

Nowadays there is a tendency to consume electricity during the same period of the day leading to demand peaks. Regular energy consumption habits lead to demand peaks at specific temporal intervals, because users consume power at the same time. In order to avoid demand peaks, users’ appliances...... should consume electricity in a more temporarily distributed way. A new methodology to schedule the usage of home appliances is proposed and analyzed in this paper. The main concept behind this approach is the aggregation of home appliances into priority classes and the definition of a maximum power...... consumption limit, which is not allowed to be exceeded during peak hours. The scenario simulated describes a modern household, where the electrical devices are classified in low and high priority groups. The high priority devices are always granted power in order to operate without temporal restrictions...

A distributed algorithm for demand-side management: Selling back to the grid.

Science.gov (United States)

Latifi, Milad; Khalili, Azam; Rastegarnia, Amir; Zandi, Sajad; Bazzi, Wael M

2017-11-01

Demand side energy consumption scheduling is a well-known issue in the smart grid research area. However, there is lack of a comprehensive method to manage the demand side and consumer behavior in order to obtain an optimum solution. The method needs to address several aspects, including the scale-free requirement and distributed nature of the problem, consideration of renewable resources, allowing consumers to sell electricity back to the main grid, and adaptivity to a local change in the solution point. In addition, the model should allow compensation to consumers and ensurance of certain satisfaction levels. To tackle these issues, this paper proposes a novel autonomous demand side management technique which minimizes consumer utility costs and maximizes consumer comfort levels in a fully distributed manner. The technique uses a new logarithmic cost function and allows consumers to sell excess electricity (e.g. from renewable resources) back to the grid in order to reduce their electric utility bill. To develop the proposed scheme, we first formulate the problem as a constrained convex minimization problem. Then, it is converted to an unconstrained version using the segmentation-based penalty method. At each consumer location, we deploy an adaptive diffusion approach to obtain the solution in a distributed fashion. The use of adaptive diffusion makes it possible for consumers to find the optimum energy consumption schedule with a small number of information exchanges. Moreover, the proposed method is able to track drifts resulting from changes in the price parameters and consumer preferences. Simulations and numerical results show that our framework can reduce the total load demand peaks, lower the consumer utility bill, and improve the consumer comfort level.

The power to choose. Demand response in liberalized electricity markets

International Nuclear Information System (INIS)

2003-01-01

Highly volatile electricity prices are becoming a more frequent and unwanted characteristic of modern electricity wholesale markets. But low demand elasticity, mainly the result of a lack of incentives and consumers' inability to control demand, means that consumer behaviour is not reflected in the cost of energy. This study analyses the impact of price-responsive demand and shows how pricing, policy and technology can be used to inform consumer behaviour and choice. Informed choice and market-based valuation of electricity supply will ensure liberalized markets are competitive, efficient, less volatile and able to provide long term security of supply. Significant benefits will occur even if only 5% of customers become responsive to price-incentives and information. And customers will respond to well designed programs, thereby developing a role in ensuring efficient price formulation for electricity. This study analyses the economic, efficiency and security benefits and identifies the changes in electricity tariffs and the network infrastructure needed to achieve greater demand response

Integration of Large-scale Consumers in Smart Grid

DEFF Research Database (Denmark)

Rahnama, Samira

A prominent feature of the smart grid is to involve the consumer side in balancing effort, rather than placing the entire burden of maintaining this balance on the producers. This thesis investigates the utilization of flexible consumers in the future smart grid. The focus of this work is on indu......A prominent feature of the smart grid is to involve the consumer side in balancing effort, rather than placing the entire burden of maintaining this balance on the producers. This thesis investigates the utilization of flexible consumers in the future smart grid. The focus of this work...... the demand that these consumers represent. The exact responsibility of the aggregator, however, can vary depending on several factors such as control strategies, demand types, provided services etc. This thesis addresses the aggregator design for a specific class of consumers. The work involves selecting...... an appropriate control scenario, formulating the optimal objective function at the aggregator, modeling the flexibility of our specific case studies and determining the required information flow. This thesis also investigates different types of aggregation, when we have different types of consumers...

Demand effects of consumers’ stated and revealed preferences

OpenAIRE

Engström, Per; Forsell, Eskil

2013-01-01

Knowledge of how consumers react to different quality signals is fundamental for understanding how markets work. We study the online market- place for Android apps where we compare the causal effects on demand from two quality related signals; other consumers' stated and revealed preferences toward an app. Our main result is that consumers are much more responsive to other consumers' revealed preferences, compared to others' stated preferences. A 10 percentile increase in displayed average ra...

A distributed algorithm for demand-side management: Selling back to the grid

Directory of Open Access Journals (Sweden)

Milad Latifi

2017-11-01

Full Text Available Demand side energy consumption scheduling is a well-known issue in the smart grid research area. However, there is lack of a comprehensive method to manage the demand side and consumer behavior in order to obtain an optimum solution. The method needs to address several aspects, including the scale-free requirement and distributed nature of the problem, consideration of renewable resources, allowing consumers to sell electricity back to the main grid, and adaptivity to a local change in the solution point. In addition, the model should allow compensation to consumers and ensurance of certain satisfaction levels. To tackle these issues, this paper proposes a novel autonomous demand side management technique which minimizes consumer utility costs and maximizes consumer comfort levels in a fully distributed manner. The technique uses a new logarithmic cost function and allows consumers to sell excess electricity (e.g. from renewable resources back to the grid in order to reduce their electric utility bill. To develop the proposed scheme, we first formulate the problem as a constrained convex minimization problem. Then, it is converted to an unconstrained version using the segmentation-based penalty method. At each consumer location, we deploy an adaptive diffusion approach to obtain the solution in a distributed fashion. The use of adaptive diffusion makes it possible for consumers to find the optimum energy consumption schedule with a small number of information exchanges. Moreover, the proposed method is able to track drifts resulting from changes in the price parameters and consumer preferences. Simulations and numerical results show that our framework can reduce the total load demand peaks, lower the consumer utility bill, and improve the consumer comfort level. Keywords: Energy, Systems engineering, Electrical engineering

Television Advertising and Soda Demand

OpenAIRE

Lopez, Rigoberto A.; Liu, Yizao; Zhu, Chen

2012-01-01

This study examines the effects of television advertising on consumer demand for carbonated soft drinks using a random coefficients logit model (BLP) with household and advertising data from seven U.S. cities over a three year period. We find that advertising decreases the price elasticity of demand, indicating that advertising plays predominantly a persuasive, therefore anti-competitive role in this market. Further results show that brand spillover effects are significant and that measuring ...

A consolidated solution of a demand dispatch problem for different demand response schemes

NARCIS (Netherlands)

Babar, M.; Nguyen, P.H.; Cuk, V.; Kamphuis, I.G.

2014-01-01

Advance infrastructures have changed the passive consumers into active because now they can share information, perform automatic control as well as directly influence the electricity market via demand response (DR) programs. Till today, many DR Programs are proposed in Smart Grid (SG) paradigm and

The changing consciousness of the consumer

International Nuclear Information System (INIS)

Hewett, G.

1989-01-01

There has been a growing world-wide shift in consumer consciousness during the 1980s. More and more, consumers are challenging the conclusions and assurances of authorities and demanding to be better informed so that they can draw their own conclusions and make their choices accordingly. The viewpoint of these consumers is articulated, so that the specialists involved in the radurization of food can have a better understanding of what they are dealing with

The impact of point-of-sale data in demand planning in the South African clothing retail industry

OpenAIRE

Douglas N. Raza; Peter J. Kilbourn

2017-01-01

Background: In modern days’ dynamic consumer markets, supply chains need to be value driven and consumer oriented. Demand planning allows supply chain members to focus on the consumer and create optimal value. In demand planning, Point-of-Sale (POS) data are an essential input to the process thereof; however, literature suggests that POS-based demand planning is often overlooked by demand planners in practice. Objective: The main purpose of this study was to determine the extent to which ...

Market architecture and power demand management

International Nuclear Information System (INIS)

Rious, Vincent; Roques, Fabien

2014-12-01

Demand response is a cornerstone problem in electricity markets considering climate change constraint. Most liberalized electricity markets have a poor track record at developing demand response. In Europe, different models are considered for demand response, from a development under a regulated regime to a development under competitive perspectives. In this paper, focusing on demand response for mid-size and small consumers, we investigate which types of market signals should be sent to demand response aggregators to see demand response emerge as a competitive activity. Using data from the French power system over eight years, we compare the possible market design options to allow demand response to develop. Our simulations demonstrate that with the current market rules, demand response is not a profitable activity in the French electricity industry. Introducing a capacity remuneration could bring additional revenues to demand response aggregators if the power system has no over-capacity

Consumer Value Creation in the Consumption of Luxury Goods: A Consumer Perspective

OpenAIRE

Benvie-Ferreiros, Lidia

2008-01-01

The globalisation of the luxury market has presented the industry with an ever expanding and broad range of global consumers that are facilitating significant growth to the industry. In light of the downturn in Western economies, the extension and demand for luxury goods in booming Eastern economies present the luxury industry with a rosy future, estimated to be worth over $450 billion by 2012. The nature of this growth has been down to changing consumption behaviour of consumers; no longer e...

Consumers in demand : The relationship between innovativeness and use of information sources

NARCIS (Netherlands)

van Rijnsoever, F.J.|info:eu-repo/dai/nl/314100334

2010-01-01

As bounded rational agents, consumers face many uncertainties during the process of innovation adoption. The consumers that face most uncertainties are the ones that first adopt new products. These so-called ‘innovators’ are important for the innovation diffusion process. They take the risks for

Residential Consumer-Centric Demand-Side Management Based on Energy Disaggregation-Piloting Constrained Swarm Intelligence: Towards Edge Computing.

Science.gov (United States)

Lin, Yu-Hsiu; Hu, Yu-Chen

2018-04-27

The emergence of smart Internet of Things (IoT) devices has highly favored the realization of smart homes in a down-stream sector of a smart grid. The underlying objective of Demand Response (DR) schemes is to actively engage customers to modify their energy consumption on domestic appliances in response to pricing signals. Domestic appliance scheduling is widely accepted as an effective mechanism to manage domestic energy consumption intelligently. Besides, to residential customers for DR implementation, maintaining a balance between energy consumption cost and users’ comfort satisfaction is a challenge. Hence, in this paper, a constrained Particle Swarm Optimization (PSO)-based residential consumer-centric load-scheduling method is proposed. The method can be further featured with edge computing. In contrast with cloud computing, edge computing—a method of optimizing cloud computing technologies by driving computing capabilities at the IoT edge of the Internet as one of the emerging trends in engineering technology—addresses bandwidth-intensive contents and latency-sensitive applications required among sensors and central data centers through data analytics at or near the source of data. A non-intrusive load-monitoring technique proposed previously is utilized to automatic determination of physical characteristics of power-intensive home appliances from users’ life patterns. The swarm intelligence, constrained PSO, is used to minimize the energy consumption cost while considering users’ comfort satisfaction for DR implementation. The residential consumer-centric load-scheduling method proposed in this paper is evaluated under real-time pricing with inclining block rates and is demonstrated in a case study. The experimentation reported in this paper shows the proposed residential consumer-centric load-scheduling method can re-shape loads by home appliances in response to DR signals. Moreover, a phenomenal reduction in peak power consumption is achieved

Residential Consumer-Centric Demand-Side Management Based on Energy Disaggregation-Piloting Constrained Swarm Intelligence: Towards Edge Computing

Science.gov (United States)

Hu, Yu-Chen

2018-01-01

The emergence of smart Internet of Things (IoT) devices has highly favored the realization of smart homes in a down-stream sector of a smart grid. The underlying objective of Demand Response (DR) schemes is to actively engage customers to modify their energy consumption on domestic appliances in response to pricing signals. Domestic appliance scheduling is widely accepted as an effective mechanism to manage domestic energy consumption intelligently. Besides, to residential customers for DR implementation, maintaining a balance between energy consumption cost and users’ comfort satisfaction is a challenge. Hence, in this paper, a constrained Particle Swarm Optimization (PSO)-based residential consumer-centric load-scheduling method is proposed. The method can be further featured with edge computing. In contrast with cloud computing, edge computing—a method of optimizing cloud computing technologies by driving computing capabilities at the IoT edge of the Internet as one of the emerging trends in engineering technology—addresses bandwidth-intensive contents and latency-sensitive applications required among sensors and central data centers through data analytics at or near the source of data. A non-intrusive load-monitoring technique proposed previously is utilized to automatic determination of physical characteristics of power-intensive home appliances from users’ life patterns. The swarm intelligence, constrained PSO, is used to minimize the energy consumption cost while considering users’ comfort satisfaction for DR implementation. The residential consumer-centric load-scheduling method proposed in this paper is evaluated under real-time pricing with inclining block rates and is demonstrated in a case study. The experimentation reported in this paper shows the proposed residential consumer-centric load-scheduling method can re-shape loads by home appliances in response to DR signals. Moreover, a phenomenal reduction in peak power consumption is achieved

Residential Consumer-Centric Demand-Side Management Based on Energy Disaggregation-Piloting Constrained Swarm Intelligence: Towards Edge Computing

Directory of Open Access Journals (Sweden)

Yu-Hsiu Lin

2018-04-01

Full Text Available The emergence of smart Internet of Things (IoT devices has highly favored the realization of smart homes in a down-stream sector of a smart grid. The underlying objective of Demand Response (DR schemes is to actively engage customers to modify their energy consumption on domestic appliances in response to pricing signals. Domestic appliance scheduling is widely accepted as an effective mechanism to manage domestic energy consumption intelligently. Besides, to residential customers for DR implementation, maintaining a balance between energy consumption cost and users’ comfort satisfaction is a challenge. Hence, in this paper, a constrained Particle Swarm Optimization (PSO-based residential consumer-centric load-scheduling method is proposed. The method can be further featured with edge computing. In contrast with cloud computing, edge computing—a method of optimizing cloud computing technologies by driving computing capabilities at the IoT edge of the Internet as one of the emerging trends in engineering technology—addresses bandwidth-intensive contents and latency-sensitive applications required among sensors and central data centers through data analytics at or near the source of data. A non-intrusive load-monitoring technique proposed previously is utilized to automatic determination of physical characteristics of power-intensive home appliances from users’ life patterns. The swarm intelligence, constrained PSO, is used to minimize the energy consumption cost while considering users’ comfort satisfaction for DR implementation. The residential consumer-centric load-scheduling method proposed in this paper is evaluated under real-time pricing with inclining block rates and is demonstrated in a case study. The experimentation reported in this paper shows the proposed residential consumer-centric load-scheduling method can re-shape loads by home appliances in response to DR signals. Moreover, a phenomenal reduction in peak power

Synthesizing Econometric Evidence: The Case of Demand Elasticity Estimates.

Science.gov (United States)

DeCicca, Philip; Kenkel, Don

2015-06-01

Econometric estimates of the responsiveness of health-related consumer demand to higher prices are often key ingredients for risk policy analysis. We review the potential advantages and challenges of synthesizing econometric evidence on the price-responsiveness of consumer demand. We draw on examples of research on consumer demand for health-related goods, especially cigarettes. We argue that the overarching goal of research synthesis in this context is to provide policy-relevant evidence for broad-brush conclusions. We propose three main criteria to select among research synthesis methods. We discuss how in principle and in current practice synthesis of research on the price-elasticity of smoking meets our proposed criteria. Our analysis of current practice also contributes to academic research on the specific policy question of the effectiveness of higher cigarette prices to reduce smoking. Although we point out challenges and limitations, we believe more work on research synthesis in this area will be productive and important. © 2015 Society for Risk Analysis.

Demand Response Integration Through Agent-Based Coordination of Consumers in Virtual Power Plants

DEFF Research Database (Denmark)

Clausen, Anders; Umair, Aisha; Ma, Zheng

2016-01-01

of industrial loads. Coordination happens in response to Demand Response events, while considering local objectives in the industrial domain. We illustrate the applicability of our approach on a Virtual Power Plant scenario with three simulated greenhouses. The results suggest that the proposed design is able...... Power Plant design that is able to balance the demand of energy-intensive, industrial loads with the supply situation in the electricity grid. The proposed Virtual Power Plant design uses a novel inter-agent, multi-objective, multi-issue negotiation mechanism, to coordinate the electricity demands...... to coordinate the electricity demands of industrial loads, in compliance with external Demand Response events....

The consumer dimension in new market mechanisms

International Nuclear Information System (INIS)

Ranchere, Anne-Soizic; Chamoy, Anne-Sophie; Scholtes, Emilie

2014-01-01

In a context of growing share of renewable energy sources and reduced electricity consumption, both long term and short term security of supply are under pressure. Gas fired power plants are facing reduced income from the energy market calling into question both the electricity market design and the electricity generation mix Integration of smart consumers (demand response) in the electricity System is a key element to address both questions. Due to market and System complexity, new market participants such as aggregators are contributing to building up and operating flexibility from consumers. Since 2009, Energy Pool has been actively contributing to the opening of new market mechanisms to value demand response. Energy Pool has developed services to support consumers in optimizing their flexibility. While today demand response value lies mainly in the balancing and reserve markets operated by the French transport System operator (RTE), new opportunities will emerge with the capacity market and the possibility to take advantage of the price signal by both increasing and reducing consumption. (authors)

Consumers want safer meat - but not at all costs

DEFF Research Database (Denmark)

Mørkbak, Morten Raun; Christensen, Tove; Gyrd-Hansen, Dorte

2008-01-01

Consumers, the public authorities, and the food industry are all concerned with the safety of meat. The increasing demand for safer food from the consumers and the public authorities puts pressure on producers to identify efficient methods to reduce risks. Earlier studies have shown that consumer...

Food safety information and food demand

DEFF Research Database (Denmark)

Smed, Sinne; Jensen, Jørgen Dejgård

2005-01-01

Purpose – The purpose of this paper is to analyze how news about food-related health risks affects consumers’ demands for safe food products. Design/methodology/approach – By identifying structural breaks in an econometrically estimated demand model, news with permanent impact on demand...... induces a permanent increase in the demand for pasteurized eggs, while more moderate negative news influences demand temporarily and to a lesser extent. There is, however, considerable variation in the response to food safety news across socio-demographic groups of consumers. Research limitations...... is distinguished from news with temporary impact. The Danish demand for pasteurized versus shell eggs is used as an illustrative case. Findings – Negative safety news about one product variety can provide significant stimulation to the demand for safe varieties. Severe negative news about the safety of shell eggs...

Distributed Optimisation Algorithm for Demand Side Management in a Grid-Connected Smart Microgrid

Directory of Open Access Journals (Sweden)

Omowunmi Mary Longe

2017-06-01

Full Text Available The contributions of Distributed Energy Generation (DEG and Distributed Energy Storage (DES for Demand Side Management (DSM purposes in a smart macrogrid or microgrid cannot be over-emphasised. However, standalone DEG and DES can lead to under-utilisation of energy generation by consumers and financial investments; in grid-connection mode, though, DEG and DES can offer arbitrage opportunities for consumers and utility provider(s. A grid-connected smart microgrid comprising heterogeneous (active and passive smart consumers, electric vehicles and a large-scale centralised energy storage is considered in this paper. Efficient energy management by each smart entity is carried out by the proposed Microgrid Energy Management Distributed Optimisation Algorithm (MEM-DOA installed distributively within the network according to consumer type. Each smart consumer optimises its energy consumption and trading for comfort (demand satisfaction and profit. The proposed model was observed to yield better consumer satisfaction, higher financial savings, and reduced Peak-to-Average-Ratio (PAR demand on the utility grid. Other associated benefits of the model include reduced investment on peaker plants, grid reliability and environmental benefits. The MEM-DOA also offered participating smart consumers energy and tariff incentives so that passive smart consumers do not benefit more than active smart consumers, as was the case with some previous energy management algorithms.

Invester Response to Consumer Elasticity, Nordic Energy Research

DEFF Research Database (Denmark)

Jensen, Stine Grenaa; Meibom, Peter; Ravn, Hans V.

2004-01-01

. The simulated investment decisions are taken in a stochastic, dynamic setting, where a key point is the timing of the investment decision in relation to the gathering of new information relative to the stochastic elements. Based on this, the consequences of the development in consumer price elasticity......, and it is generally assumed that the demand side has an important role in this, and increasingly so. However, since consumers have not earlier had the incentive to respond to electricity prices, no reliable estimate of demand elasticity is known. The purpose of the present study is to analyse the role of electricity...... demand elasticity for investments in new electricity production capacity. Electricity price scenarios generated with a partial equilibrium model (Balmorel) are combined with a model of investment decisions. In this, various scenarios concerning the development in the demand elasticity are used...

Accounting for Water Insecurity in Modeling Domestic Water Demand

Science.gov (United States)

Galaitsis, S. E.; Huber-lee, A. T.; Vogel, R. M.; Naumova, E.

2013-12-01

Water demand management uses price elasticity estimates to predict consumer demand in relation to water pricing changes, but studies have shown that many additional factors effect water consumption. Development scholars document the need for water security, however, much of the water security literature focuses on broad policies which can influence water demand. Previous domestic water demand studies have not considered how water security can affect a population's consumption behavior. This study is the first to model the influence of water insecurity on water demand. A subjective indicator scale measuring water insecurity among consumers in the Palestinian West Bank is developed and included as a variable to explore how perceptions of control, or lack thereof, impact consumption behavior and resulting estimates of price elasticity. A multivariate regression model demonstrates the significance of a water insecurity variable for data sets encompassing disparate water access. When accounting for insecurity, the R-squaed value improves and the marginal price a household is willing to pay becomes a significant predictor for the household quantity consumption. The model denotes that, with all other variables held equal, a household will buy more water when the users are more water insecure. Though the reasons behind this trend require further study, the findings suggest broad policy implications by demonstrating that water distribution practices in scarcity conditions can promote consumer welfare and efficient water use.

Policy packages to achieve demand reduction

International Nuclear Information System (INIS)

Boardman, Brenda

2005-01-01

In many sectors and many countries, energy demand is still increasing, despite decades of policies to reduce demand. Controlling climate change is becoming more urgent, so there is a need to devise policies that will, virtually, guarantee demand reduction. This has to come from policy, at least in the UK, as the conditions do not exist, yet, when the consumers will 'pull' the market for energy efficiency or the manufacturers will use technological development to 'push' it. That virtuous circle has to be created by a mixture of consumer education and restrictions on manufacturers (for instance, permission to manufacture). The wider policy options include higher prices for energy and stronger product policies. An assessment of the effectiveness of different policy packages indicates some guiding principles, for instance that improved product policy must precede higher prices, otherwise consumers are unable to react effectively to price rises. The evidence will be assessed about the ways in which national and EU policies can either reinforce, duplicate or undermine each other. Another area of examination will be timescales: what is the time lag between the implementation of a policy (whether prices or product based) and the level of maximum reductions. In addition, the emphasis given to factors such as equity, raising investment funds and speed of delivery also influence policy design and the extent to which absolute carbon reductions can be expected

Demand-side management and demand response in the Ontario energy sectors

International Nuclear Information System (INIS)

2004-01-01

A directive from the former Minister of Energy was received by the Ontario Energy Board (OEB), directing the Board to consult with stakeholders on options for the delivery of demand-side management (DSM) and demand response (DR) activities within the electricity sector, including the role of local distribution companies in such activities. The implementation costs were to be balanced with the benefits to both consumers and the entire system. The scope of the review was expanded by the Board to include the role of gas distribution companies in DSM. A consultation process was implemented and stakeholders were invited to participate. A series of recommendations was made, including: (1) a hybrid framework utilizing market-based and public-policy approaches should deliver DSM and DR activities in Ontario's energy markets, (2) DSM and DR activities should come under the responsibility of a central agency, (3) DSM and DR activities should be coordinated through cooperation between the Ministry of Energy, the Independent Electricity Market Operator (IMO) and the Ontario Energy Board, (4) regulatory mechanisms to induce gas distributors, electricity transmitters and electricity distributors to reduce distribution system losses should be put in place, (5) all electricity consumers should fund electricity DSM and some retail DR initiatives through a transparent, non-bypassable consumption charge, and (6) the Board should design, develop and deliver information to consumers regarding energy conservation, energy efficiency, load management, and cleaner sources of energy. refs., 4 figs

Sizewell: UK power demand

International Nuclear Information System (INIS)

Anon.

1986-01-01

The Sizewell Inquiry was about whether the next power stations to be built in the UK should be nuclear or coal and, if nuclear, PWRs or AGRs. During the period of the Inquiry forecasts of demand for electricity were low. Now, however, it seems that the forecast demand is much increased. This uncertainty in demand and the wide regional variations are examined in some detail. Facts and figures on electricity sales (area by area) are presented. Also the minutes of supply lost per consumer per year. These show that security of supply is also a problem. It is also shown that the way electricity is used has changed. Whilst electricity generation has been changing to large-scale, centralised power stations the demand patterns may make smaller scale, quickly-constructed units more sensible. The questions considered at the Sizewell Inquiry may, indeed, no longer be the right ones. (UK)

Demand uncertainty and investment in the restaurant industry

OpenAIRE

Sohn, Jayoung

2016-01-01

Since the collapse of the housing market, the prolonged economic uncertainty lingering in the U.S. economy has dampened restaurant performance. Economic uncertainty affects consumer sentiment and spending, turning into demand uncertainty. Nevertheless, the highly competitive nature of the restaurant industry does not allow much room for restaurants to actively control prices, leaving most food service firms exposed to demand uncertainty. To investigate the impact of demand uncertainty in the ...

New joints: Private providers and rising demand in the English National Health Service

OpenAIRE

Kelly, Elaine; Stoye, George

2015-01-01

Reforms to public services have extended consumer choice by allowing for the entry of private providers. The aim is to generate competitive pressure to improve quality when consumers choose between providers. However, for many services new entrants could also affect whether a consumer demands the service at all. We explore this issue by considering how demand for elective surgery responds following the entry of private providers into the market for publicly funded health care in England. For ...

Crucial market demands and company competencies

DEFF Research Database (Denmark)

Jensen, Bjarne; Stacey, Julia

1999-01-01

More and more, it is acknowledged that a company's success depends on it being capable of complying with the market's demands and wishes. It is, however, not always obvious, how the individual company will be able to meet the market's demands. A recent MAPP study has investigated this topic...... and identified a number of central market demands, which Danish food companies are faced with. Moreover, the study has identified which competencies are required to meet these demands and have also looked at howsuccessful companies structure some of these competencies. The study takes its point of departure...... in a literature review of MAPP's research. Results show that there are 27 central market demands, retail and consumer demands that Danish companies ought to be able to live up to. The study has also identified which competencies food companies must possess to be able to meet market's demands. Results from three...

Methodology of demand forecast by market analysis of electric power and load curves

International Nuclear Information System (INIS)

Barreiro, C.J.; Atmann, J.L.

1989-01-01

A methodology for demand forecast of consumer classes and their aggregation is presented. An analysis of the actual attended market can be done by appropriate measures and load curves studies. The suppositions for the future market behaviour by consumer classes (industrial, residential, commercial, others) are shown, and the actions for optimise this market are foreseen, obtained by load curves modulations. The process of future demand determination is obtained by the appropriate aggregation of this segmented demands. (C.G.C.)

Citizen and consumer influence on future pork production

DEFF Research Database (Denmark)

Sørensen, Bjarne Taulo; Stacey, Julia Rolsted; Poulsen, Louise Vestergaard Skøtt

2008-01-01

The development on the world market for pigs may challenge the European production and export of pork, and can hit the EU countries' economy hard. To meet the changes it is essential that the pork producing sector understands the demanding and powerful citizens and consumers.......The development on the world market for pigs may challenge the European production and export of pork, and can hit the EU countries' economy hard. To meet the changes it is essential that the pork producing sector understands the demanding and powerful citizens and consumers....

Does organic crowding out influence organic food demand?

DEFF Research Database (Denmark)

Hansen, Lars Gårn; Andersen, Laura Mørch

All Previous studies of organic food demand that investigating substitution focus on specific food submarkets and have to assume separability from other food consumption. However, consumers typically associate attributes such as e.g. healthiness and environment friendliness with organic variants...... of most types of food. If such general organic attributes are important for consumer behaviour then separability may not hold because the general attribute obtained from one type of organic food may be a close or even perfect substitute for the same attribute obtained from other types of organic food....... In this paper we utilize a unique Danish micro panel where all food demand is registered on a disaggregated level with an organic/nonorganic indicator to estimate a general food demand system with organic variants. We clearly reject the usual separability assumption and find that the behaviour of Danish...

New style in comunication: consumer-generated media

OpenAIRE

Mihai Teodor Negrea

2007-01-01

The following paper reveals the content of a new form of comunication used as vehicle for information between consumers on the Internet. Consumer-Generated Media (CGM) describes a variety of new sources of online information that are created, initiated, circulated and used by consumers intent on educating each other about products, brands, services, personalities and issues. The particularities of this concept demand full attention from marketers, because its content offer a large amount of i...

Short-term Consumer Benefits of Dynamic Pricing

OpenAIRE

Dupont, Benjamin; De Jonghe, Cedric; Kessels, Kris; Belmans, Ronnie

2011-01-01

Consumer benefits of dynamic pricing depend on a variety of factors. Consumer characteristics and climatic circumstances widely differ, which forces a regional comparison. This paper presents a general overview of demand response programs and focuses on the short-term benefits of dynamic pricing for an average Flemish residential consumer. It reaches a methodology to develop a cost reflective dynamic pricing program and to estimate short-term bill savings. Participating in a dynamic pricing p...

The UK-DALE dataset, domestic appliance-level electricity demand and whole-house demand from five UK homes.

Science.gov (United States)

Kelly, Jack; Knottenbelt, William

2015-01-01

Many countries are rolling out smart electricity meters. These measure a home's total power demand. However, research into consumer behaviour suggests that consumers are best able to improve their energy efficiency when provided with itemised, appliance-by-appliance consumption information. Energy disaggregation is a computational technique for estimating appliance-by-appliance energy consumption from a whole-house meter signal. To conduct research on disaggregation algorithms, researchers require data describing not just the aggregate demand per building but also the 'ground truth' demand of individual appliances. In this context, we present UK-DALE: an open-access dataset from the UK recording Domestic Appliance-Level Electricity at a sample rate of 16 kHz for the whole-house and at 1/6 Hz for individual appliances. This is the first open access UK dataset at this temporal resolution. We recorded from five houses, one of which was recorded for 655 days, the longest duration we are aware of for any energy dataset at this sample rate. We also describe the low-cost, open-source, wireless system we built for collecting our dataset.

Trends in food packaging: Arising opportunities and shifting demands

NARCIS (Netherlands)

Gerding, T.K.; Rijk, M.A.H.; Jetten, J.; Berg, F. van den; Kruijf, N. de

1996-01-01

Packaging foodstuffs is a dynamic process which continually has to respond to the changes in supply and demand which are the result of adaptations to the varying demands of the consumer, changes in retail practices, technological innovations, new materials and developments in legislation, especially

The balance of supply and demand

International Nuclear Information System (INIS)

Darmayan, P.

1981-01-01

The Supply and Demand Committee of the Uranium Institute was established to monitor continuously information and developments bearing on the uranium market and to publish from time to time reports giving its views on the supply and demand outlook. The last Uranium Institute supply and demand report was compiled at the beginning of 1979. Its main conclusions were that from 1979 to 1990 the flexibilities of the market were such as to offer adequate scope to producers and consumers of uranium to ensure a balance between supply and demand. Is that conclusion still valid one and a half years later. Some of the Supply and Demand Committee's more recent estimates are reported under the headings: reactor orders and cancellations; revised Institute forecasts of nuclear capacity; uranium supply; main implications of the new forecasts. (U.K.)

Agent-based modelling of consumer energy choices

Science.gov (United States)

Rai, Varun; Henry, Adam Douglas

2016-06-01

Strategies to mitigate global climate change should be grounded in a rigorous understanding of energy systems, particularly the factors that drive energy demand. Agent-based modelling (ABM) is a powerful tool for representing the complexities of energy demand, such as social interactions and spatial constraints. Unlike other approaches for modelling energy demand, ABM is not limited to studying perfectly rational agents or to abstracting micro details into system-level equations. Instead, ABM provides the ability to represent behaviours of energy consumers -- such as individual households -- using a range of theories, and to examine how the interaction of heterogeneous agents at the micro-level produces macro outcomes of importance to the global climate, such as the adoption of low-carbon behaviours and technologies over space and time. We provide an overview of ABM work in the area of consumer energy choices, with a focus on identifying specific ways in which ABM can improve understanding of both fundamental scientific and applied aspects of the demand side of energy to aid the design of better policies and programmes. Future research needs for improving the practice of ABM to better understand energy demand are also discussed.

Optimal bidding strategies for competitive generators and large consumers

International Nuclear Information System (INIS)

Fushuan Wen; David, A.K.

2001-01-01

There exists the potential for gaming such as strategic bidding by participants (power suppliers and large consumers) in a deregulated power market, which is more an oligopoly than a laissez-faire market. Each participant can increase his or her own profit through strategic bidding but this has a negative effect on maximising social welfare. A method to build bidding strategies for both power suppliers and large consumers in a poolco-type electricity market is presented in this paper. It is assumed that each supplier/large consumer bids a linear supply/demand function, and the system is dispatched to maximise social welfare. Each supplier/large consumer chooses the coefficients in the linear supply/demand function to maximise benefits, subject to expectations about how rival participants will bid. The problem is formulated as a stochastic optimisation problem, and solved by a Monte Carlo approach. A numerical example with six suppliers and two large consumers serves to illustrate the essential features of the method. (author)

Linking consumer energy efficiency with security of supply

International Nuclear Information System (INIS)

Rutherford, J.P.; Scharpf, E.W.; Carrington, C.G.

2007-01-01

Most modern energy policies seek to achieve systematic ongoing incremental increases in consumer energy efficiency, since this contributes to improved security of supply, favourable environmental outcomes and increased economic efficiency. Yet realised levels of efficiency are typically well below the most cost-effective equilibrium due to variety of behavioural and organisational barriers, which are often linked to information constraints. In addition efficient users are normally unrewarded for collective benefits to system security and to the environment, thus reducing the incentives for energy consumers to invest in efficiency improvements. This paper examines the dichotomies and symmetries between supply- and demand-side solutions to energy security concerns and reviews opportunities to overcome barriers to improved consumer efficiency. A security market is identified as a mechanism to promote both demand- and supply-side investments that support electricity system security. Such a market would assist in setting the optimal quantity of reserves while achieving an efficient balance between supply- and demand-side initiatives. It would also help to smooth overall investment throughout the energy system by encouraging incremental approaches, such as distributed generation and demand-side alternatives where they provide competitive value. Although the discussion is applicable to energy systems in general, it focuses primarily on electricity in New Zealand

An analysis of at-home demand for ice cream in the United States.

Science.gov (United States)

Davis, C G; Blayney, D P; Yen, S T; Cooper, J

2009-12-01

Ice cream has been manufactured commercially in the United States since the middle of the 19th century. Ice cream and frozen dessert products comprise an important and relatively stable component of the United States dairy industry. As with many other dairy products, ice cream is differentiated in several dimensions. A censored translog demand system model was employed to analyze purchases of 3 ice cream product categories. The objective of this study was to determine the effect that changes in retail prices and consumer income have on at-home ice cream consumption. The analysis was based on Nielsen 2005 home scan retail data and used marital status, age, race, education, female employment status, and location in the estimations of aggregate demand elasticities. Results revealed that price and consumer income were the main determinants of demand for ice cream products. Calculated own-price elasticities indicated relatively elastic responses by consumers for all categories except for compensated bulk ice cream. All expenditure elasticities were inelastic except for bulk ice cream, and most of the ice cream categories were substitutes. Ongoing efforts to examine consumer demand for these products will assist milk producers, dairy processors and manufacturers, and dairy marketers as they face changing consumer responses to food and diet issues.

The Supply and Demand of Teachers and Teaching.

Science.gov (United States)

Zerfoss, Evelyn; Shapiro, Leo J.

There is a general oversupply of teachers. Attempts to regulate teacher supply and demand are flawed by assumptions that teachers are a limited consumer item and that the school system will persist in its present form. The financial crises of schools, the demand of accountability, and the challenge to the principle of compulsory education indicate…

Evidence-based Heuristics for Evaluating Demands on eHealth Literacy and Usability in a Mobile Consumer Health Application.

Science.gov (United States)

Monkman, Helen; Griffith, Janessa; Kushniruk, Andre W

2015-01-01

Heuristic evaluations have proven to be valuable for identifying usability issues in systems. Commonly used sets of heuritics exist; however, they may not always be the most suitable, given the specific goal of the analysis. One such example is seeking to evaluate the demands on eHealth literacy and usability of consumer health information systems. In this study, eight essential heuristics and three optional heuristics subsumed from the evidence on eHealth/health literacy and usability were tested for their utility in assessing a mobile blood pressure tracking application (app). This evaluation revealed a variety of ways the design of the app could both benefit and impede users with limited eHealth literacy. This study demonstrated the utility of a low-cost, single evaluation approach for identifying both eHealth literacy and usability issues based on existing evidence in the literature.

Electric utilities and the demand for natural gas

Energy Technology Data Exchange (ETDEWEB)

Uri, N D; Atkinson, S

1976-03-01

The scarcity of natural gas has given rise to a series of priorities of deliveries based on end use and drafted by the Federal Power Commission. The U.S. Supreme Court, on June 7, 1972, held that the Commission has jurisdiction over curtailments in the service of gas in interstate commerce to both resale and direct industrial customers. This decision reversed a Fifth Circuit Court ruling that protected direct industrial customers from curtailments. The FPC priority curtailments are classed from 1 to 9, for which electric utilities are concentrated in classes 4 to 9. As weather conditions become more severe, not only do the residential and commercial consumers demand more electrical energy, they also demand more natural gas. The result is that there is less natural gas available for electric utilities to use for generation so they change to an alternative fuel. A demand model for the short term for natural gas for electric utilities is given; primary factors involve the price of natural gas, the prices of substitute fuels, and the demand for electrical energy by the various consumer classes. (MCW)

Learning in Advance Selling with Heterogeneous Consumers

OpenAIRE

Oksana Loginova; X. Henry Wang; Chenhang Zeng

2012-01-01

The advance selling strategy is implemented when a firm offers consumers the opportunity to order its product in advance of the regular selling season. Advance selling reduces uncertainty for both the firm and the buyer and enables the firm to update its forecast of future demand. The distinctive feature of the present study of advance selling is that we divide consumers into two groups, experienced and inexperienced. Experienced consumers know their valuations of the product in advance, whil...

Understanding Urban Demand for Wild Meat in Vietnam: Implications for Conservation Actions.

Directory of Open Access Journals (Sweden)

Rachel Shairp

Full Text Available Vietnam is a significant consumer of wildlife, particularly wild meat, in urban restaurant settings. To meet this demand, poaching of wildlife is widespread, threatening regional and international biodiversity. Previous interventions to tackle illegal and potentially unsustainable consumption of wild meat in Vietnam have generally focused on limiting supply. While critical, they have been impeded by a lack of resources, the presence of increasingly organised criminal networks and corruption. Attention is, therefore, turning to the consumer, but a paucity of research investigating consumer demand for wild meat will impede the creation of effective consumer-centred interventions. Here we used a mixed-methods research approach comprising a hypothetical choice modelling survey and qualitative interviews to explore the drivers of wild meat consumption and consumer preferences among residents of Ho Chi Minh City, Vietnam. Our findings indicate that demand for wild meat is heterogeneous and highly context specific. Wild-sourced, rare, and expensive wild meat-types are eaten by those situated towards the top of the societal hierarchy to convey wealth and status and are commonly consumed in lucrative business contexts. Cheaper, legal and farmed substitutes for wild-sourced meats are also consumed, but typically in more casual consumption or social drinking settings. We explore the implications of our results for current conservation interventions in Vietnam that attempt to tackle illegal and potentially unsustainable trade in and consumption of wild meat and detail how our research informs future consumer-centric conservation actions.

Understanding Urban Demand for Wild Meat in Vietnam: Implications for Conservation Actions

Science.gov (United States)

Shairp, Rachel; Veríssimo, Diogo; Fraser, Iain; Challender, Daniel; MacMillan, Douglas

2016-01-01

Vietnam is a significant consumer of wildlife, particularly wild meat, in urban restaurant settings. To meet this demand, poaching of wildlife is widespread, threatening regional and international biodiversity. Previous interventions to tackle illegal and potentially unsustainable consumption of wild meat in Vietnam have generally focused on limiting supply. While critical, they have been impeded by a lack of resources, the presence of increasingly organised criminal networks and corruption. Attention is, therefore, turning to the consumer, but a paucity of research investigating consumer demand for wild meat will impede the creation of effective consumer-centred interventions. Here we used a mixed-methods research approach comprising a hypothetical choice modelling survey and qualitative interviews to explore the drivers of wild meat consumption and consumer preferences among residents of Ho Chi Minh City, Vietnam. Our findings indicate that demand for wild meat is heterogeneous and highly context specific. Wild-sourced, rare, and expensive wild meat-types are eaten by those situated towards the top of the societal hierarchy to convey wealth and status and are commonly consumed in lucrative business contexts. Cheaper, legal and farmed substitutes for wild-sourced meats are also consumed, but typically in more casual consumption or social drinking settings. We explore the implications of our results for current conservation interventions in Vietnam that attempt to tackle illegal and potentially unsustainable trade in and consumption of wild meat and detail how our research informs future consumer-centric conservation actions. PMID:26752642

Understanding Urban Demand for Wild Meat in Vietnam: Implications for Conservation Actions.

Science.gov (United States)

Shairp, Rachel; Veríssimo, Diogo; Fraser, Iain; Challender, Daniel; MacMillan, Douglas

2016-01-01

Vietnam is a significant consumer of wildlife, particularly wild meat, in urban restaurant settings. To meet this demand, poaching of wildlife is widespread, threatening regional and international biodiversity. Previous interventions to tackle illegal and potentially unsustainable consumption of wild meat in Vietnam have generally focused on limiting supply. While critical, they have been impeded by a lack of resources, the presence of increasingly organised criminal networks and corruption. Attention is, therefore, turning to the consumer, but a paucity of research investigating consumer demand for wild meat will impede the creation of effective consumer-centred interventions. Here we used a mixed-methods research approach comprising a hypothetical choice modelling survey and qualitative interviews to explore the drivers of wild meat consumption and consumer preferences among residents of Ho Chi Minh City, Vietnam. Our findings indicate that demand for wild meat is heterogeneous and highly context specific. Wild-sourced, rare, and expensive wild meat-types are eaten by those situated towards the top of the societal hierarchy to convey wealth and status and are commonly consumed in lucrative business contexts. Cheaper, legal and farmed substitutes for wild-sourced meats are also consumed, but typically in more casual consumption or social drinking settings. We explore the implications of our results for current conservation interventions in Vietnam that attempt to tackle illegal and potentially unsustainable trade in and consumption of wild meat and detail how our research informs future consumer-centric conservation actions.

Reducing meat consumption in today’s consumer society: questioning the citizen-consumer gap

NARCIS (Netherlands)

Bakker, de E.; Dagevos, H.

2012-01-01

Our growing demand for meat and dairy food products is unsustainable. It is hard to imagine that this global issue can be solved solely by more efficient technologies. Lowering our meat consumption seems inescapable. Yet, the question is whether modern consumers can be considered as reliable allies

7 CFR 3.12 - Reporting of consumer debts.

Science.gov (United States)

2010-01-01

... and Compromise of Claims § 3.12 Reporting of consumer debts. (a) Notice. In demand letters to debtors... the delinquent consumer debt to credit reporting agencies after 60 days; (2) The specific information... credit bureaus. (d) Stay of disclosure. Agencies shall not disclose a delinquent debt to a credit...

Demand response policies for the implementation of smart grids

NARCIS (Netherlands)

Koliou, E.

2016-01-01

With the grasp of a smart grid in sight, discussions have shifted the focus of system security measures away from generation capacity; apart from modifying the supply side, demand may also be exploited to keep the system in balance. Specifically, Demand Response (DR) is the concept of consumer load

Competition with supply and demand functions

International Nuclear Information System (INIS)

Bolle, F.

2001-01-01

If economic agents have to determine in advance their supply or demand in reaction to different market prices we may assume that their strategic instruments are supply or demand functions. The best examples for such markets are the spot markets for electricity in England and Wales, in Chile, in New Zealand, in Scandinavia and perhaps elsewhere. A further example is computerized trading in stock markets, financial markets, or commodity exchanges. The functional form of equilibria is explicitly determined in this paper. Under a certain condition, equilibria exist for every finite spread of (stochastic) autonomous demand, i.e. demand from small, non-strategically acting consumers. Contrary to competition with supply functions alone, however, there is no tendency for market prices to converge to 0 if the spread of autonomous demand increases infinitely. Lower bounds of market prices can be computed instead

Marketing and growth: Consumers in the driver's seat

Energy Technology Data Exchange (ETDEWEB)

Gagne, P.

1999-07-01

Prospects of the electricity marketplace in the 21. century were reviewed by leaders of the electrical industry. They came to the conclusion that given the possibility of affordable energy for everyone and the possibility of choice of suppliers , the industry must place consumer demands at the centre of their growth strategies. With a more sophisticated consumer groups, technological advances, consumers demand lower costs, reliable, better and faster service, and a value-added service package. The emergence of e-commerce, and other economic, political and technological factors are putting into the hands of consumers considerable decision making power to influence development of the energy business. Quality alone is no longer enough; customers also expect more flexibility, more responsiveness, and lower costs, all at a higher speed, and most importantly, beyond what the competition can provide.

A Dynamic Market Mechanism for Markets with Shiftable Demand Response

DEFF Research Database (Denmark)

Hansen, Jacob; Knudsen, Jesper Viese; Kiani, Arman

2014-01-01

renewables, this mechanism accommodates both consumers with a shiftable Demand Response and an adjustable Demand Response. The overall market mechanism is evaluated in a Day Ahead Market and is shown in a numerical example to result in a reduction of the cost of electricity for the consumer, as well......In this paper, we propose a dynamic market mechanism that converges to the desired market equilibrium. Both locational marginal prices and the schedules for generation and consumption are determined through a negotiation process between the key market players. In addition to incorporating...

Climate change and peak demand for electricity: Evaluating policies for reducing peak demand under different climate change scenarios

Science.gov (United States)

Anthony, Abigail Walker

This research focuses on the relative advantages and disadvantages of using price-based and quantity-based controls for electricity markets. It also presents a detailed analysis of one specific approach to quantity based controls: the SmartAC program implemented in Stockton, California. Finally, the research forecasts electricity demand under various climate scenarios, and estimates potential cost savings that could result from a direct quantity control program over the next 50 years in each scenario. The traditional approach to dealing with the problem of peak demand for electricity is to invest in a large stock of excess capital that is rarely used, thereby greatly increasing production costs. Because this approach has proved so expensive, there has been a focus on identifying alternative approaches for dealing with peak demand problems. This research focuses on two approaches: price based approaches, such as real time pricing, and quantity based approaches, whereby the utility directly controls at least some elements of electricity used by consumers. This research suggests that well-designed policies for reducing peak demand might include both price and quantity controls. In theory, sufficiently high peak prices occurring during periods of peak demand and/or low supply can cause the quantity of electricity demanded to decline until demand is in balance with system capacity, potentially reducing the total amount of generation capacity needed to meet demand and helping meet electricity demand at the lowest cost. However, consumers need to be well informed about real-time prices for the pricing strategy to work as well as theory suggests. While this might be an appropriate assumption for large industrial and commercial users who have potentially large economic incentives, there is not yet enough research on whether households will fully understand and respond to real-time prices. Thus, while real-time pricing can be an effective tool for addressing the peak load

The optimization of demand response programs in smart grids

International Nuclear Information System (INIS)

Derakhshan, Ghasem; Shayanfar, Heidar Ali; Kazemi, Ahad

2016-01-01

The potential to schedule portion of the electricity demand in smart energy systems is clear as a significant opportunity to enhance the efficiency of the grids. Demand response is one of the new developments in the field of electricity which is meant to engage consumers in improving the energy consumption pattern. We used Teaching & Learning based Optimization (TLBO) and Shuffled Frog Leaping (SFL) algorithms to propose an optimization model for consumption scheduling in smart grid when payment costs of different periods are reduced. This study conducted on four types residential consumers obtained in the summer for some residential houses located in the centre of Tehran city in Iran: first with time of use pricing, second with real-time pricing, third one with critical peak pricing, and the last consumer had no tariff for pricing. The results demonstrate that the adoption of demand response programs can reduce total payment costs and determine a more efficient use of optimization techniques. - Highlights: •An optimization model for the demand response program is made. •TLBO and SFL algorithms are applied to reduce payment costs in smart grid. •The optimal condition is provided for the maximization of the social welfare problem. •An application to some residential houses located in the centre of Tehran city in Iran is demonstrated.

Water scarcity, market-based incentives, and consumer response

Science.gov (United States)

Krause, K.; Chermak, J. M.; Brookshire, D. S.

2003-04-01

Water is an increasingly scarce resource and the future viability of many regions will depend in large part on how efficiently resources are utilized. A key factor to this success will be a thorough understanding of consumers and the characteristics that drive their water use. In this research test and find support for the hypothesis that residential water consumers are heterogeneous. We combine experimental and survey responses to test for statistically significant consumer characteristics that are observable factors of demand for water. Significant factors include "stage of life" (i.e., student versus workforce versus retired), as well as various social and cultural factors including age, ethnicity, political affiliation and religious affiliation. Identification of these characteristics allows us to econometrically estimate disaggregated water demand for a sample of urban water consumers in Albuquerque, New Mexico, USA. The results provide unique parameter estimates for different consumer types. Using these results we design an incentive compatible, non-linear pricing program that allows individual consumers to choose a fixed fee/commodity charge from a menu that not only allows the individual to maximize his or her utility, while meeting the conservation goals of the program. We show that this program, with the attention to consumer differences is more efficient than the traditional "one size fits all" programs commonly employed by many water utilities.

Consumer perception of Brazilian traced beef

Directory of Open Access Journals (Sweden)

Júlio Otávio Jardim Barcellos

2012-03-01

Full Text Available The objective of this study was to determine consumers understanding of beef traceability, identifying how consumers value this meat and traceability elements to be presented on retail shelves. The method used in this study was a survey through the internet applying the Sphinx software. The sample consisted of 417 consumers, mostly living in Porto Alegre, Brazil. Consumers are aware of certified beef, consider it important, but this is not a demand. As to traced beef, most consumers (62.4% are in favor of mandatory traceability of beef cattle in Brazil, but 86.6% disagree with the destination of traced beef only to the foreign market. The majority of people are willing to pay more for traced beef and consider traceability a market opportunity, used as a differentiating tool.

The UK-DALE dataset, domestic appliance-level electricity demand and whole-house demand from five UK homes

Science.gov (United States)

Kelly, Jack; Knottenbelt, William

2015-03-01

Many countries are rolling out smart electricity meters. These measure a home’s total power demand. However, research into consumer behaviour suggests that consumers are best able to improve their energy efficiency when provided with itemised, appliance-by-appliance consumption information. Energy disaggregation is a computational technique for estimating appliance-by-appliance energy consumption from a whole-house meter signal. To conduct research on disaggregation algorithms, researchers require data describing not just the aggregate demand per building but also the ‘ground truth’ demand of individual appliances. In this context, we present UK-DALE: an open-access dataset from the UK recording Domestic Appliance-Level Electricity at a sample rate of 16 kHz for the whole-house and at 1/6 Hz for individual appliances. This is the first open access UK dataset at this temporal resolution. We recorded from five houses, one of which was recorded for 655 days, the longest duration we are aware of for any energy dataset at this sample rate. We also describe the low-cost, open-source, wireless system we built for collecting our dataset.

Consumer demand in the Industrial Revolution : The Netherlands, 1815-1913

NARCIS (Netherlands)

Bonenkamp, Jan P.M.; Jacobs, Jan P.A.M.; Smits, Jan-Pieter

2005-01-01

The industrial revolution is mostly seen as a supply side phenomenon. Ever since Gilboy stated that factors of demand may have been equally important, scholars have stressed the importance of investments and technological change. This paper re-considers Gilboy’s ideas, using the dataset of the Dutch

Design of capacity incentive and energy compensation for demand response programs

Science.gov (United States)

Liu, Zhoubin; Cui, Wenqi; Shen, Ran; Hu, Yishuang; Wu, Hui; Ye, Chengjin

2018-02-01

Variability and Uncertainties caused by renewable energy sources have called for large amount of balancing services. Demand side resources (DSRs) can be a good alternative of traditional generating units to provide balancing service. In the areas where the electricity market has not been fully established, e.g., China, DSRs can help balance the power system with incentive-based demand response programs. However, there is a lack of information about the interruption cost of consumers in these areas, making it hard to determine the rational amount of capacity incentive and energy compensation for the participants of demand response programs. This paper proposes an algorithm to calculate the amount of capacity incentive and energy compensation for demand response programs when there lacks the information about interruption cost. Available statistical information of interruption cost in referenced areas is selected as the referenced data. Interruption cost of the targeted area is converted from the referenced area by product per electricity consumption. On this basis, capacity incentive and energy compensation are obtained to minimize the payment to consumers. Moreover, the loss of consumers is guaranteed to be covered by the revenue they earned from load serving entities.

Econometric Modeling: An Application to the Demand for Electricity ...

African Journals Online (AJOL)

The empirical results show an inverse relationship between real appliance purchase price, the real per capita income and the demand for electricity. Also the rate of population growth rate as a proxy for electricity consumers appears to be insignificant. This reveals the clear fact that the demand for electricity is greater than ...

Optimal demand shaping strategies for dual-channel retailers in the face of evolving consumer behavior

OpenAIRE

Mutlu, Nevin

2016-01-01

The advent of the Internet has not only enabled traditional brick-and-mortar retailers to open online channels, but also provided a platform that facilitated consumer-to-consumer information exchange on retailers and/or products. As a result, the purchasing decisions of today's consumers are often affected by the purchasing decisions of other consumers. In this dissertation, we adopt an interdisciplinary approach that brings together tools and concepts from operations management, economics, ...

Option value of electricity demand response

Energy Technology Data Exchange (ETDEWEB)

Sezgen, Osman; Goldman, C.A. [Lawrence Berkeley National Laboratory, 1 Cyclotron Road, Berkeley CA 94720 (United States); Krishnarao, P. [Citigroup Energy Inc., 1301 Fannin St, Houston, TX 77002 (United States)

2007-02-15

As electricity markets deregulate and energy tariffs increasingly expose customers to commodity price volatility, it is difficult for energy consumers to assess the economic value of investments in technologies that manage electricity demand in response to changing energy prices. The key uncertainties in evaluating the economics of demand-response technologies are the level and volatility of future wholesale energy prices. In this paper, we demonstrate that financial engineering methodologies originally developed for pricing equity and commodity derivatives (e.g., futures, swaps, options) can be used to estimate the value of demand-response technologies. We adapt models used to value energy options and assets to value three common demand-response strategies: load curtailment, load shifting or displacement, and short-term fuel substitution-specifically, distributed generation. These option models represent an improvement to traditional discounted cash flow methods for assessing the relative merits of demand-side technology investments in restructured electricity markets. (author)

Option value of electricity demand response

International Nuclear Information System (INIS)

Sezgen, Osman; Goldman, C.A.; Krishnarao, P.

2007-01-01

As electricity markets deregulate and energy tariffs increasingly expose customers to commodity price volatility, it is difficult for energy consumers to assess the economic value of investments in technologies that manage electricity demand in response to changing energy prices. The key uncertainties in evaluating the economics of demand-response technologies are the level and volatility of future wholesale energy prices. In this paper, we demonstrate that financial engineering methodologies originally developed for pricing equity and commodity derivatives (e.g., futures, swaps, options) can be used to estimate the value of demand-response technologies. We adapt models used to value energy options and assets to value three common demand-response strategies: load curtailment, load shifting or displacement, and short-term fuel substitution-specifically, distributed generation. These option models represent an improvement to traditional discounted cash flow methods for assessing the relative merits of demand-side technology investments in restructured electricity markets. (author)

The Demand for Calories in Developing Countries

OpenAIRE

Odin K. Knudsen; Pasquale L. Scandizzo

1982-01-01

This paper employs characteristic demand theory to estimate demand functions for calories for a set of developing countries and to investigate the potential impact of income growth, redistribution, and price changes on alleviating underconsumption of calories. The analysis finds that, although calorie elasticities with respect to income are substantial for the poorer consumers, income growth above historical rates is required for the food needs of the entire population to be satisfied within ...

Measuring and controlling unfairness in decentralized planning of energy demand

NARCIS (Netherlands)

Pournaras, E.; Vasirani, M.; Kooij, R.E.; Aberer, K.

2014-01-01

Demand-side energy management improves robustness and efficiency in Smart Grids. Load-adjustment and load-shifting are performed to match demand to available supply. These operations come at a discomfort cost for consumers as their lifestyle is influenced when they adjust or shift in time their

Retailers and consumers in sequential auctions of collectibles

DEFF Research Database (Denmark)

Vincent Lyk-Jensen, Stéphanie; Chanel, Olivier

2007-01-01

We analyse an independent private-value model, where heterogeneous bidders compete for objects sold in sequential second-price auctions. In this heterogeneous game, bidders may have differently distributed valuations, and some have multi-unit demand with decreasing marginal values (retailers......); others have a specific single-unit demand (consumers). By examining equilibrium bidding strategies and price sequences, we show that the presence of consumers leads to more aggressive bidding from the retailers on average and heterogeneous bidders is a plausible explanation of the price decline effect....... The study of the expected revenue of the seller confirms the interest of auctioneers in inviting different types of bidders...

Food sovereignty and consumer sovereignty

NARCIS (Netherlands)

Timmermann, Cristian; Félix, Georges F.; Tittonell, Pablo

2017-01-01

The concept of food sovereignty is becoming an element of everyday parlance in development politics and food justice advocacy. Yet to successfully achieve food sovereignty, the demands within this movement have to be compatible with the way people are pursuing consumer sovereignty and vice versa.

Advance Selling in the Presence of Experienced Consumers

OpenAIRE

Oksana Loginova; X. Hnery Wang; Chenhang Zeng

2011-01-01

The advance selling strategy is implemented when a firm offers consumers the opportunity to order its product in advance of the regular selling season. Advance selling reduces uncertainty for both the firm and the buyer and enables the firm to update its forecast of future demand. The distinctive feature of the present theoretical study of advance selling is that we divide consumers into two groups, experienced and inexperienced. Experienced consumers know their valuations of the product in a...

ECONOMETRIC ANALYSIS OF CEREAL DEMAND IN MOROCCO USING THE ALMOST IDEAL DEMAND SYSTEM

Directory of Open Access Journals (Sweden)

Sara Essaten

2018-04-01

Full Text Available Following up the agricultural policy in Morocco and enforcing it, the new strategy Green Morocco Plan (GMP launched in 2008 also stressed on the cereals’ supply. Meantime, despite their significant nutritional role, little attention has been paid to the demand side. This paper intends to perform an econometric analysis of the demand of five main cereals - Common wheat, Durum wheat, Barley, Corn and Rice- using a linear version of the flexible Almost Ideal Demand System (LA/AIDS model. A Seemingly Unrelated Regression (SUR approach has been applied to the demand system equations with annual data covering the period from 1980 to 2015. At the overall, regular econometric restrictions (stability, structural separability, validity, etc. have been respected our results suggest that the relations of complementarity or substitution are not determining in the cereal bundle in Morocco. Also, the Moroccan consumer behavior is characterized by a strong sensibility towards common wheat price’s changes and by a difficult access for the durum wheat as it is considered as luxury good.

Constrained consumption shifting management in the distributed energy resources scheduling considering demand response

International Nuclear Information System (INIS)

Faria, Pedro; Vale, Zita; Baptista, Jose

2015-01-01

Highlights: • Consumption reduction and/or shift to several periods before and after. • Optimization problem for scheduling of demand response and distributed generation. • Minimization of the Virtual Power Player operation (remuneration) costs. • Demand response can be efficient to meet distributed generation shortages. • Consumers benefit with the remuneration of the participation in demand response. - Abstract: Demand response concept has been gaining increasing importance while the success of several recent implementations makes this resource benefits unquestionable. This happens in a power systems operation environment that also considers an intensive use of distributed generation. However, more adequate approaches and models are needed in order to address the small size consumers and producers aggregation, while taking into account these resources goals. The present paper focuses on the demand response programs and distributed generation resources management by a Virtual Power Player that optimally aims to minimize its operation costs taking the consumption shifting constraints into account. The impact of the consumption shifting in the distributed generation resources schedule is also considered. The methodology is applied to three scenarios based on 218 consumers and 4 types of distributed generation, in a time frame of 96 periods

Data model for Demand Side Management

Directory of Open Access Journals (Sweden)

Simona-Vasilica OPREA

2017-08-01

Full Text Available Demand Side Management (DSM is a portfolio of measures to improve the energy system mainly at the consumption level. In this paper we propose a data model for DSM stating from the optimization methods approach in SMARTRADE project from different perspectives of several entities that include: Transmission System Operator (TSO/Distribution System Operators (DSOs perspectives in case of security/reliability concerns: minimum amount of load (or generation shedding; aggregators perspective in case of demand or generation shedding request: Which demand (or generators should be shed?; consumers perspective: load shifting (time-of-use (ToU tariffs and optimum contract strategies with the aggregators (also known as balancing responsible parties- BRP for load shedding.

An Intuitive Definition of Demand Flexibility in Direct Load Control

DEFF Research Database (Denmark)

Tahersima, Fatemeh; Madsen, Per Printz; Andersen, Palle

2013-01-01

Two control approaches: direct and indirect control of demand side energy management in a smart grid are studied. Indirect control of energy demands is based on economic incentives. In this approach, consumers will shift their energy consumption with the benefit of a cut down in the electricity b...

The incident of repetitive demands resolution in consumer affairs: empirical analysis of legal feasibility

Directory of Open Access Journals (Sweden)

Lucas do Monte Silva

2017-05-01

Full Text Available Faced with the scenario of massification of lawsuits, this article intends to analyze the main arguments and questionings of the demands related to moral damage and health plans, on Santa Catarina’s Court of Justice, in order to analyze the possible application of the incident of repetitive demands resolution of the new Civil Procedure Code. To do so, it will be done, first, an analysis of the current context of the Brazilian judiciary, presenting the context of repetitive demands and massification of contracts and introductory aspects of the incident of repetitive demands resolution. Then it will made be a judicial empirical analysis, quantitative and qualitative, through a case study of Santa Catarina Courts of Justice, conducting an empirical study of cross descriptive analysis of the demands related to the issue highlighted above, in order to demonstrate an 'argumentative radiography’ of the judgments of that Court. The results confirmed the possibility of applying IRDR in repetitive demands relating to subjects of this study, with due legal caution, taking into account the high number of “issues of fact” that involve lawsuits that have, among their claims, compensation for moral damages.

Demand Side Management for Multiple Devices

NARCIS (Netherlands)

Molderink, Albert; Bakker, Vincent; Smit, Gerardus Johannes Maria

Steering a heterogeneous set of devices in a Smart Grid using cost functions: Demand Side Management (DSM) is an important element in smart grids. DSM is already in operation for large consumers, but thorough research is required into DSM on a building level within the distribution grid.

Teaching Consumer-Oriented Ethnographic Research

Science.gov (United States)

Wong, Andrew D.; Wu, Lan

2012-01-01

Despite an increasing demand for marketing researchers familiar with ethnographic methods, ethnographic consumer research has received little coverage in current marketing curricula. The innovation discussed in the present paper addresses this problem: it introduces the notion of "cultural relativism" and gives students hands-on experience in…

Preferences of cut flowers consumers

Directory of Open Access Journals (Sweden)

Sylwia Kierczyńska

2010-01-01

Full Text Available The results of interviews suggest that majority of the cut flowers’ consumers has favourite kind of flower, among which most frequently pointed one was the rose. More than half of the interviewed favour the uniform colour of cut flowers and red colour was the most favourite one. The subtle smell of flowers was the most preferable one but the intensive fragrance was favoured for more consumers than odourless flowers. The data from selected florists’ confirm the information from interviews – in spite of the occasion, roses were the most demanded cut flowers.

Which electricity market design to encourage the development of demand response?

OpenAIRE

Vincent Rious, Fabien Roques and Yannick Perez

2012-01-01

Demand response is a cornerstone problem in electricity markets under climate change constraint. Most liberalized electricity markets have a poor track record at encouraging the deployment of smart meters and the development of demand response. In Europe, different models are considered for demand response, from a development under a regulated regime to a development under competitive perspectives. In this paper, focusing on demand response and smart metering for mid-size and small consumers,...

Uranium 2009 resources, production and demand

CERN Document Server

Organisation for Economic Cooperation and Development. Paris

2010-01-01

With several countries currently building nuclear power plants and planning the construction of more to meet long-term increases in electricity demand, uranium resources, production and demand remain topics of notable interest. In response to the projected growth in demand for uranium and declining inventories, the uranium industry – the first critical link in the fuel supply chain for nuclear reactors – is boosting production and developing plans for further increases in the near future. Strong market conditions will, however, be necessary to trigger the investments required to meet projected demand. The "Red Book", jointly prepared by the OECD Nuclear Energy Agency and the International Atomic Energy Agency, is a recognised world reference on uranium. It is based on information compiled in 40 countries, including those that are major producers and consumers of uranium. This 23rd edition provides a comprehensive review of world uranium supply and demand as of 1 January 2009, as well as data on global ur...

Natural gas demand prospects in Korea

Energy Technology Data Exchange (ETDEWEB)

Kwon, Young-Jin [Korea Electric Power Corp. (KEPCO), Seoul (Korea, Republic of)

1997-06-01

Korea s natural gas demand has increase enormously since 1986. Natural gas demand in Korea will approach to 29 million tonnes by the year 2010, from little over 9 million tonnes in 1996. This rapid expansion of natural gas demand is largely due to regulations for environmental protection by the government as well as consumers preference to natural gas over other sources of energy. Especially industrial use of gas will expand faster than other use of gas, although it will not be as high as that in European and North America countries. To meet the enormous increase in demand, Korean government and Korea Gas Corporation (KOGAS) are undertaking expansion of capacities of natural gas supply facilities, and are seeking diversification of import sources, including participation in major gas projects, to secure the import sources on more reliable grounds. (Author). 5 tabs.

Natural gas demand prospects in Korea

International Nuclear Information System (INIS)

Young-Jin Kwon

1997-01-01

Korea s natural gas demand has increase enormously since 1986. Natural gas demand in Korea will approach to 29 million tonnes by the year 2010, from little over 9 million tonnes in 1996. This rapid expansion of natural gas demand is largely due to regulations for environmental protection by the government as well as consumers preference to natural gas over other sources of energy. Especially industrial use of gas will expand faster than other use of gas, although it will not be as high as that in European and North America countries. To meet the enormous increase in demand, Korean government and Korea Gas Corporation (KOGAS) are undertaking expansion of capacities of natural gas supply facilities, and are seeking diversification of import sources, including participation in major gas projects, to secure the import sources on more reliable grounds. (Author). 5 tabs

Fuel switching in Harare : An almost ideal demand system approach

NARCIS (Netherlands)

Chambwera, Muyeye; Folmer, Henk

In urban areas several energy choices are available and the amount of (a given type of) fuel consumed is based on complex household decision processes. This paper analyzes urban fuel (particularly firewood) demand in an energy mix context by means of an Almost Ideal Demand System based on a survey

Fuel switching in Harare: An almost ideal demand system approach

NARCIS (Netherlands)

Chambwera, M.; Folmer, H.

2007-01-01

In urban areas several energy choices are available and the amount of (a given type of) fuel consumed is based on complex household decision processes. This paper analyzes urban fuel (particularly firewood) demand in an energy mix context by means of an Almost Ideal Demand System based on a survey

MARKET TOURS, PEDDLER RECEIPTS AND THE SHOPKEEPER GRAPE VINE: AN IMPORT WHOLESALER’S ATTEMPTS TO GAUGE RURAL, AFRICAN CONSUMER DEMAND IN EARLY COLONIAL NORTHWESTERN TANZANIA

Directory of Open Access Journals (Sweden)

Laird Jones

1999-01-01

Full Text Available This paper examines how early colonial, town-based wholesalers discerned rural African consumer tastes and measured demand for imported goods by focusing on the experience of the O’Swald Mwanza branch from 1906 through 1916. Like many metropolitan firms, O’Swald had extensive experience in the earlier caravan trade. Thus, several decades later, its representatives arrived in Mwanza expecting that import sales would still conform to the tastes of elite caravan era consumers. With the extension of steam transport into the interior and the onset of an early colonial “Cash Crop Revolution,” however, many more rural cultivators and herdspeople than ever before had the means to acquire imports, and these new consumers proved far more fickle with regard to brand, style and novelty than firms like O’Swald had anticipated. They no longer accepted some caravan era favorites, and desired others in increasing variety. Thus, in order to stay on top of what the firm only slowly came to understand as an emerging mass market, the O’Swald men spied on their competition, engaged in brand name advertising, interrogated shopkeepers and peddlers, and increasingly market-tested new products.

Integration of Large-scale Consumers in Smart Grid

OpenAIRE

Rahnama, Samira

2015-01-01

A prominent feature of the smart grid is to involve the consumer side in balancing effort, rather than placing the entire burden of maintaining this balance on the producers. This thesis investigates the utilization of flexible consumers in the future smart grid. The focus of this work is on industrial consumers. We propose a three-level hierarchical control framework, in which a so-called “Aggregator” is located between a number of flexible industrial demands and a grid operator. The aggrega...

How changes in consumer behaviour and retailing affect competence requirements for food producers and processors

DEFF Research Database (Denmark)

Grunert, Klaus G.

2006-01-01

are singled out as especially important: consumer understanding, relationship management, and new product development. The development of market-related competencies aimed at exploiting trends in consumer behaviour and retailing will also entail changing forms of cooperation among members of the value chain......This paper analyses the changing competence requirements which members of the food chain face in their pursuit of competitive advantage. Two groups of trends serve as point of departure: more dynamic and heterogeneous consumer demands, which can be analysed in terms of consumer demands for sensory......, which favour both new ways of adding value but also new ways of matching consumer heterogeneity with heterogeneity in agricultural raw materials....

How changes in consumer behaviour and retailing affect competence requirements for food producers and processors

DEFF Research Database (Denmark)

Grunert, Klaus G.

are singled out as especially important: consumer understanding, relationship management, and new product development. The development of market-related competencies aimed at exploiting trends in consumer behaviour and retailing will also entail changing forms of cooperation among members of the value chain......This paper analyses the changing competence requirements which members of the food chain face in their pursuit of competitive advantage. Two groups of trends serve as point of departure: more dynamic and heterogeneous consumer demands, which can be analysed in terms of consumer demands for sensory......, which favour both new ways of adding value but also new ways of matching consumer heterogeneity with heterogeneity in agricultural raw materials....

The spread model of food safety risk under the supply-demand disturbance.

Science.gov (United States)

Wang, Jining; Chen, Tingqiang

2016-01-01

In this paper, based on the imbalance of the supply-demand relationship of food, we design a spreading model of food safety risk, which is about from food producers to consumers in the food supply chain. We use theoretical analysis and numerical simulation to describe the supply-demand relationship and government supervision behaviors' influence on the risk spread of food safety and the behaviors of the food producers and the food retailers. We also analyze the influence of the awareness of consumer rights protection and the level of legal protection of consumer rights on the risk spread of food safety. This model contributes to the explicit investigation of the influence relationship among supply-demand factors, the regulation behavioral choice of government, the behavioral choice of food supply chain members and food safety risk spread. And this paper provides a new viewpoint for considering food safety risk spread in the food supply chain, which has a great reference for food safety management.

Job stress and job satisfaction: home care workers in a consumer-directed model of care.

Science.gov (United States)

Delp, Linda; Wallace, Steven P; Geiger-Brown, Jeanne; Muntaner, Carles

2010-08-01

To investigate determinants of job satisfaction among home care workers in a consumer-directed model. Analysis of data collected from telephone interviews with 1,614 Los Angeles home care workers on the state payroll in 2003. Multivariate logistic regression analysis was used to determine the odds of job satisfaction using job stress model domains of demands, control, and support. Abuse from consumers, unpaid overtime hours, and caring for more than one consumer as well as work-health demands predict less satisfaction. Some physical and emotional demands of the dyadic care relationship are unexpectedly associated with greater job satisfaction. Social support and control, indicated by job security and union involvement, have a direct positive effect on job satisfaction. Policies that enhance the relational component of care may improve workers' ability to transform the demands of their job into dignified and satisfying labor. Adequate benefits and sufficient authorized hours of care can minimize the stress of unpaid overtime work, caring for multiple consumers, job insecurity, and the financial constraints to seeking health care. Results have implications for the structure of consumer-directed models of care and efforts to retain long-term care workers.

Forecasting of indirect consumables for a Job Shop

Science.gov (United States)

Shakeel, M.; Khan, S.; Khan, W. A.

2016-08-01

A job shop has an arrangement where similar machines (Direct consumables) are grouped together and use indirect consumables to produce a product. The indirect consumables include hack saw blades, emery paper, painting brush etc. The job shop is serving various orders at a particular time for the optimal operation of job shop. Forecasting is required to predict the demand of direct and indirect consumables in a job shop. Forecasting is also needed to manage lead time, optimize inventory cost and stock outs. The objective of this research is to obtain the forecast for indirect consumables. The paper shows how job shop can manage their indirect consumables more accurately by establishing a new technique of forecasting. This results in profitable use of job shop by multiple users.

Crisis resistance of tourist demand: the importance of quality of life

NARCIS (Netherlands)

Bronner, F.; de Hoog, R.

2016-01-01

This article addresses tourist demand during the persisting economic downturn between 2008 and 2013, within the context of expenditures on other consumer goods, taking into account different types of vacations and focusing on the "why" of the development of this demand over time. The research

Load management through agent based coordination of flexible electricity consumers

DEFF Research Database (Denmark)

Clausen, Anders; Demazeau, Yves; Jørgensen, Bo Nørregaard

2015-01-01

Demand Response (DR) offers a cost-effective and carbonfriendly way of performing load balancing. DR describes a change in the electricity consumption of flexible consumers in response to the supply situation. In DR, flexible consumers may perform their own load balancing through load management...

Milk by Any Other Name... Consumer Benefits from Labeled Milk

OpenAIRE

Dhar, Tirtha; Foltz, Jeremy D.

2004-01-01

This article uses revealed preferences of consumers to study the consumer benefits from rBST-free and organic labeled milk. The article specifies and estimates a quadratic AIDS demand system model for different milk types using U.S. supermarket scanner data. The introduction of rBST-free and organic milk is used to estimate consumer benefits that are decomposed into two components, competitive and variety effects. Results show significant consumer benefits from organic milk and to a lesser ex...

Demand Response Programs Design and Use Considering Intensive Penetration of Distributed Generation

Directory of Open Access Journals (Sweden)

Pedro Faria

2015-06-01

Full Text Available Further improvements in demand response programs implementation are needed in order to take full advantage of this resource, namely for the participation in energy and reserve market products, requiring adequate aggregation and remuneration of small size resources. The present paper focuses on SPIDER, a demand response simulation that has been improved in order to simulate demand response, including realistic power system simulation. For illustration of the simulator’s capabilities, the present paper is proposes a methodology focusing on the aggregation of consumers and generators, providing adequate tolls for the demand response program’s adoption by evolved players. The methodology proposed in the present paper focuses on a Virtual Power Player that manages and aggregates the available demand response and distributed generation resources in order to satisfy the required electrical energy demand and reserve. The aggregation of resources is addressed by the use of clustering algorithms, and operation costs for the VPP are minimized. The presented case study is based on a set of 32 consumers and 66 distributed generation units, running on 180 distinct operation scenarios.

Dynamic Pricing in Cloud Manufacturing Systems under Combined Effects of Consumer Structure, Negotiation, and Demand

Directory of Open Access Journals (Sweden)

Wei Peng

2017-01-01

Full Text Available In this study, we proposed a game-theory based framework to model the dynamic pricing process in the cloud manufacturing (CMfg system. We considered a service provider (SP, a broker agent (BA, and a dynamic service demander (SD population that is composed of price takers and bargainers in this study. The pricing processes under linear demand and constant elasticity demand were modeled, respectively. The combined effects of SD population structure, negotiation, and demand forms on the SP’s and the BA’s equilibrium prices and expected revenues were examined. We found that the SP’s optimal wholesale price, the BA’s optimal reservation price, and posted price all increase with the proportion of price takers under linear demand but decrease with it under constant elasticity demand. We also found that the BA’s optimal reservation price increases with bargainers’ power no matter under what kind of demand. Through analyzing the participants’ revenues, we showed that a dynamic SD population with a high ratio of price takers would benefit the SP and the BA.

Monitor consumers market electricity and natural gas 2010

International Nuclear Information System (INIS)

Schalm, T.; Cordeweners, J.; Noorlander, M.; Kahl, E.

2011-02-01

This monitor maps the developments in the energy market for small users (consumers). It can be used to identify possible bottlenecks in this market. The monitoring report describes the energy market for consumers by means of six indicators that are relevant for the operation of the market: demand for products, prices, access and concentration, switching, transparency and service provision. [nl

Consumer choice between ethanol and gasoline: Lessons from Brazil and Sweden

Energy Technology Data Exchange (ETDEWEB)

Pacini, Henrique, E-mail: henrique.pacini@energy.kth.se; Silveira, Semida, E-mail: semida.silveira@energy.kth.se

2011-11-15

The introduction of flex-fuel vehicles since 2003 has made possible for Brazilian drivers to choose between high ethanol blends or gasoline depending on relative prices and fuel economies. In Sweden, flex-fuel fleets were introduced in 2005. Prices and demand data were examined for both Brazil and Sweden. Bioethanol has been generally the most cost-efficient fuel in Brazil, but not for all states. In any case, consumers in Brazil have opted for ethanol even when this was not the optimal economic choice. In Sweden, a different behavior was observed when falling gasoline prices made E85 uneconomical in late 2008. In a context of international biofuels expansion, the example of E85 in Sweden indicates that new markets could experience different consumer behavior than Brazil: demand falls rapidly with reduced price differences between ethanol and gasoline. At the same time, rising ethanol demand and lack of an international market with multiple biofuel producers could lead to higher domestic prices in Brazil. Once the limit curve is crossed, the consumer might react by shifting back to the usage of gasoline. - Research Highlights: > Brazil and Sweden both have infrastructure for high fuel ethanol blends. > Flex-fuel vehicles enable competition between ethanol and gasoline in fuel markets. > Data suggests that consumers make their fuel choice based mainly on prices. > Consumers in Sweden appear to be more price-sensitive than their Brazilian counterparts. > In the absence of international markets, high ethanol prices may drive consumers back to gasoline.

Modelling lifestyle effects on energy demand and related emissions

International Nuclear Information System (INIS)

Weber, C.

2000-01-01

An approach to analyse and quantify the impact of lifestyle factors on current and future energy demand is developed. Thereby not only directly environmentally relevant consumer activities such as car use or heating have been analysed, but also expenditure patterns which induce environmental damage through the production of the consumed goods. The use of household survey data from the national statistical offices offers the possibility to cover this wide range of activities. For the available social-economic household characteristics a variety of different behavioural patterns have been observed. For evaluating the energy and emission consequences of the consumed goods enhanced input-output models are used. The additions implemented - a mixed monetary-energetic approach for inter-industry flows and a separate treatment of transport -related emissions - improve the reliability of the obtained results. The developed approach has been used for analysing current emissions profiles and distributions in West Germany, France and the Netherlands as well as scenarios for future energy demand and related emissions. It therefore provides a comprehensive methodology to analyse environmental effects in a consumer and citizen perspective and thus contributes to an increase transparency of complex economic and ecological interconnections. (author)

Crisis Resistance of Tourist Demand: The Importance of Quality of Life

NARCIS (Netherlands)

Bronner, Fred; de Hoog, Robert

2014-01-01

This article addresses tourist demand during the persisting economic downturn between 2008 and 2013, within the context of expenditures on other consumer goods, taking into account different types of vacations and focusing on the “why” of the development of this demand over time. The research

Consumer demand as a driver of improved working conditions: the 'Ergo-Brand' proposition.

Science.gov (United States)

Neumann, W Patrick; Dixon, Shane M; Nordvall, Anna-Carin

2014-01-01

This article develops and explores the 'Ergo-Brand' proposition, which posits that consumers may prefer to buy goods that are made under good working conditions (GWCs). This preference would enhance a differentiation strategy for companies, thereby fostering the application of ergonomics in production. This proposition is developed in the context of a narrative review of the literature on 'ethical consumerism'. This is supplemented with a survey study, conducted in both Canada and Sweden (n = 141) to explore this proposition. Results indicate that consumers would prefer goods made under GWCs, but not unconditionally as quality and price concerns were ranked higher. Access to information on the working conditions in production was seen as a barrier. Nevertheless, the Ergo-Brand concept may be a viable avenue in promoting attention towards ergonomics in companies - particularly if consumer habits are subject to intervention by advertising. Further research on this strategy is warranted.

Can traceability improve consumers' confidence in food quality and safety?

NARCIS (Netherlands)

Rijswijk, van W.; Cornelisse-Vermaat, J.R.; Frewer, L.J.

2006-01-01

Abstract This paper investigates whether the implementation of traceability systems in line with the European General Food Law as well as food labelling laws related to allergens can impact on consumer confidence in food quality and safety. It aims to give insight into consumer demands regarding

Optimal tariff design under consumer self-selection

Energy Technology Data Exchange (ETDEWEB)

Raesaenen, M.; Ruusunen, J.; Haemaelaeinen, R.

1995-12-31

This report considers the design of electricity tariffs which guides an individual consumer to select the tariff designed for his consumption pattern. In the model the utility maximizes the weighted sum of individual consumers` benefits of electricity consumption subject to the utility`s revenue requirement constraints. The consumers` free choice of tariffs is ensured with the so-called self-selection constraints. The relationship between the consumers` optimal choice of tariffs and the weights in the aggregated consumers` benefit function is analyzed. If such weights exist, they will guarantee both the consumers` optimal choice of tariffs and the efficient consumption patterns. Also the welfare effects are analyzed by using demand parameters estimated from a Finnish dynamic pricing experiment. The results indicate that it is possible to design an efficient tariff menu with the welfare losses caused by the self-selection constraints being small compared with the costs created when some consumers choose tariffs other than assigned for them. (author)

Household food demand analysis: a survey of semiurban and rural ...

African Journals Online (AJOL)

In like manner, increased supply of the highly price-elastic commodities would benefit both the consumer and the producer in that an accompanying reduction in prices with increased supply would lead to a higher margin of demand than the fall in price. Finally, it is suggested that food demand problems in the study area ...

Dynamic electricity pricing—Which programs do consumers prefer?

International Nuclear Information System (INIS)

Dütschke, Elisabeth; Paetz, Alexandra-Gwyn

2013-01-01

Dynamic pricing is being discussed as one method of demand side management (DSM) which could be crucial for integrating more renewable energy sources into the electricity system. At the same time, there have been very few analyses of consumer preferences in this regard: Which type of pricing program are consumers most likely to choose and why? This paper sheds some light on these issues based on two empirical studies from Germany: (1) A questionnaire study including a conjoint analysis-design and (2) A field experiment with test-residents of a smart home laboratory. The results show that consumers are open to dynamic pricing, but prefer simple programs to complex and highly dynamic ones; smart home technologies including demand automation are seen as a prerequisite for DSM. The study provides some indications that consumers might be more willing to accept more dynamic pricing programs if they have the chance to experience in practice how these can be managed in everyday life. At the same time, the individual and societal advantages of such programs are not obvious to consumers. For this reason, any market roll-out will need to be accompanied by convincing communication and information campaigns to ensure that these advantages are perceived. - Highlights: • Little is known about consumer preferences on dynamic pricing. • Two studies are conducted to analyze this topic. • A survey shows that consumers without experience prefer conventional programs. • Test residents of a smart home were more open to dynamic pricing. • They also prefer well-structured programs

Decomposition of electricity demand in China's industrial sector

International Nuclear Information System (INIS)

Steenhof, Paul A.

2006-01-01

In the past five years, China's demand for electricity has accelerated far beyond what central planners had forecasted, leading to supply constraints and costly brownouts throughout the country. This paper presents analysis of the effect of changes in the industrial sector on electricity demand, an important economic sector contributing to these above patterns as it consumes nearly 70% of the electricity generated in China. Using decomposition analysis, it is found that both increased industrial activity and fuel shifts helped increase industrial sector electricity demand between 1998 and 2002, the period of focus in this study, but significant increases in energy efficiency countered this

Flexible Consumers Reserving Electricity and Offering Profitable Downward Regulation

OpenAIRE

Höning, Nicolas; La Poutré, Han; Strunz, K.

2012-01-01

htmlabstractPrevious work on demand response in smart grids considers dynamic real-time prices, but has so far neglected to consider how consumers can also be involved in planning ahead, both for scheduling of consumption and reserving their ability to regulate downward during balancing. This work models a flexible consumer in a novel two-settlement electricity auction. The consumer buys electricity on an ahead market and offers downward regulation on the balancing market. Bidding in two- set...

Evaluating Outdoor Water Use Demand under Changing Climatic and Demographic Conditions: An Agent-based Modeling Approach

Science.gov (United States)

Kanta, L.; Berglund, E. Z.; Soh, M. H.

2017-12-01

Outdoor water-use for landscape and irrigation constitutes a significant end-use in total residential water demand. In periods of water shortages, utilities may reduce garden demands by implementing irrigation system audits, rebate programs, local ordinances, and voluntary or mandatory water-use restrictions. Because utilities do not typically record outdoor and indoor water-uses separately, the effects of policies for reducing garden demands cannot be readily calculated. The volume of water required to meet garden demands depends on the housing density, lawn size, type of vegetation, climatic conditions, efficiency of garden irrigation systems, and consumer water-use behaviors. Many existing outdoor demand estimation methods are deterministic and do not include consumer responses to conservation campaigns. In addition, mandatory restrictions may have a substantial impact on reducing outdoor demands, but the effectiveness of mandatory restrictions depends on the timing and the frequency of restrictions, in addition to the distribution of housing density and consumer types within a community. This research investigates a garden end-use model by coupling an agent-based modeling approach and a mechanistic-stochastic water demand model to create a methodology for estimating garden demand and evaluating demand reduction policies. The garden demand model is developed for two water utilities, using a diverse data sets, including residential customer billing records, outdoor conservation programs, frequency and type of mandatory water-use restrictions, lot size distribution, population growth, and climatic data. A set of garden irrigation parameter values, which are based on the efficiency of irrigation systems and irrigation habits of consumers, are determined for a set of conservation ordinances and restrictions. The model parameters are then validated using customer water usage data from the participating water utilities. A sensitivity analysis is conducted for garden

Cost benefit analysis of the demand side management programs

International Nuclear Information System (INIS)

Schechtman, R.; Baum, M.

1989-01-01

The several cost and benefit components of the demand side management programs for the society groups, including the concessionaire, consumers and society as a whole are studied. The rule evaluations of management programs by demand side, used by North American concessionaire are also discussed. Finally, the numerical examples, that consolidating the concepts and rules evaluation are presented. (C.G.C.). 5 refs, 1 fig, 3 tabs

Actual and potential development of consumer demand on the organic food market in Europe

DEFF Research Database (Denmark)

Jensen, Katherine O'Doherty; Denver, Sigrid; Zanolic, R.

2011-01-01

analysis undertaken by experts. Considerable differences between households underlay patterns of increasing aggregate demand at national levels, and fluctuations over time were identified at the household level. Interest in purchasing organic products on a regular basis and actual changes in shopping...... practices did not proceed apace. Limited availability has constituted a major barrier to increasing demand among ‘regular’ users. Demand on the part of ‘occasional’ users reflected a wider range of barriers, including lack of interest in and knowledge about production and processing and lack of trust...

Reducing electricity demand peaks by scheduling home appliances usage

Energy Technology Data Exchange (ETDEWEB)

Rossello-Busquet, A.; Kardaras, G.; Baek Iversen, V.; Soler, J.; Dittmann, L.

2011-05-15

Nowadays there is a tendency to consume electricity during the same period of the day leading to demand peaks. Regular energy consumption habits lead to demand peaks at specific temporal intervals, because users consume power at the same time. In order to avoid demand peaks, users' appliances should consume electricity in a more temporarily distributed way. A new methodology to schedule the usage of home appliances is proposed and analyzed in this paper. The main concept behind this approach is the aggregation of home appliances into priority classes and the definition of a maximum power consumption limit, which is not allowed to be exceeded during peak hours. The scenario simulated describes a modern household, where the electrical devices are classified in low and high priority groups. The high priority devices are always granted power in order to operate without temporal restrictions. On the contrary, the low priority devices have to pause their operation, when the algorithm dictates it, and resume it in the future. This can become beneficial for both energy companies and users. The electricity suppliers companies will be capable of regulating power generation during demand peaks periods. Moreover, users can be granted lower electricity bill rates for accepting delaying the operation of some of their appliances. In order to analyze this scenario, teletraffic engineering theory, which is used in evaluating the performance of telecommunication networks, is used. A reversible fair scheduling (RFS) algorithm, which was originally developed for telecommunication networks, is applied. The purpose is to analyze how a power consumption limit and priorities for home appliances will affect the demand peak and the users' everyday life. Verification of the effectiveness of the RFS algorithm is done by means of simulation and by using real data for power consumption and operation hours. The defined maximum power limit of 750 and 1000 Watt was not exceeded during

An analysis of a demand charge electricity grid tariff in the residential sector

International Nuclear Information System (INIS)

Stokke, A. V.; Doorman, G.L.; Ericson, T.

2010-01-01

This paper analyzes the demand response from residential electricity consumers to a demand charge grid tariff. The tariff charges the maximum hourly peak consumption in each of the winter months Dec, Jan, and Feb, thus giving incentives to reduce peak consumption. We use hourly electricity consumption data from 443 households, as well as data on their grid and power prices, the local temperature, wind speed, and hours of daylight. The panel data set is analyzed with a fixed effects regression model. The estimates indicate average demand reductions up to 0.37 kWh/h per household in response to the tariff. This is on average a 5% reduction, with a maximum reduction of 12% in hour 8 in Dec. The consumers did not receive any information on their continuous consumption or any reminders when the tariff was in effect. It is likely that the consumption reductions would have been even higher with more information to the consumers.

On the path independence conditions for discrete-continuous demand

DEFF Research Database (Denmark)

Batley, Richard; Ibáñez Rivas, Juan Nicolás

2013-01-01

We consider the manner in which the well-established path independence conditions apply to Small and Rosen's (1981) problem of discrete-continuous demand, focussing especially upon the restricted case of discrete choice (probabilistic) demand. We note that the consumer surplus measure promoted...... by Small and Rosen, which is specific to the probabilistic demand, imposes path independence to price changes a priori. We find that path independence to income changes can further be imposed provided a numeraire good is available in the consumption set. We show that, for practical purposes, Mc...

Policy implications of considering pre-commitments in U.S. aggregate energy demand system

International Nuclear Information System (INIS)

Rowland, Christopher S.; Mjelde, James W.; Dharmasena, Senarath

2017-01-01

Linear approximations of the Generalized Almost Ideal Demand System and Almost Ideal Demand System for U.S. energy are compared to contrast the explicit inclusion and exclusion of pre-committed consumption levels. Results indicate that pre-commitment levels, the quantity of a good that is consumed in the short run with little regard for price, helps to better explain energy demand in the U.S. compared to the system that does not explicitly consider pre-commitments. Policy implications are if pre-commitments are a legitimate assumption, larger price changes are necessary to achieve a given policy objective than if there are no pre-commitments. - Highlights: • Pre-commitments are the quantity that is consumed with little regard for price. • Demand systems with pre-commitment levels better explain energy demand. • Elasticities from assuming pre-commitments are more elastic. • Estimated elasticities apply to discretionary and not pre-commitment consumption. • Pre-commitments require larger price changes to achieve a given policy objective.

Choices in the Marketplace: A Basic Unit on Consumer Economics.

Science.gov (United States)

Heyne, Paul; Stevahn, Laurie

Consumer decision-making and its consequences for individual consumers and societal groups are examined in this economic unit for secondary school students. Seven lessons focus on developing an understanding of the concepts of scarcity, supply and demand, resources, choice, price, and interdependence and on fostering an economic way of thinking.…

Consumer choice between ethanol and gasoline: Lessons from Brazil and Sweden

International Nuclear Information System (INIS)

Pacini, Henrique; Silveira, Semida

2011-01-01

The introduction of flex-fuel vehicles since 2003 has made possible for Brazilian drivers to choose between high ethanol blends or gasoline depending on relative prices and fuel economies. In Sweden, flex-fuel fleets were introduced in 2005. Prices and demand data were examined for both Brazil and Sweden. Bioethanol has been generally the most cost-efficient fuel in Brazil, but not for all states. In any case, consumers in Brazil have opted for ethanol even when this was not the optimal economic choice. In Sweden, a different behavior was observed when falling gasoline prices made E85 uneconomical in late 2008. In a context of international biofuels expansion, the example of E85 in Sweden indicates that new markets could experience different consumer behavior than Brazil: demand falls rapidly with reduced price differences between ethanol and gasoline. At the same time, rising ethanol demand and lack of an international market with multiple biofuel producers could lead to higher domestic prices in Brazil. Once the limit curve is crossed, the consumer might react by shifting back to the usage of gasoline. - Research highlights: → Brazil and Sweden both have infrastructure for high fuel ethanol blends. → Flex-fuel vehicles enable competition between ethanol and gasoline in fuel markets. → Data suggests that consumers make their fuel choice based mainly on prices. → Consumers in Sweden appear to be more price-sensitive than their Brazilian counterparts. → In the absence of international markets, high ethanol prices may drive consumers back to gasoline.

Swedish Consumers' Perception of Food Quality and Sustainability in Relation to Organic Food Production.

Science.gov (United States)

Bosona, Techane; Gebresenbet, Girma

2018-04-01

Consumers' demand for locally produced and organic foods has increased in Sweden. This paper presents the results obtained from the analysis of data acquired from 100 consumers in Sweden who participated in an online survey during March to June 2016. The objective was to identify consumers' demand in relation to organic food and sustainable food production, and to understand how the consumers evaluate food quality and make buying decisions. Qualitative descriptions, descriptive statistics and Pearson's Chi-square test (with alpha value of p price were found to be relatively less important parameters. Food buying decisions and food quality were found to be highly related with Pearson's correlation coefficient of r = 0.99.

Decentralized planning of energy demand for the management of robustness and discomfort

NARCIS (Netherlands)

Pournaras, E.; Vasirani, M.; Kooij, R.E.; Aberer, K.

2014-01-01

The robustness of smart grids is challenged by unpredictable power peaks or temporal demand oscillations that can cause blackouts and increase supply costs. Planning of demand can mitigate these effects and increase robustness. However, the impact on consumers in regards to the discomfort they

Quantifying effects of convenience and product packaging on consumer preferences and market share of seafood products

DEFF Research Database (Denmark)

Mueller Loose, Simone; Peschel, Anne; Grebitus, Carola

2013-01-01

,718 Australian oyster consumers participated in an online choice experiment with visual product stimuli to simulate their choice of ready-packaged oysters in a retail store. Considering preference heterogeneity respondents’ choices were analysed with a scale adjusted latent class model and six different consumer...... serving suggestions were assessed in a choice experiment. The impact of product packaging and preparation convenience on consumer choice were analysed relative to the traditional demand factors of price, region of origin, oyster species, health, environmental and quality claims. A total of 1...... a minor influence on consumer choice. Consumer differences in price sensitivity and preferences for species and different oyster accompaniments provide scope for consumer oriented product differentiation with the potential to increase oyster demand and healthy seafood consumption....

Moving from Outsider to Insider: Peer Status and Partnerships between Electricity Utilities and Residential Consumers

Science.gov (United States)

Morris, Peter; Buys, Laurie; Vine, Desley

2014-01-01

An electricity demand reduction project based on comprehensive residential consumer engagement was established within an Australian community in 2008. By 2011, both the peak demand and grid supplied electricity consumption had decreased to below pre-intervention levels. This case study research explored the relationship developed between the utility, community and individual consumer from the residential customer perspective through qualitative research of 22 residential households. It is proposed that an energy utility can be highly successful at peak demand reduction by becoming a community member and a peer to residential consumers and developing the necessary trust, access, influence and partnership required to create the responsive environment to change. A peer-community approach could provide policymakers with a pathway for implementing pro-environmental behaviour for low carbon communities, as well as peak demand reduction, thereby addressing government emission targets while limiting the cost of living increases from infrastructure expenditure. PMID:24979234

Owning, letting and demanding second homes in Denmark

DEFF Research Database (Denmark)

Bloze, Gintautas; Skak, Morten

with administrative register data and presents estimations of the probability of owning a second home, the decision to let the second home and the number of let weeks per year. Also income elasticities for primary and second housing demand are estimated. We find a conventional monotonic increase in demand...... elasticities for primary housing demand for non-owners of second homes; however, owners of second homes have the highest income elasticity in the middle income group.......An increasing number of households consume housing beyond the primary home as owners of a second home. Economic studies of non-speculative demand for second homeownership are still scarce, and the present empirical study fills this gap to some extent. It is based on Danish survey data combined...

Aggregate industrial energy consumer response to wholesale prices in the restructured Texas electricity market

International Nuclear Information System (INIS)

Zarnikau, Jay; Hallett, Ian

2008-01-01

The aggregate response of consumers to wholesale price signals is very limited in the restructured Electric Reliability Council of Texas (ERCOT) market. An overall average own-price elasticity of demand of - 0.000008 for industrial energy consumers served at transmission voltage is estimated using a Symmetric Generalized McFadden cost function model. To date, ERCOT has sought to promote demand response to price signals without reliance on 'stand alone' demand response programs, but with a market structure that is designed to facilitate economic demand response. This very limited responsiveness to wholesale price signals may prove problematic in light of policy decisions to pursue an 'energy only' resource adequacy mechanism for ERCOT. (author)

Pork Preference for Consumers in China, Japan and South Korea

Directory of Open Access Journals (Sweden)

S.-H. Oh

2012-01-01

Full Text Available Competition in global pork markets has increased as trade barriers have opened as a result of free trade agreements. Japanese prefer both loin and Boston butt, while Chinese prefer pork offal. Frozen pork has increased in terms of imports into China. Japanese consumers consider pork meat origin along with pork price when making purchase decisions. While the Chinese prefer a strong tasting pork product, South Korean consumers show very strong preferences to pork that is higher in fat. Therefore, South Korean consumers have a higher demand for pork belly and Boston butt. Consequently, the supply and demand of pork in Korea is hardly met, which means that importation of high fat parts is inevitable. In Korea there is lower preference toward low fat parts such as loin, picnic shoulder, and ham. During the economic depression in South Korea there have been observable changes in consumer preferences. There remains steep competition among the pork exporting countries in terms of gaining share in the international pork market. If specific consumer preferences would be considered carefully, there is the possibility to increase the amount of pork exported to these countries.

Pork Preference for Consumers in China, Japan and South Korea

Science.gov (United States)

Oh, S.-H.; See, M. T.

2012-01-01

Competition in global pork markets has increased as trade barriers have opened as a result of free trade agreements. Japanese prefer both loin and Boston butt, while Chinese prefer pork offal. Frozen pork has increased in terms of imports into China. Japanese consumers consider pork meat origin along with pork price when making purchase decisions. While the Chinese prefer a strong tasting pork product, South Korean consumers show very strong preferences to pork that is higher in fat. Therefore, South Korean consumers have a higher demand for pork belly and Boston butt. Consequently, the supply and demand of pork in Korea is hardly met, which means that importation of high fat parts is inevitable. In Korea there is lower preference toward low fat parts such as loin, picnic shoulder, and ham. During the economic depression in South Korea there have been observable changes in consumer preferences. There remains steep competition among the pork exporting countries in terms of gaining share in the international pork market. If specific consumer preferences would be considered carefully, there is the possibility to increase the amount of pork exported to these countries. PMID:25049488

THE DEMAND FOR MEAT PRODUCTS IN THE UNITED STATES: AN EMPIRICAL ANALYSIS

OpenAIRE

Olowolayemo, Surajudeen O.; Martin, Neil R., Jr.; Raymond, Jennie E.

1993-01-01

Given the importance of meat consumption, and the proportion of consumers' income spent on meat, this study estimates the demand for eight meat categories using two different functional forms. An inverse almost ideal demand system (IAIDS), and linear double-log price dependent demand models are specified. In most cases, flexibilities obtained from both methods are comparable and show that the demand for meat products is price inflexible. In addition, there are regional as well as seasonal var...

Analysis on the Changes in Consumer Behavior and Marketing Countermeasure

Directory of Open Access Journals (Sweden)

Wang Haiyu

2015-01-01

Full Text Available Currently, there’s a huge change in the media use habit, demand and route to get the information for the consumers, and the right of consumers to release information is mostly realized, indicating an actual return of consumer sovereignty. In such a background, it is undoubtedly the best choice for the marketing of enterprise brand to focus on the target people, manage the client relation and increase the socialized videos.

A Novel Technique to Enhance Demand Responsiveness

DEFF Research Database (Denmark)

Farashbashi-Astaneh, Seyed-Mostafa; Bhattarai, Bishnu Prasad; Bak-Jensen, Birgitte

2015-01-01

In this study, a new pricing approach is proposed to increase demand responsiveness. The proposed approach considers two well-known demand side management techniques, namely peak shaving and valley filling. This is done by incentivising consumers by magnifying price difference between peak and off......-peak hours. The usefulness of the suggested method is then investigated by its combination with an electric vehicle optimal scheduling methodology which captures both economic valuation and grid technical constraints. This case is chosen in this study to address network congestion issues, namely under...

Co-evolution of demand and supply under competition

NARCIS (Netherlands)

Vermeulen, B.; Kok, de A.G.

2009-01-01

In this paper, we derive strategies to enforce dominance in a business-to-consumer market with heterogeneous, competing products, while the market segmentation evolves through interaction of demand and supply. By using evolutionary economic notions, we extend operations management studies on

Global sustainable timber supply and demand

Science.gov (United States)

Peter J. Ince

2010-01-01

Industrial timber use has provided timber revenue that has helped make timber supply and demand more sustainable in the leading timber producing regions of the world. Sustainable development implies not consuming more resources today than we can replace tomorrow, but sustainable forest management implies more than merely a non-declining supply of timber. Forests as a...

Consumer Demands

DEFF Research Database (Denmark)

Holm-Nielsen, Jens Bo

1996-01-01

to farms that supply fresh manure to the digestion process, partly to crop farms in need of organic fertilizers. Environmental and agricultural benefits include savings for farmers as a consequence of improved fertilizer efficiency and thereby reduction  of needs of chemical fertilizers. A side effect...

The emergence of diverse organic consumers

DEFF Research Database (Denmark)

Lund, Thomas Bøker; Andersen, Laura Mørch; Jensen, Katherine O'Doherty

2013-01-01

as positively oriented segments that differ in their food involvement, shopping behaviour and levels of ethical concern have appeared, while marketing and distribution strategies have co-developed with these trends. We discuss our findings in the light of the attitude-behaviour gap that is said to exist......This study uses qualitative and quantitative data as well as household panel data regarding actual purchases of organic food in order to make a psychographic profiling of organic consumers and examine recent developments of organic demand in Denmark. It is shown that contemporary organic consumers...... in regard to organic consumption and the consequences that are thought to follow from the detachment of consumers from organic producers according to the much debated conventionalisation thesis....

Consumers and Experts : An Econometric Analysis of the Demand for Water Heaters

NARCIS (Netherlands)

Bartels, R.; Fiebig, D.G.; van Soest, A.H.O.

2003-01-01

Consumers can accumulate product information on the basis of a combination of searching, product advertising and expert advice.Examples of experts who provide product information include doctors advising patients on treatments, motor mechanics diagnosing car problems and recommending repairs,

The role of brand image congruity in Iranian consumers’ demand for auto parts

Directory of Open Access Journals (Sweden)

Naser Azad

2014-06-01

Full Text Available One of the primary issues in handling demands for auto parts in the world is to build a mutual trust between consumers and vendors. When people trust a brand, they purchase more easily and it is possible to develop market. In Iran, there is a growing interest in demand for auto parts and each year, tens of millions of auto parts are getting sold. This paper presents an empirical investigation to detect the effects of brand image on demand for auto parts. Using a sample of 202 randomly selected people who buy/sell auto parts in city of Tehran, Iran, the study determines three variables including brand strength, brand attributes and consumer trust through the implementation of structural equation modeling.

A PROBABILISTIC DEMAND APPLICATION IN THE AMERICAN CRACKER MARKET

Directory of Open Access Journals (Sweden)

Rutherford Cd. Johnson

2016-07-01

Full Text Available Knowledge of the distribution of consumer buying strategies by producers may permit improved marketing strategies and improved ability to respond to volatile market conditions. In order to investigate potential ways of gaining such knowledge, this study extends the work of Kahneman, Russell, and Thaler through the application of a probabilistic demand framework using Choice Wave theory, based on the Schrödinger Wave Equation in quantum mechanics. Probabilistic variability of response to health information and its potential influence on buying strategies is also investigated, extending the work of Clement, Johnson, Hu, Pagoulatos, and Debertin. In the present study, the domestic cracker market within fourteen U.S. metropolitan areas is segmented, using the Choice Wave Probabilistic Demand approach, into two statistically independent “Consumer Types” of seven metropolitan areas each. The two Consumer Types are shown to have statistically different elasticities than each other and from the combined market as a whole. This approach may provide not only improved marketing strategies through improved awareness of consumer preferences and buying strategies, especially in the volatile agricultural sector, but also may be useful in aiding producers of store brand/private label products in finding desirable markets in which to compete against national brands. The results also suggest that supply/producer-side strategies should take into account the ways in which information, whether under the direct control of the producer or not, may influence and change consumer buying strategies.

The Dynamic Pricing of Next Generation Consumer Durables

OpenAIRE

Barry L. Bayus

1992-01-01

Learning curve effects, aspects of consumer demand models (e.g., reservation price distributions, intertemporal utility maximizing behavior), and competitive activity are reasons which have been offered to explain why prices of new durables decline over time. This paper presents an alternative rationale based on the buying behavior for products with overlapping replacement cycles (i.e., next generation products). A model for consumer sales of a new durable is developed by incorporating the re...

Resiliently evolving supply-demand networks

Science.gov (United States)

Rubido, Nicolás; Grebogi, Celso; Baptista, Murilo S.

2014-01-01

The ability to design a transport network such that commodities are brought from suppliers to consumers in a steady, optimal, and stable way is of great importance for distribution systems nowadays. In this work, by using the circuit laws of Kirchhoff and Ohm, we provide the exact capacities of the edges that an optimal supply-demand network should have to operate stably under perturbations, i.e., without overloading. The perturbations we consider are the evolution of the connecting topology, the decentralization of hub sources or sinks, and the intermittence of supplier and consumer characteristics. We analyze these conditions and the impact of our results, both on the current United Kingdom power-grid structure and on numerically generated evolving archetypal network topologies.

The impact of point-of-sale data in demand planning in the South African clothing retail industry

Directory of Open Access Journals (Sweden)

Douglas N. Raza

2017-08-01

Full Text Available Background: In modern days’ dynamic consumer markets, supply chains need to be value driven and consumer oriented. Demand planning allows supply chain members to focus on the consumer and create optimal value. In demand planning, Point-of-Sale (POS data are an essential input to the process thereof; however, literature suggests that POS-based demand planning is often overlooked by demand planners in practice. Objective: The main purpose of this study was to determine the extent to which South African clothing retailers use POS data in demand planning. Method: This study followed the grounded theory approach based on the collection of qualitative data. The data collected was analysed following the grounded theory analysis using codes that resulted in various categories which then developed into themes. Findings: Findings suggest that companies within the clothing retail industry make considerable use of POS data and is a fundamental input factor in the demand planning process. However, this study also found that POS data cannot be applied in the planning for all types of clothing products, and that there are variables other than POS data that form a critical part of the demand planning process. Conclusion: POS data plays a fundamental role is the demand planning process and should be accurately collected and used with other qualitative and quantitative factors as an input factor to the demand planning process. The role of POS data in demand planning is expected to grow as customers are becoming increasingly demanding concerning customer service levels.

MEDICAL TOURISM : Demand for Cuban Medical Tourism by Russian Consumers

OpenAIRE

Ulanova, Anastasia

2015-01-01

Medical tourism, often addressed as health tourism, is a new concept in terms of tourism industry in general, and it is also one of the rapidly developing and growing ones. This thesis gives information on the medical tourism in general and its history. It also revises the development stages of the medical tourism in the world. Cuban medical tourism is analyzed on its own, as well as Russian medical tourism and the demand for it. Medical tourism is rather popular among Russians due to various...

Demand-side management and demand response in the Ontario energy sectors

International Nuclear Information System (INIS)

2003-01-01

In June 2003, the Ontario Energy Board was asked by the Minister of Energy to identify and review options for the delivery of demand-side management (DSM) and demand response (DR) activities within the electricity sector, by consulting with stakeholders. The role of local distribution company (distributor) in such activities was also to be determined. The objective was to balance implementation costs with the benefits to consumers and the entire system. The preliminary research and ideas were presented in this discussion paper. Definitions of both DSM and DR were provided, followed by an overview of economic theory and competitive markets. The framework for discussion was presented, along with a list of issues and other considerations. A spectrum of potential approaches to a DSM and DR framework was included and jurisdictional examples provided. A brief overview of the concept of load aggregation was presented and the next steps for consultations were outlined. 30 refs., 7 tabs

A bilevel model for electricity retailers' participation in a demand response market environment

International Nuclear Information System (INIS)

Zugno, Marco; Morales, Juan Miguel; Pinson, Pierre; Madsen, Henrik

2013-01-01

Demand response programmes are seen as one of the contributing solutions to the challenges posed to power systems by the large-scale integration of renewable power sources, mostly due to their intermittent and stochastic nature. Among demand response programmes, real-time pricing schemes for small consumers are believed to have significant potential for peak-shaving and load-shifting, thus relieving the power system while reducing costs and risk for energy retailers. This paper proposes a game theoretical model accounting for the Stackelberg relationship between retailers (leaders) and consumers (followers) in a dynamic price environment. Both players in the game solve an economic optimisation problem subject to stochasticity in prices, weather-related variables and must-serve load. The model allows the determination of the dynamic price-signal delivering maximum retailer profit, and the optimal load pattern for consumers under this pricing. The bilevel programme is reformulated as a single-level MILP, which can be solved using commercial off-the-shelf optimisation software. In an illustrative example, we simulate and compare the dynamic pricing scheme with fixed and time-of-use pricing. We find that the dynamic pricing scheme is the most effective in achieving load-shifting, thus reducing retailer costs for energy procurement and regulation in the wholesale market. Additionally, the redistribution of the saved costs between retailers and consumers is investigated, showing that real-time pricing is less convenient than fixed and time-of-use price for consumers. This implies that careful design of the retail market is needed. Finally, we carry out a sensitivity analysis to analyse the effect of different levels of consumer flexibility. - Highlights: ► We model the game between electricity retailers and consumers under dynamic pricing. ► The retailer cuts procurement costs by shifting demand in time via price-incentive. ► Imbalance costs for the retailer taper

Exploring Tradeoffs in Demand-Side and Supply-Side Management of Urban Water Resources Using Agent-Based Modeling and Evolutionary Computation

Directory of Open Access Journals (Sweden)

Lufthansa Kanta

2015-11-01

Full Text Available Urban water supply systems may be managed through supply-side and demand-side strategies, which focus on water source expansion and demand reductions, respectively. Supply-side strategies bear infrastructure and energy costs, while demand-side strategies bear costs of implementation and inconvenience to consumers. To evaluate the performance of demand-side strategies, the participation and water use adaptations of consumers should be simulated. In this study, a Complex Adaptive Systems (CAS framework is developed to simulate consumer agents that change their consumption to affect the withdrawal from the water supply system, which, in turn influences operational policies and long-term resource planning. Agent-based models are encoded to represent consumers and a policy maker agent and are coupled with water resources system simulation models. The CAS framework is coupled with an evolutionary computation-based multi-objective methodology to explore tradeoffs in cost, inconvenience to consumers, and environmental impacts for both supply-side and demand-side strategies. Decisions are identified to specify storage levels in a reservoir that trigger: (1 increases in the volume of water pumped through inter-basin transfers from an external reservoir; and (2 drought stages, which restrict the volume of water that is allowed for residential outdoor uses. The proposed methodology is demonstrated for Arlington, Texas, water supply system to identify non-dominated strategies for an historic drought decade. Results demonstrate that pumping costs associated with maximizing environmental reliability exceed pumping costs associated with minimizing restrictions on consumer water use.

A MODEL FOR THE DEMAND FOR HIGHER EDUCATION IN THE UNITED STATES, 1919-64.

Science.gov (United States)

CAMPBELL, ROBERT; SIEGEL, BARRY N.

STATISTICAL DEMAND ANALYSIS, WHICH EMPHASIZES THE INFLUENCE OF RELATIVE PRICES AND REAL INCOME UPON THE DEMAND FOR A COMMODITY, WAS USED TO DEVELOP A MODEL OF THE DEMAND FOR HIGHER EDUCATION. THE STUDY IS BASED ON THE FACT THAT COLLEGE ENROLLMENT REPRESENTS THE PURCHASE OF BOTH A PRODUCER AND CONSUMER DURABLE, AND IS AN ACT OF INVESTMENT.…

Time-of-use based electricity demand response for sustainable manufacturing systems

International Nuclear Information System (INIS)

Wang, Yong; Li, Lin

2013-01-01

As required by the Energy Policy Act of 2005, utility companies across the U.S. are offering TOU (time-of-use) based electricity demand response programs. The TOU rate gives consumers opportunities to manage their electricity bill by shifting use from on-peak periods to mid-peak and off-peak periods. Reducing the amount of electricity needed during the peak load times makes it possible for the power grid to meet consumers' needs without building more costly backup infrastructures and help reduce GHG (greenhouse gas) emissions. Previous research on the applications of TOU and other electricity demand response programs has been mainly focused on residential and commercial buildings while largely neglected industrial manufacturing systems. This paper proposes a systems approach for TOU based electricity demand response for sustainable manufacturing systems under the production target constraint. Key features of this approach include: (i) the electricity related costs including both consumption and demand are integrated into production system modeling; (ii) energy-efficient and demand-responsive production scheduling problems are formulated and the solution technique is provided; and (iii) the effects of various factors on the near-optimal scheduling solutions are examined. The research outcome is expected to enhance the energy efficiency, electricity demand responsiveness, and cost effectiveness of modern manufacturing systems. - Highlights: • We propose a TOU based demand response approach for manufacturing systems. • Both electricity consumption and demand are integrated into the system modeling. • Energy-efficient and demand-responsive production scheduling problems are formulated. • The meta-heuristic solution technique is provided. • The effects of various factors on the scheduling solutions are examined

THE CONTENT OF AN ECONOMIC CATEGORY AND THE MEASUREMENT OF THE MARKET DEMAND

Directory of Open Access Journals (Sweden)

Anatoly V. Korotkov

2014-01-01

Full Text Available The aim of the article is to study the economic and statistical categories and levels of consumer demand. There is no uniformity in the interpretation of the content of an economic category and demand level in the literature on the economic theory and applied research of the market. We want to conduct the verification of the demand category, a consolidation of the wording of measuring the level of demand, the classification of demand. Theoretical basis of the conducted research is the methodology of the economic theory and the general theory of statistics.

Development of vegetables with improved consumer quality : a case study in Brussels sprouts

NARCIS (Netherlands)

Doorn, van J.E.

1999-01-01

In the last decade the vegetable production chain has changed from being production- driven into customer-driven, with special attention for consumer preferences. The current consumers want vegetables with additional value and demand convenient healthy vegetables with improved flavour and

Views of Health System Experts on Macro Factors of Induced Demand

Directory of Open Access Journals (Sweden)

Elahe Khorasani

2014-01-01

Conclusions: Results of this research present a framework for analyzing the major causes of induced demand. The causes identified here include complexity of medicine, information mismatch between service providers and consumers, clinical uncertainty, false beliefs, advertisements, insufficient supervision, scarcity of clinical guidelines, weakness of education system, and ignorance of medical ethics. These findings help policymakers to investigate the induced demand phenomenon clear-sighted.

Stability Concerns for Indirect Consumer Control in Smart Grids

DEFF Research Database (Denmark)

Juelsgaard, Morten; Andersen, Palle; Wisniewski, Rafal

2013-01-01

by an external third party, and indirect consumer control through incentives and price signals. In this work we present a simple formulation of indirect control, where the behavior of each consumer, is governed by local optimization of energy consumption. The local optimization accounts for both cost of energy...... and distribution losses, as well as any discomfort incurred by consumers from any shift in energy consumption. Our work will illustrate that in the simplest formulation of indirect control, the stability is greatly affected of both the behavior of consumers, and the number of consumers to include. We will show how......Demand side management will be an important tool for maintaining a balanced electrical grid in the future, when the penetration of volatile resources, such as wind and solar energy increases. Recent research focuses on two different management approaches, namely direct consumer control...

CONSUMER DEMAND FOR AND ATTITUDES TOWARD ALTERNATIVE BEEF LABELING STRATEGIES IN FRANCE, GERMANY, AND THE UK

OpenAIRE

Roosen, Jutta; Lusk, Jayson L.; Fox, John A.

2001-01-01

A wide array of food safety scares and breakdowns have led to loss of consumer confidence in the quality and safety of beef products. To counteract such concerns, firms and regulators have the ability to utilize brands or labels to signal quality. Utilizing a mail survey in France, Germany, and the United Kingdom, we analyzed consumer preferences for alternative beef labeling strategies. Using an ordered probit model and a double bounded logit model, we estimate consumer preferences for alter...

Retail sector responses to changing consumer preferences

DEFF Research Database (Denmark)

Codron, Jean-Marie; Grunert, Klaus G.; Giraud-Heraud, Eric

2005-01-01

, more healthful, or produced in ways that are more beneficial to the environment and take animal welfare and equitable labor concerns into consideration. For example, 80 percent of the consumers in the European Union (EU) indicate a concern for animal welfare (Blandford and Fulponi, 1999), and European...... consumers are increasingly demanding organic food products and a wider selection of such products (Lohr, 2001). The social concerns for equitable income distribution and sustainable development are reflected in the growth of sales of products marketed under Fair Trade labels. The European Fair Trade market...

[Health care economics, uncertainty and physician-induced demand].

Science.gov (United States)

Domenighetti, G; Casabianca, A

1995-10-21

The health care market is a very particular one that is mainly characterized by the absence of information and transparency at every level, particularly between the physician-supplier and the patient-consumer. On this market it is up to the physician to evaluate and define the patient's needs and to decide which are the most effective goods for the patient. The determinants of medical prescription are not only related to the health status of the patient, but also to the payment system (fee for services, salary), to physician density, professional uncertainty, the role and status of the physician in his profession, the legal framework which rules the medical profession, and also the information level of the patient. Agency relationship and professional uncertainty are the most relevant determinants of supplier-induced demand. Professional uncertainty inherent in the practice of a stochastic art such as medicine will "always" give an ethical justification for supplier-induced demand or for the pursuit of "maximal" and/or "defensive" care when market competition is perceived by the physician as a threat to his/her income or employment. Time is ripe for consumers and physicians empowerment in the aim to promote better self-management of health and more thoughtful access to care (for consumers) and more evidences based medicine for physicians.

Flexible demand in the GB domestic electricity sector in 2030

International Nuclear Information System (INIS)

Drysdale, Brian; Wu, Jianzhong; Jenkins, Nick

2015-01-01

Highlights: • Annual domestic demand by category and daily flexible load profiles are shown to 2030. • Valuable flexible demand requires loads to be identifiable, accessible, and useful. • The extent of flexible demand varies significantly on a diurnal and seasonal basis. • Barriers to accessing domestic demand include multiple low value loads and apathy. • Existing market structure a barrier to fully rewarding individual load flexibility. - Abstract: In order to meet greenhouse gas emissions targets the Great Britain (GB) future electricity supply will include a higher fraction of non-dispatchable generation, increasing opportunities for demand side management to maintain a supply/demand balance. This paper examines the extent of flexible domestic demand (FDD) in GB, its usefulness in system balancing and appropriate incentives to encourage consumers to participate. FDD, classified as electric space and water heating (ESWH), and cold and wet appliances, amounts to 59 TW h in 2012 (113 TW h total domestic demand) and is calculated to increase to 67 TW h in 2030. Summer and winter daily load profiles for flexible loads show significant seasonal and diurnal variations in the total flexible load and between load categories. Low levels of reflective consumer engagement with electricity consumption and a resistance to automation present barriers to effective access to FDD. A value of £1.97/household/year has been calculated for cold appliance loads used for frequency response in 2030, using 2013 market rates. The introduction of smart meters in GB by 2020 will allow access to FDD for system balancing. The low commercial value of individual domestic loads increases the attractiveness of non-financial incentives to fully exploit FDD. It was shown that appliance loads have different characteristics which can contribute to an efficient power system in different ways

Effects of Panax ginseng, consumed with and without glucose, on blood glucose levels and cognitive performance during sustained 'mentally demanding' tasks.

Science.gov (United States)

Reay, Jonathon L; Kennedy, David O; Scholey, Andrew B

2006-11-01

Single doses of the traditional herbal treatment Panax ginseng have recently been shown to lower blood glucose levels and elicit cognitive improvements in healthy, overnight-fasted volunteers. The specific mechanisms responsible for these effects are not known. However, cognitive improvements may be related to the glycaemic properties of Panax ginseng. Using a double-blind, placebo-controlled, balanced-crossover design, 27 healthy young adults completed a 10 minute "cognitive demand" test battery at baseline. They then consumed capsules containing either ginseng (extract G115) or a placebo and 30 minutes later a drink containing glucose or placebo. A further 30 minutes later (i.e. 60 minutes post-baseline/capsules) they completed the "cognitive demand" battery six times in immediate succession. Depending on the condition to which the participant was allocated on that particular day, the combination of capsules/drink treatments corresponded to a dose of: 0mg G115/0 mg glucose (placebo); 200mg G115/0 mg glucose (ginseng); 0 mg G115/25 g glucose (glucose) or 200 mg G115/25 g glucose (ginseng/glucose combination). The 10 minute "cognitive demand" battery comprised a Serial Threes subtraction task (2 min); a Serial Sevens subtraction task (2 min); a Rapid Visual Information Processing task (5 min); and a "mental fatigue" visual analogue scale. Blood glucose levels were measured prior to the day's treatment, and before and after the post-dose completions of the battery. The results showed that both Panax ginseng and glucose enhanced performance of a mental arithmetic task and ameliorated the increase in subjective feelings of mental fatigue experienced by participants during the later stages of the sustained, cognitively demanding task performance. Accuracy of performing the Rapid Visual Information Processing task (RVIP) was also improved following the glucose load. There was no evidence of a synergistic relationship between Panax ginseng and exogenous glucose ingestion

Review of barriers to the introduction of residential demand response : A case study in the Netherlands

NARCIS (Netherlands)

Weck, M. H J; van Hooff, J.; van Sark, W. G J H M

Demand response, defined as the shifting of electricity demand, is generally believed to have value both for the grid and for the market: by matching demand more closely to supply, consumers could profit from lower prices, while in a smart grid environment, more renewable electricity can be used and

Effects of price manipulations on consumer behavior in sheltered workshop token economy.

Science.gov (United States)

Schroeder, S R; Barrera, F J

1976-09-01

The consumer behavior of institutionalized retarded clients in a sheltered workshop token economy were evaluated by changing prices in the workshop store. In the first experiment we found that clients displayed elasticity of demand in that raising the prices of frequently purchased goods reduced the frequency and amount spent on more expendable items. Results from the second experiment showed that this change in spending pattern was not due to the relative modal unit price of item classes. The regulation of demand for consumer goods is a potentially useful way to maintain economic balance and effectiveness of a token economy.

Energy demand with the flexible double-logarithmic functional form

International Nuclear Information System (INIS)

Nan, G.D.; Murry, D.A.

1992-01-01

A flexible double-logarithmic function form is developed to meet assumptions of consumer behavior. Then annual residential and commercial data (1970-87) are applied to this functional form to examine demand for petroleum products, electricity, and natural gas in California. The traditional double log-linear functional form has shortcomings of constant elasticities. The regression equations in this study, with varied estimated elasticities, overcome some of these shortcomings. All short-run own-price elasticities are inelastic and all income elasticities are close to unity in this study. According to the short-run time-trend elasticities, consumers' fuel preference in California is electricity. The long-run income elasticities also indicate that the residential consumers will consume more electricity and natural gas as their energy budgets increase in the long run. 14 refs., 5 tabs

urban consumer willingness to pay for introduced dessert bananas

African Journals Online (AJOL)

Administrator

National Agricultural Research Organization (NARO) P.O. Box 7065, Kampala, ... the introduced dessert bananas among the urban consumers be done to widen their demand. Key Words: Fusarium wilt, Gros Michel, hedonic model, Musa spp.

Health consumers and stem cell therapy innovation: markets, models and regulation.

Science.gov (United States)

Salter, Brian; Zhou, Yinhua; Datta, Saheli

2014-05-01

Global health consumer demand for stem cell therapies is vibrant, but the supply of treatments from the conventional science-based model of innovation is small and unlikely to increase in the near future. At the same time, several models of medical innovation have emerged that can respond to the demand, often employing a transnational value chain to deliver the product. Much of the commentary has approached the issue from a supply side perspective, demonstrating the extent to which national and transnational regulation fails to impose what are regarded as appropriate standards on the 'illicit' supply of stem cell therapies characterized by little data and poor outcomes. By contrast, this article presents a political economic analysis with a strong demand side perspective, arguing that the problem of what is termed 'stem cell tourism' is embedded in the demand-supply relationship of the health consumer market and its engagement with different types of stem cell therapy innovation. To be meaningful, discussions of regulation must recognize that analysis or risk being sidelined by a market, which ignores their often wishful thinking.

Competition in the Dutch consumer credit market

NARCIS (Netherlands)

Toolsema-Veldman, Linda

2002-01-01

This paper considers the degree of competitiveness of the Dutch consumer credit market. We use the well-known Bresnahan-Lau method that estimates a structural model consisting of a demand relation and a supply relation, based on aggregate data. The level of competition is derived from the estimated

Competition in the Dutch consumer credit market

NARCIS (Netherlands)

Toolsema-Veldman, Linda

2001-01-01

This paper considers the degree of competitiveness of the Dutch consumer credit market. We use the well-known I Bresnahan-Lau method that estimates it structural model consisting of a demand relation and a supply relation, based on aggregate data. The level of compelition is derived from the

Gas demand forecasting by a new artificial intelligent algorithm

Science.gov (United States)

Khatibi. B, Vahid; Khatibi, Elham

2012-01-01

Energy demand forecasting is a key issue for consumers and generators in all energy markets in the world. This paper presents a new forecasting algorithm for daily gas demand prediction. This algorithm combines a wavelet transform and forecasting models such as multi-layer perceptron (MLP), linear regression or GARCH. The proposed method is applied to real data from the UK gas markets to evaluate their performance. The results show that the forecasting accuracy is improved significantly by using the proposed method.

Consumer attitudes and the governance of food safety.

Science.gov (United States)

Todt, Oliver; Muñoz, Emilio; González, Marta; Ponce, Gloria; Estévez, Betty

2009-01-01

This paper reports the analysis of a recent study of public perception of food safety governance in Spain, using genetically modified (GM) foods as an indicator. The data make clear that Spanish food consumers are aware of their rights and role in the marketplace. They are critical of current regulatory decision making, which they perceive to be unduly influenced by certain social actors, such as industry. In contrast, consumers demand decisions to be based primarily on scientific opinion, as well as consumer preferences. They want authorities to facilitate informed purchasing decisions, and favor labeling of GM foods mostly on the grounds of their right to know. However, consumers' actual level of knowledge with respect to food technology and food safety remains low. There are several ambivalences as to the real impact of these attitudes on actual consumer behavior (specifically when it comes to organizing themselves or searching out background information).

European consumers' acceptance of beef processing technologies

DEFF Research Database (Denmark)

de Barcellos, Marcia Dutra; Kügler, Jens Oliver; Grunert, Klaus G.

2010-01-01

The use of new technologies in beef production chains may affect consumers' opinion of meat products. A qualitative study was performed to investigate consumers' acceptance of seven beef processing technologies: marinating by injection aiming for increased 1) healthiness; 2) safety; and 3) eating...... adults (19-60 years old) participated in eight focus groups in Spain, France, Germany and the UK. Results suggested a relationship between acceptance of new beef products, technology familiarity and perceived risks related to its application. Excessive manipulation and fear of moving away from 'natural......' beef were considered negative outcomes of technological innovations. Beef processing technologies were predominantly perceived as valuable options for convenience shoppers and less demanding consumers. Overall, respondents supported the development of 'non-invasive' technologies that were able...

Ethanol demand in Brazil: Regional approach

International Nuclear Information System (INIS)

Freitas, Luciano Charlita de; Kaneko, Shinji

2011-01-01

Successive studies attempting to clarify national aspects of ethanol demand have assisted policy makers and producers in defining strategies, but little information is available on the dynamic of regional ethanol markets. This study aims to analyze the characteristics of ethanol demand at the regional level taking into account the peculiarities of the developed center-south and the developing north-northeast regions. Regional ethanol demand is evaluated based on a set of market variables that include ethanol price, consumer's income, vehicle stock and prices of substitute fuels; i.e., gasoline and natural gas. A panel cointegration analysis with monthly observations from January 2003 to April 2010 is employed to estimate the long-run demand elasticity. The results reveal that the demand for ethanol in Brazil differs between regions. While in the center-south region the price elasticity for both ethanol and alternative fuels is high, consumption in the north-northeast is more sensitive to changes in the stock of the ethanol-powered fleet and income. These, among other evidences, suggest that the pattern of ethanol demand in the center-south region most closely resembles that in developed nations, while the pattern of demand in the north-northeast most closely resembles that in developing nations. - Research highlights: → Article consists of a first insight on regional demand for ethanol in Brazil. → It proposes a model with multiple fuels, i.e., hydrous ethanol, gasohol and natural gas. → Results evidence that figures for regional demand for ethanol differ amongst regions and with values reported for national demand. → Elasticities for the center-south keep similarities to patterns for fuel demand in developed nations while coefficients for the north-northeast are aligned to patterns on developing countries.

Drivers of U.S. mineral demand

Science.gov (United States)

Sznopek, John L.

2006-01-01

Introduction: The word 'demand' has different meanings for different people. To some, it means their 'wants and needs,' to others it is what they consume. Yet, when considering economics, demand refers to the specific amounts of goods or services that individuals will purchase at various prices. Demand is measured over a given time period. It is determined by a number of factors including income, tastes, and the price of complementary and substitute goods. In this paper, the term consumption is used fairly synonymously with the term demand. Most mineral commodities, like iron ore, copper, zinc, and gravel, are intermediate goods, which means that they are used in the production of other goods, called final goods. Demand for intermediate goods is called derived demand because such demand is derived from the demand for final goods. When demand increases for a commodity, generally the price rises. With everything else held constant, this increases the profits for those who provide this commodity. Normally, this would increase profits of existing producers and attract new producers to the market. When demand for a commodity decreases, generally the price falls. Normally, this would cause profits to fall and, as a consequence, the least efficient firms may be forced from the industry. Demand changes for specific materials as final goods or production techniques are reengineered while maintaining or improving product performance, for example, the use of aluminum in the place of copper in long distance electrical transmission lines or plastic replacing steel in automobile bumpers. Substitution contributes to efficient material usage by utilizing cheaper or technically superior materials. In this way, it may also alleviate materials scarcity. If a material becomes relatively scarce (and thus more expensive), a more abundant (and less expensive) material generally replaces it (Wagner and others, 2003, p. 91).

Ethanol demand in Brazil: Regional approach

Energy Technology Data Exchange (ETDEWEB)

Freitas, Luciano Charlita de, E-mail: lucianofreitas@hiroshima-u.ac.j [Graduate School for International Development and Cooperation, Development Policy, Hiroshima University 1-5-1 Kagamiyama, Higashi-Hiroshima, Hiroshima 739-8529 (Japan); Kaneko, Shinji [Graduate School for International Development and Cooperation, Development Policy, Hiroshima University 1-5-1 Kagamiyama, Higashi-Hiroshima, Hiroshima 739-8529 (Japan)

2011-05-15

Successive studies attempting to clarify national aspects of ethanol demand have assisted policy makers and producers in defining strategies, but little information is available on the dynamic of regional ethanol markets. This study aims to analyze the characteristics of ethanol demand at the regional level taking into account the peculiarities of the developed center-south and the developing north-northeast regions. Regional ethanol demand is evaluated based on a set of market variables that include ethanol price, consumer's income, vehicle stock and prices of substitute fuels; i.e., gasoline and natural gas. A panel cointegration analysis with monthly observations from January 2003 to April 2010 is employed to estimate the long-run demand elasticity. The results reveal that the demand for ethanol in Brazil differs between regions. While in the center-south region the price elasticity for both ethanol and alternative fuels is high, consumption in the north-northeast is more sensitive to changes in the stock of the ethanol-powered fleet and income. These, among other evidences, suggest that the pattern of ethanol demand in the center-south region most closely resembles that in developed nations, while the pattern of demand in the north-northeast most closely resembles that in developing nations. - Research highlights: {yields} Article consists of a first insight on regional demand for ethanol in Brazil. {yields} It proposes a model with multiple fuels, i.e., hydrous ethanol, gasohol and natural gas. {yields} Results evidence that figures for regional demand for ethanol differ amongst regions and with values reported for national demand. {yields} Elasticities for the center-south keep similarities to patterns for fuel demand in developed nations while coefficients for the north-northeast are aligned to patterns on developing countries.

Incentive-compatible demand-side management for smart grids based on review strategies

Science.gov (United States)

Xu, Jie; van der Schaar, Mihaela

2015-12-01

Demand-side load management is able to significantly improve the energy efficiency of smart grids. Since the electricity production cost depends on the aggregate energy usage of multiple consumers, an important incentive problem emerges: self-interested consumers want to increase their own utilities by consuming more than the socially optimal amount of energy during peak hours since the increased cost is shared among the entire set of consumers. To incentivize self-interested consumers to take the socially optimal scheduling actions, we design a new class of protocols based on review strategies. These strategies work as follows: first, a review stage takes place in which a statistical test is performed based on the daily prices of the previous billing cycle to determine whether or not the other consumers schedule their electricity loads in a socially optimal way. If the test fails, the consumers trigger a punishment phase in which, for a certain time, they adjust their energy scheduling in such a way that everybody in the consumer set is punished due to an increased price. Using a carefully designed protocol based on such review strategies, consumers then have incentives to take the socially optimal load scheduling to avoid entering this punishment phase. We rigorously characterize the impact of deploying protocols based on review strategies on the system's as well as the users' performance and determine the optimal design (optimal billing cycle, punishment length, etc.) for various smart grid deployment scenarios. Even though this paper considers a simplified smart grid model, our analysis provides important and useful insights for designing incentive-compatible demand-side management schemes based on aggregate energy usage information in a variety of practical scenarios.

Uranium 2009: Resources, Production and Demand

International Nuclear Information System (INIS)

2010-01-01

With several countries currently building nuclear power plants and planning the construction of more to meet long-term increases in electricity demand, uranium resources, production and demand remain topics of notable interest. In response to the projected growth in demand for uranium and declining inventories, the uranium industry - the first critical link in the fuel supply chain for nuclear reactors - is boosting production and developing plans for further increases in the near future. Strong market conditions will, however, be necessary to trigger the investments required to meet projected demand. The 'Red Book', jointly prepared by the OECD Nuclear Energy Agency and the International Atomic Energy Agency, is a recognised world reference on uranium. It is based on information compiled in 40 countries, including those that are major producers and consumers of uranium. This 23. edition provides a comprehensive review of world uranium supply and demand as of 1 January 2009, as well as data on global uranium exploration, resources, production and reactor-related requirements. It provides substantive new information from major uranium production centres around the world, as well as from countries developing production centres for the first time. Projections of nuclear generating capacity and reactor-related uranium requirements through 2035 are also featured, along with an analysis of long-term uranium supply and demand issues

Electric Vehicles in Colorado: Anticipating Consumer Demand for Direct Current Fast Charging

Energy Technology Data Exchange (ETDEWEB)

Wood, Eric W. [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Rames, Clement L. [National Renewable Energy Laboratory (NREL), Golden, CO (United States)

2017-07-01

To support the State of Colorado in planning for growth in direct current fast charging (DCFC) for electric vehicles, the National Renewable Energy Laboratory (NREL) has partnered with the Regional Air Quality Council (RAQC) and the Colorado Department of Transportation (CDOT) to analyze a number of DCFC investment scenarios. NREL analyzed existing electric vehicle registration data from IHS Markit (IHS) to highlight early trends in the electric vehicle market, which were compared with sales forecasts predicting large growth in the Colorado electric vehicle market. Electric vehicle forecasts were then used to develop future DCFC scenarios to be evaluated in a simulation environment to estimate consumer benefits of the hypothetical DCFC networks in terms of increased driving range and electric vehicle miles traveled (eVMT). Simulated utilization of the hypothetical DCFC networks was analyzed for geographic trends, particularly for correlations with vehicle electric range. Finally, a subset of simulations is presented for consumers with potentially inconsistent access to charging at their home location and presumably greater reliance on public DCFC infrastructure.

Consumer Engagement in Health IT: Distinguishing Rhetoric from Reality.

Science.gov (United States)

Gold, Marsha; Hossain, Mynti; Mangum, Amy

2015-01-01

Policymakers want health information technology (health IT) to support consumer engagement to help achieve national health goals. In this paper, we review the evidence to compare the rhetoric with the reality of current practice. Our environmental scan shows that consumer demand exists for electronic access to personal health information, but that technical and system or political barriers still limit the value of the available information and its potential benefits. There is a gap between current reality and the goals for consumer engagement. Actions that may help bridge this gap include: (1) resolving technical barriers to health information exchange (HIE); (2) developing more consumer-centric design and functionality; (3) reinforcing incentives that attract provider support by showing that consumer engagement is in their interest; and (4) building a stronger empirical case to convince decision makers that consumer engagement will lead to better care, improved health outcomes, and lower costs.

The emergence of diverse organic consumers

DEFF Research Database (Denmark)

Lund, Thomas Bøker; Andersen, Laura Mørch; Jensen, Katherine

polarised. It can also be said to have matured insofar as positively oriented segments that differ in their food involvement, shopping behaviour and levels of ethical concern have appeared, while marketing and distribution strategies have co-developed with these trends. We discuss the current relevance......This study uses qualitative and quantitative data as well as household panel data regarding actual purchases of organic food in order to examine organic consumer profiles and recent developments of organic demand in Denmark. Six different segments of Danish households are identified, of which three...... of segmenting organic consumers in mature markets with a view to improving strategies of production, distribution and marketing of organic foods....

Impacts of demand response and renewable generation in electricity power market

Science.gov (United States)

Zhao, Zhechong

This thesis presents the objective of the research which is to analyze the impacts of uncertain wind power and demand response on power systems operation and power market clearing. First, in order to effectively utilize available wind generation, it is usually given the highest priority by assigning zero or negative energy bidding prices when clearing the day-ahead electric power market. However, when congestion occurs, negative wind bidding prices would aggravate locational marginal prices (LMPs) to be negative in certain locations. A load shifting model is explored to alleviate possible congestions and enhance the utilization of wind generation, by shifting proper amount of load from peak hours to off peaks. The problem is to determine proper amount of load to be shifted, for enhancing the utilization of wind generation, alleviating transmission congestions, and making LMPs to be non-negative values. The second piece of work considered the price-based demand response (DR) program which is a mechanism for electricity consumers to dynamically manage their energy consumption in response to time-varying electricity prices. It encourages consumers to reduce their energy consumption when electricity prices are high, and thereby reduce the peak electricity demand and alleviate the pressure to power systems. However, it brings additional dynamics and new challenges on the real-time supply and demand balance. Specifically, price-sensitive DR load levels are constantly changing in response to dynamic real-time electricity prices, which will impact the economic dispatch (ED) schedule and in turn affect electricity market clearing prices. This thesis adopts two methods for examining the impacts of different DR price elasticity characteristics on the stability performance: a closed-loop iterative simulation method and a non-iterative method based on the contraction mapping theorem. This thesis also analyzes the financial stability of DR load consumers, by incorporating

A Marketing Strategy in a Closed-Loop Supply Chain with Loss-Averse Consumers

Directory of Open Access Journals (Sweden)

Bi-feng Liao

2018-01-01

Full Text Available The importance of remanufacturing system has been extensively investigated in recent years. Taking into account the consumer valuation uncertainty and the demand uncertainty, this paper addresses the issue of closed-loop supply chain with remanufacturing by game theory. We consider two types of consumers in the market: loss-neutral consumers and loss-averse consumers. The loss-neutral consumers are completely rational. The loss-averse consumers, on the other hand, are with losses being more painful than equal-sized gains being pleasant. When multichannel structure can be chosen, the manufacturer has three pricing strategies in direct market: (1 keeping the price high with a small discount, no customers choose the online store; (2 keeping the price high with a moderate discount, only the loss-neutral customers choose the online store; (3 keeping the price low with a big discount, all customers choose the online store. Consumers make up their decisive selections through comparing the price and channel attributes. We introduce utility function for analyzing the market demand and then identify the optimal pricing and channel strategy to maximize the manufacturer’s profit. Finally, the rationality and validities of the proposed model are illustrated by numerical examples, and sensitivity analyses of the parameters are also presented.

Machine learning for identifying demand patterns of home energy management systems with dynamic electricity pricing

NARCIS (Netherlands)

Koolen, D. (Derck); Sadat-Razavi, N. (Navid); W. Ketter (Wolfgang)

2017-01-01

textabstractEnergy management plays a crucial role in providing necessary system flexibility to deal with the ongoing integration of volatile and intermittent energy sources. Demand Response (DR) programs enhance demand flexibility by communicating energy market price volatility to the end-consumer.

Empirical estimation of per capita brandy demand in Armenia

Directory of Open Access Journals (Sweden)

S.A. Movsisyan

2017-03-01

Full Text Available The empirical estimations were based on linear and double-log regression models, which identified the factors influencing the average per capita brandy demand in Armenia. The model was estimated using quarterly time-series data on per capita brandy consumption, disposable income, prices of various alcoholic beverages for 1997–2015 periods. This is quantitative study based on secondary annual, quarterly and monthly data, and 5% significance level. The average annual per capita brandy consumption data for 1997–2007 periods was obtained from WHO's website, whereas the 2008–2015 data was extracted from the National Statistical Service of the Republic of Armenia. For annual, quarterly and monthly periods from 1997 through 2015, the price data related to various alcoholic beverages, consumer price index were provided in NSS statistical publications of “Socio-Economic Situation of RA”, ”Consumer price indexes (prices in the Republic of Armenia”, “Prices and tariffs in the Republic of Armenia”. For 1997–2015 periods, the average monthly per capita monetary income data was obtained from “Living Standards of Population and Social Sphere” section of statistical yearbooks. The latter substituted the average per capita monthly disposable income data, since these data were unavailable. Meantime, since the data included numerous years, therefore, the nominal price and income data were adjusted for inflation using consumer price index with 2005 as base year. In conclusion, the average real prices of wine and vodka were statistically significant determinants of the average per capita brandy demand in Armenia, and the demand for brandy was inelastic.

Interaction in consumers attitudes and behavior

Directory of Open Access Journals (Sweden)

Marinković Veljko

2007-01-01

Full Text Available Having in mind a fact that consumers represent the central aspect of the companies' demand, consumer behavior must be the focal point of marketing research as well as the central topic in the entire marketing system. The initial and the most fundamental marketing activity is the research of consumer behavior. It is only after the analysis of the collected relevant data on current and potential buyers, that the companies can implement other marketing activities such as competition analysis, sales forecast, measuring the market potential as well as the market share in order to create the appropriate marketing mix of the company. Numerous factors influence behavior of the consumers, however, one can conclude that the attitudes play very important role in the psychological analysis of the consumer behavior. Attitude recognition gives us a chance to analyze past and predict future behaviors. Often the behavior appears as the consequence of the formed attitudes. Weather the behavior results from the attitude and whether or not it is in accordance with this attitude, depends on the strength of the attitude as well as on the influence of other environmental factors.

Residential demand response reduces air pollutant emissions on peak electricity demand days in New York City

International Nuclear Information System (INIS)

Gilbraith, Nathaniel; Powers, Susan E.

2013-01-01

Many urban areas in the United States have experienced difficulty meeting the National Ambient Air Quality Standards (NAAQS), partially due to pollution from electricity generating units. We evaluated the potential for residential demand response to reduce pollutant emissions on days with above average pollutant emissions and a high potential for poor air quality. The study focused on New York City (NYC) due to non-attainment with NAAQS standards, large exposed populations, and the existing goal of reducing pollutant emissions. The baseline demand response scenario simulated a 1.8% average reduction in NYC peak demand on 49 days throughout the summer. Nitrogen oxide and particulate matter less than 2.5 μm in diameter emission reductions were predicted to occur (−70, −1.1 metric tons (MT) annually), although, these were not likely to be sufficient for NYC to meet the NAAQS. Air pollution mediated damages were predicted to decrease by $100,000–$300,000 annually. A sensitivity analysis predicted that substantially larger pollutant emission reductions would occur if electricity demand was shifted from daytime hours to nighttime hours, or the total consumption decreased. Policies which incentivize shifting electricity consumption away from periods of high human and environmental impacts should be implemented, including policies directed toward residential consumers. - Highlights: • The impact of residential demand response on air emissions was modeled. • Residential demand response will decrease pollutant emissions in NYC. • Emissions reductions occur during periods with high potential for poor air quality. • Shifting demand to nighttime hours was more beneficial than to off-peak daytime hours

Uranium 2011 resources, production and demand

CERN Document Server

Organisation for Economic Cooperation and Development. Paris

2012-01-01

In the wake of the Fukushima Daiichi nuclear power plant accident, questions are being raised about the future of the uranium market, including as regards the number of reactors expected to be built in the coming years, the amount of uranium required to meet forward demand, the adequacy of identified uranium resources to meet that demand and the ability of the sector to meet reactor requirements in a challenging investment climate. This 24th edition of the “Red Book”, a recognised world reference on uranium jointly prepared by the OECD Nuclear Energy Agency and the International Atomic Energy Agency, provides analyses and information from 42 producing and consuming countries in order to address these and other questions. It offers a comprehensive review of world uranium supply and demand as well as data on global uranium exploration, resources, production and reactor-related requirements. It also provides substantive new information on established uranium production centres around the world and in countri...

Coping with unexpected oil demand movements

International Nuclear Information System (INIS)

Anon.

2004-01-01

Continuous upward revisions to world oil demand projections for 2003 and 2004 are compared with the downward revisions that took place in 1998 and 1999, following the 1997 Asian economic crisis. Demand leads supply, in the current case, resulting in a time-lag in the whole supply chain, while supply led demand half a decade ago, with the OECD's commercial stocks reaching record highs. Recent months have seen a reversal of the longstanding inverse relationship between the United States of America's commercial crude oil stock levels and crude prices, and they are now moving in parallel. The fact that the US market is now adequately or even well supplied means that factors other than inventory levels are causing the present high prices. These factors are briefly outlined. OPEC is doing everything it can to maintain market stability, with prices at levels acceptable to producers and consumers. The agreement reached in Beirut on 3 June is the latest example of this. (Author)

Equilibrium Model of Discrete Dynamic Supply Chain Network with Random Demand and Advertisement Strategy

Directory of Open Access Journals (Sweden)

Guitao Zhang

2014-01-01

Full Text Available The advertisement can increase the consumers demand; therefore it is one of the most important marketing strategies in the operations management of enterprises. This paper aims to analyze the impact of advertising investment on a discrete dynamic supply chain network which consists of suppliers, manufactures, retailers, and demand markets associated at different tiers under random demand. The impact of advertising investment will last several planning periods besides the current period due to delay effect. Based on noncooperative game theory, variational inequality, and Lagrange dual theory, the optimal economic behaviors of the suppliers, the manufactures, the retailers, and the consumers in the demand markets are modeled. In turn, the supply chain network equilibrium model is proposed and computed by modified project contraction algorithm with fixed step. The effectiveness of the model is illustrated by numerical examples, and managerial insights are obtained through the analysis of advertising investment in multiple periods and advertising delay effect among different periods.

‘If labels for GM food were present, would consumers trust them?’ Insights from a consumer survey in Uganda

NARCIS (Netherlands)

Kikulwe, E.M.; Falck-Zepeda, J.; Wesseler, J.H.H.

2014-01-01

Food labelling is costly. Food labelling is often demanded with the introduction of new food products such as genetically modified (GM) food. If consumers do not have trust in the label, scarce resources are wasted. This paper investigates factors affecting the trust in food labels among Ugandan

Preliminary guidelines for electricity distributor conservation and demand management activities : a guide for conservation and demand management investment

International Nuclear Information System (INIS)

2004-01-01

In May 2004, electricity distributors in Ontario were asked to submit deferral accounts to the Ontario Energy Board to track expenditures on conservation and demand management initiatives. The deferral accounts must be established before the distributor could recover the costs through the next installment of the allowable return on equity in March 2004. The Board will determine the appropriateness of the actual expenditures. These guidelines offer short-term assistance to distributors in establishing conservation and demand management plans and initiatives. The following specific measures may be supported by the Board: energy efficiency; operational changes to smart control systems; load management measures which facilitate interruptible and dispatchable loads, dual fuel applications, thermal storage and demand response; fuel switching measures; programs targeted to low income and hard to reach consumers; and, distributed energy options such as tri-generation, cogeneration, ground source heat pumps, wind and biomass systems. These guidelines described the regulatory treatment of conservation and demand management investments along with cost effectiveness, allocation of costs, monitoring, evaluation, and implementation. 1 appendix

variances in consumers prices of selected food items among ...

African Journals Online (AJOL)

Admin

the consumer prices of rice, beans and garri in the three markets; rice and garri had insignificant differences in ... and inappropriate response by farmers to price ... supply or demand side or both). .... road network, storage facilities, subsidized.

Province gets serious about demand management

International Nuclear Information System (INIS)

Anon

2003-01-01

Directives from the Minister to the Ontario Energy Board to review options for demand-side management and demand reduction activities, and discussion papers describing the policy framework needed to implement demand management, are indications of renewed interest by the provincial government in demand-side management of Ontario's electric power supply. This renewed interest comes on the hills of a 5.5 per cent increase in electricity use, a 33 per cent increase in imports, and consumption records broken in 10 of the last 12 months. A 117-page study was released in April by Navigant Consulting, entitled 'Demand response blueprint for Ontario' which estimates that if the Ontario market had 250 MW of additional demand response, customers providing the demand response would have saved $20 million by reducing their demand when HOEP was greater than $120/MWh, while other customers would have saved $170 million due to lower HOEP, and would have enjoyed greater reliability as a result of the increase in reserve margins. Other than price signals to induce customers to save, the Navigant report suggest paying customers not to consume during peak periods. The report estimates that such a policy could generate a total demand response of 350 MW and a $235 million reduction in revenue to generators. The Navigan report also includes a large number of detailed analysis and recommendations. One among them is for the extensive use of interval meters for customers with loads over 200 kW. The report tends to be critical of the recent price freeze ordered by the Ontario government, claiming that the freeze could increase consumption, making prices more volatile and increasing the cost to the government even more. Successful demand response programs from California, New York and the New England states are cited as examples for Ontario to emulate

Making Demand Response a Reality in Europe: Policy, Regulations, and Deployment Status

OpenAIRE

Lamprinos, Ilias; Hatziargyriou, Nikos D.; Kokos, Isidoros; Dimeas, Aris Dimeas

2016-01-01

Power systems undergo massive operational and technological changes amid increasing demand for environmental sustainability and energy efficiency. The traditional, supplydriven approach, relying on large-scale generation plants, which has dominated old utilities, is reconsidered to incorporate the increased penetration of variable renewable energy sources, distributed generation and storage. Demand Response is an important instrument for improving energy efficiency, since it increases consume...

Peak electricity demand and social practice theories: Reframing the role of change agents in the energy sector

International Nuclear Information System (INIS)

Strengers, Yolande

2012-01-01

Demand managers currently draw on a limited range of psychology and economic theories in order to shift and shed peak electricity demand. These theories place individual consumers and their attitudes, behaviours and choices at the centre of the problem. This paper reframes the issue of peak electricity demand using theories of social practices, contending that the ‘problem’ is one of transforming, technologically-mediated social practices. It reflects on how this body of theory repositions and refocuses the roles and practices of professions charged with the responsibility and agency for affecting and managing energy demand. The paper identifies three areas where demand managers could refocus their attention: (i) enabling co-management relationships with consumers; (ii) working beyond their siloed roles with a broader range of human and non-human actors; and (iii) promoting new practice ‘needs’ and expectations. It concludes by critically reflecting on the limited agency attributed to ‘change agents’ such as demand managers in dominant understandings of change. Instead, the paper proposes the need to identify and establish a new group of change agents who are actively but often unwittingly involved in reconfiguring the elements of problematic peaky practices. - Highlights: ► I reframe peak electricity demand as a problem of changing social practices. ► Micro-grids, and dynamic pricing reorient household routines and enable co-management. ► Infrastructures inside and outside the home configure peaky practices. ► Demand managers are encouraged to promote and challenge consumer ‘needs’. ► I identify a new group of change agents implicated in peaky practices.

Consumer attitudes toward health policy and knowledge about health legislation.

Science.gov (United States)

Riska, E; Taylor, J A

1978-01-01

Consumer attitudes toward key issues affecting health policy decisions in the local community have been ignored both by local health policy makers and by medical sociologists. The authors report an empirical analysis of: (1) consumer attitudes towards federal intervention in health care; (2) consumer perceptions of the free market philosophy of health providers; (3) consumer perceptions of their involvement in health policy making; (4) consumer confidence in present systems of health services delivery; and (5) consumer awareness of recent major health legislation. It was found that consumers are poorly informed about recent health care legislation. The authors compared the attitudes of consumers with those held by local hospital board members toward health policy issues. The differences for all comparisons were statistically significant. The authors argue that hospital board members attribute problems in health services delivery to demand dysfunctions while consumers perceive the problems to be a result of supply dysfunctions. Thus, failure to include consumers on health policy boards guarantees the absence of a solution-oriented dialogue and promotes the continuing predominance of a provider-biased ideology.

Consumer acceptance and willingness to pay for edible insects as food in Kenya

DEFF Research Database (Denmark)

Alemu, Mohammed Hussen; Olsen, Søren Bøye; Vedel, Suzanne Elizabeth

the value chain. However, as the ultimate success of a product development depends on consumers' product judgement and acceptance, acquiring information about potential demand is of paramount importance for policy advice. In this paper, we aim to give a first insight into the potential demand for termite...

The analysis of Taiwan's residential electricity demand under the electricity tariff policy

Science.gov (United States)

Chen, Po-Jui

In October 2013, the Taiwan Power Company (Taipower), the monopolized state utility service in Taiwan, implemented an electricity tariff adjustment policy to reduce residential electricity demand. Using bi-monthly billing data from 6,932 electricity consumers, this study examine how consumers respond to an increase in electricity prices. This study employs an empirical approach that takes advantage of quasi-random variation over a period of time when household bills were affected by a change in electricity price. The study found that this price increase caused a 1.78% decline in residential electricity consumption, implying a price elasticity of -0.19 for summer-season months and -0.15 for non-summer-season months. The demand for electricity is therefore relatively inelastic, likely because it is hard for people to change their electricity consumption behavior in the short-term. The results of this study highlight that demand-side management cannot be the only lever used to address Taiwan's forecasted decrease in electricity supply.

Price-elastic demand in deregulated electricity markets

Energy Technology Data Exchange (ETDEWEB)

Siddiqui, Afzal S.

2003-05-01

The degree to which any deregulated market functions efficiently often depends on the ability of market agents to respond quickly to fluctuating conditions. Many restructured electricity markets, however, experience high prices caused by supply shortages and little demand-side response. We examine the implications for market operations when a risk-averse retailer's end-use consumers are allowed to perceive real-time variations in the electricity spot price. Using a market-equilibrium model, we find that price elasticity both increases the retailers revenue risk exposure and decreases the spot price. Since the latter induces the retailer to reduce forward electricity purchases, while the former has the opposite effect, the overall impact of price responsive demand on the relative magnitudes of its risk exposure and end-user price elasticity. Nevertheless, price elasticity decreases cumulative electricity consumption. By extending the analysis to allow for early settlement of demand, we find that forward stage end-user price responsiveness decreases the electricity forward price relative to the case with price-elastic demand only in real time. Moreover, we find that only if forward stage end-user demand is price elastic will the equilibrium electricity forward price be reduced.

Air pollution: Household soiling and consumer welfare losses

Science.gov (United States)

Watson, W.D.; Jaksch, J.A.

1982-01-01

This paper uses demand and supply functions for cleanliness to estimate household benefits from reduced particulate matter soiling. A demand curve for household cleanliness is estimated, based upon the assumption that households prefer more cleanliness to less. Empirical coefficients, related to particulate pollution levels, for shifting the cleanliness supply curve, are taken from available studies. Consumer welfare gains, aggregated across 123 SMSAs, from achieving the Federal primary particulate standard, are estimated to range from $0.9 to $3.2 million per year (1971 dollars). ?? 1982.

Three Essays Identifying Consumer Behavior by Groups

Science.gov (United States)

Holmgren, Mark Andrew

2010-01-01

This dissertation examines consumer behavior in different markets. Six different types of Utah snow skiers, namely, half day, local, multiday, college and K-12 students, and season ticket holders, are analyzed in the first paper to determine their demand response to changes in prices, income, weather, transportation costs, and particular days. A…

Consumer perception versus scientific evidence of farmed and wild fish

DEFF Research Database (Denmark)

Verbeke, Wim; Sioen, Isabelle; Brunsø, Karen

2007-01-01

. Primary data were collected through a consumer survey (April 2003) and focus group discussions (May 2004) with Belgian consumers. The majority of the consumer sample reported no perceived differences between farmed versus wild fish. However, mean perception scores were slightly in favour of wild fish......The increasing number of marketable fish being supplied from aquaculture is a response to the increasing demand for healthy food and is filling the gap left by depleting natural fish stocks. Little is known about the awareness and perception of the consumer in terms of farmed fish versus fish from...... capture fisheries. The consumer's subjective point of view is of overriding importance for the production system and product acceptance as well as for future market success. In this paper consumer perception in Belgium is explored and compared against scientific evidence of farmed versus wild fish...

Convergence of service, policy, and science toward consumer-driven mental health care.

Science.gov (United States)

Carroll, Christopher D; Manderscheid, Ronald W; Daniels, Allen S; Compagni, Amelia

2006-12-01

A common theme is emerging in sentinel reports on the United States health care system. Consumer relevance and demands on service systems and practices are influencing how mental health care is delivered and how systems will be shaped in the future. The present report seeks to assemble a confluence of consumer-driven themes from noteworthy reports on the state of the mental health system in the U.S. It also explores innovative efforts, promising practices, collaborative efforts, as well as identification of barriers to consumer-directed care, with possible solutions. The report reviews the relevant public mental health policy and data used in published work. The findings indicate an increasing public and private interest in promoting consumer-driven care, even though historical systems of care predominate, and often create, barriers to wide-spread redesign of a consumer-centered mental health care system. Innovative consumer-driven practices are increasing as quality, choice, and self-determination become integral parts of a redesigned U.S. mental health care system. The use of consumer-driven approaches in mental health is limited at best. These programs challenge industry norms and traditional practices. Limitations include the need for additional and thorough evaluations of effectiveness (cost and clinical) and replicability of consumer-directed programs. Consumer-driven services indicate that mental health consumers are expecting to be more participative in their mental health care. This expectation will influence how traditional mental health services and providers become more consumer-centric and meet the demand. Public and private interest in consumer-driven health care range from creating cost-conscious consumers to individualized control of recovery. The health care sector should seek to invest more resources in the provision of consumer-driven health care programs. The results of this study have implications and are informative for other countries where

Pollution source localization in an urban water supply network based on dynamic water demand.

Science.gov (United States)

Yan, Xuesong; Zhu, Zhixin; Li, Tian

2017-10-27

Urban water supply networks are susceptible to intentional, accidental chemical, and biological pollution, which pose a threat to the health of consumers. In recent years, drinking-water pollution incidents have occurred frequently, seriously endangering social stability and security. The real-time monitoring for water quality can be effectively implemented by placing sensors in the water supply network. However, locating the source of pollution through the data detection obtained by water quality sensors is a challenging problem. The difficulty lies in the limited number of sensors, large number of water supply network nodes, and dynamic user demand for water, which leads the pollution source localization problem to an uncertainty, large-scale, and dynamic optimization problem. In this paper, we mainly study the dynamics of the pollution source localization problem. Previous studies of pollution source localization assume that hydraulic inputs (e.g., water demand of consumers) are known. However, because of the inherent variability of urban water demand, the problem is essentially a fluctuating dynamic problem of consumer's water demand. In this paper, the water demand is considered to be stochastic in nature and can be described using Gaussian model or autoregressive model. On this basis, an optimization algorithm is proposed based on these two dynamic water demand change models to locate the pollution source. The objective of the proposed algorithm is to find the locations and concentrations of pollution sources that meet the minimum between the analogue and detection values of the sensor. Simulation experiments were conducted using two different sizes of urban water supply network data, and the experimental results were compared with those of the standard genetic algorithm.

Uranium 2011: Resources, Production and Demand

International Nuclear Information System (INIS)

2012-01-01

In the wake of the Fukushima Daiichi nuclear power plant accident, questions are being raised about the future of the uranium market, including as regards the number of reactors expected to be built in the coming years, the amount of uranium required to meet forward demand, the adequacy of identified uranium resources to meet that demand and the ability of the sector to meet reactor requirements in a challenging investment climate. This 24. edition of the 'Red Book', a recognised world reference on uranium jointly prepared by the OECD Nuclear Energy Agency and the International Atomic Energy Agency, provides analyses and information from 42 producing and consuming countries in order to address these and other questions. It offers a comprehensive review of world uranium supply and demand as well as data on global uranium exploration, resources, production and reactor-related requirements. It also provides substantive new information on established uranium production centres around the world and in countries developing production centres for the first time. Projections of nuclear generating capacity and reactor-related requirements through 2035, incorporating policy changes following the Fukushima accident, are also featured, along with an analysis of long-term uranium supply and demand issues

Demand Estimation with Heterogeneous Consumers and Unobserved Product Characteristics: A Hedonic Approach

Science.gov (United States)

Bajari, Patrick; Benkard, C. Lanier

2005-01-01

We reconsider the identification and estimation of Gorman-Lancaster-style hedonic models of demand for differentiated products in the spirit of Sherwin Rosen. We generalize Rosen's first stage to account for product characteristics that are not observed and to allow the hedonic pricing function to have a general nonseparable form. We take an…

Consumer Engagement in Health IT: Distinguishing Rhetoric from Reality

Science.gov (United States)

Gold, Marsha; Hossain, Mynti; Mangum, Amy

2015-01-01

Rationale: Policymakers want health information technology (health IT) to support consumer engagement to help achieve national health goals. In this paper, we review the evidence to compare the rhetoric with the reality of current practice. Current Reality and Barriers: Our environmental scan shows that consumer demand exists for electronic access to personal health information, but that technical and system or political barriers still limit the value of the available information and its potential benefits. Conclusions and Policy Implications: There is a gap between current reality and the goals for consumer engagement. Actions that may help bridge this gap include: (1) resolving technical barriers to health information exchange (HIE); (2) developing more consumer-centric design and functionality; (3) reinforcing incentives that attract provider support by showing that consumer engagement is in their interest; and (4) building a stronger empirical case to convince decision makers that consumer engagement will lead to better care, improved health outcomes, and lower costs. PMID:26665120

Understanding energy consumption behaviors in order to adapt demand response measures

Energy Technology Data Exchange (ETDEWEB)

Vassileva, Iana; Wallin, Fredrik; Dahlquist, Erik [Malardalen University (Sweden)], email: iana.vassileva@mdh.se, email: fredrik.wallin@mdh.se, email: erik.dahlquist@mdh.se

2011-07-01

When new price strategies and other demand-response measures are being established, it is important that amounts of electricity consumed and the potential for consumer participation be given serious consideration. It is important to encourage consumers to use less electricity if sustainable use of energy is to be achieved. Demand-response is a key component of the smart grids concept. So it is vital to get a comprehensive understanding of how different processes and factors influence the end use of energy. This paper presents an in-depth analysis of questionnaire responses from 2000 households in Vaxjo, Sweden. It sheds new light on the energy consumption behaviors of Swedish householders. Since 2008 Vaxjo householder customers have been able to check their own daily electricity consumption and get advice and tips, via a website provided by the local energy company, on how to lower the use of electricity. At the present time, of those responding to the questionnaire, this website is visited more frequently by people who live in houses than in apartments.

DSM [demand-side management] opportunities in Alberta: An economist's perspective

International Nuclear Information System (INIS)

Woodward, R.S.

1990-01-01

In Alberta, utility companies are placing increasing attention on demand-side management (DSM) as one option for meeting future demand. Some basic economic principles are provided to yield a guideline on how much a utility should be spending on DSM initiatives. For the case of financial incentives to customers, it is shown that subsidies based on sound economic principles will enable the utility to charge lower overall rates to customers receiving the subsidy without raising other customers' rates. Moving outside of a well-understood market-based system and into a fully centralized planning approach to DSM eliminates a critical link between utilities and their customers. In Alberta, DSM measures appropriate in other regions will not be appropriate due to the province's unique supply and demand characteristics. Most of Alberta's electricity supply comes from low-cost coal-fired plants. On the demand-side, there is a significant concentration of large industrial and commercial consumers, notably in the oil and gas industry, and there is essentially no demand for electric heating in homes since natural gas is very abundant. The Alberta integrated power system currently operates at a load factor of ca 77%, reflecting the large industrial demand and the absence of a winter peaking effect associated with electrical heating requirements. A relatively small difference in embedded and incremental electricity supply costs means that utilities have little to spend on DSM programs. The identification of cost-effective DSM opportunities, most of which are likely to be found in the industrial sector, requires a considerable amount of detailed information on consumer behavior and close collaboration between utility and customer

Demand response scheme based on lottery-like rebates

KAUST Repository

Schwartz, Galina A.; Tembine, Hamidou; Amin, Saurabh; Sastry, S. Shankar

2014-01-01

In this paper, we develop a novel mechanism for reducing volatility of residential demand for electricity. We construct a reward-based (rebate) mechanism that provides consumers with incentives to shift their demand to off-peak time. In contrast to most other mechanisms proposed in the literature, the key feature of our mechanism is its modest requirements on user preferences, i.e., it does not require exact knowledge of user responsiveness to rewards for shifting their demand from the peak to the off-peak time. Specifically, our mechanism utilizes a probabilistic reward structure for users who shift their demand to the off-peak time, and is robust to incomplete information about user demand and/or risk preferences. We approach the problem from the public good perspective, and demonstrate that the mechanism can be implemented via lottery-like schemes. Our mechanism permits to reduce the distribution losses, and thus improve efficiency of electricity distribution. Finally, the mechanism can be readily incorporated into the emerging demand response schemes (e.g., the time-of-day pricing, and critical peak pricing schemes), and has security and privacy-preserving properties.

Demand response scheme based on lottery-like rebates

KAUST Repository

Schwartz, Galina A.

2014-08-24

In this paper, we develop a novel mechanism for reducing volatility of residential demand for electricity. We construct a reward-based (rebate) mechanism that provides consumers with incentives to shift their demand to off-peak time. In contrast to most other mechanisms proposed in the literature, the key feature of our mechanism is its modest requirements on user preferences, i.e., it does not require exact knowledge of user responsiveness to rewards for shifting their demand from the peak to the off-peak time. Specifically, our mechanism utilizes a probabilistic reward structure for users who shift their demand to the off-peak time, and is robust to incomplete information about user demand and/or risk preferences. We approach the problem from the public good perspective, and demonstrate that the mechanism can be implemented via lottery-like schemes. Our mechanism permits to reduce the distribution losses, and thus improve efficiency of electricity distribution. Finally, the mechanism can be readily incorporated into the emerging demand response schemes (e.g., the time-of-day pricing, and critical peak pricing schemes), and has security and privacy-preserving properties.

The Impact of Social Media on Consumer Demand: The Case of Carbonated Soft Drink Market

OpenAIRE

Liu, Yizao; Lopez, Rigoberto A.

2013-01-01

This article estimates the impact of social media exposure on consumer valuation of product characteristics. We apply the Berry, Levinsohn and Pakes (1995) model of market equilibrium to sales data for 18 carbonated soft drink brands sold in 12 cities over 17 months (June 2011 to October 2012) and social media conversations on Facebook, Twitter and YouTube. Empirical results show that social media exposure is a significant driver of consumer behavior through altering evaluation of product cha...

On the importance of the supply side in demand-side management

International Nuclear Information System (INIS)

Fischer, Carolyn

2005-01-01

We discuss how the structure of market supply affects the evaluation of policies to promote energy efficiency in household appliances. If competitive markets offer the levels that consumers demand, product standards inefficiently restrict choice. If suppliers price discriminate, minimum standards can restrict the inefficient use of energy intensity to segment consumers. We also compare the effects of average intensity standards, energy prices and innovation, and consider what the different behavioral predictions imply for empirical studies of energy efficiency. Good policymaking requires knowing not only how consumers value energy efficiency in their decision-making, but also how producers respond to those values

On the importance of the supply side in demand-side management

International Nuclear Information System (INIS)

Fischer, C.

2005-01-01

We discuss how the structure of market supply affects the evaluation of policies to promote energy efficiency in household appliances. If competitive markets offer the levels that consumers demand, product standards inefficiently restrict choice. If suppliers price discriminate, minimum standards can restrict the inefficient use of energy intensity to segment consumers. We also compare the effects of average intensity standards, energy prices and innovation, and consider what the different behavioral predictions imply for empirical studies of energy efficiency. Good policy making requires knowing not only how consumers value energy efficiency in their decision-making, but also how producers respond to those values. (author)

Oil demand in North America: 1980-2020

International Nuclear Information System (INIS)

Ghouri, S.S.

2001-01-01

This paper first analyses price and income elasticity of oil demand in the United States, Canada and Mexico for the period 1980-99. Economic activity is the main driving force that influences oil consumption in each country. Changes in oil consumption generally lagged by a few years before the full impact of changes in oil prices was realized. Consumers in the short run are constrained by technological and other barriers and, therefore, less sensitive to changes in oil prices; however, they are more responsive in the long run - though response is still inelastic. The use of advanced technology facilitated these countries to use less oil over time. The paper then looks at demand over the next 20 years. The best-fitting model predicts that, by the end of 2020 (reference case), the USA, Canada and Mexico will respectively consume 24,900, 2,596 and 2,321 thousand barrels daily, compared with 19,519, 1,943 and 1,970 thousand b/d in 1999. The model forecasts economic slowdown during 2000/2002. The USA and Canada are expected to recover quickly, while Mexico will take longer. (author)

Electricity consumption by battery-powered consumer electronics: A household-level survey

International Nuclear Information System (INIS)

McAllister, J. Andrew; Farrell, Alexander E.

2007-01-01

The rapid proliferation of battery-powered consumer electronics and their reliance on inefficient linear transformers has been suggested to be an important part of the rapid growth in 'miscellaneous' electricity consumption in recent years, but detailed data are scarce. We conducted a survey of 34 randomly selected households (HHs) in Northern California about the number, type, and usage of consumer electronics. We also measured the energy consumption of 85 typical consumer electronic devices through various parts of the charge cycle. These primary data were supplemented by national sales information for consumer electronics. Results indicate that typical HHs own 8.4 rechargeable devices, which have a total average demand of 12-17 W per HH. Statewide, this amounts to 160-220 MW of demand, with the peak occurring in the late evening, and about 1600 GWh per year. Only about 15% of this energy is used for battery charging, the rest is lost as waste heat during no-load and charge maintenance periods. Technical options to increase the efficiency of these devices, and the research and policy steps needed to realize these savings are discussed

Health care demand elasticities by type of service.

Science.gov (United States)

Ellis, Randall P; Martins, Bruno; Zhu, Wenjia

2017-09-01

We estimate within-year price elasticities of demand for detailed health care services using an instrumental variable strategy, in which individual monthly cost shares are instrumented by employer-year-plan-month average cost shares. A specification using backward myopic prices gives more plausible and stable results than using forward myopic prices. Using 171 million person-months spanning 73 employers from 2008 to 2014, we estimate that the overall demand elasticity by backward myopic consumers is -0.44, with higher elasticities of demand for pharmaceuticals (-0.44), specialists visits (-0.32), MRIs (-0.29) and mental health/substance abuse (-0.26), and lower elasticities for prevention visits (-0.02) and emergency rooms (-0.04). Demand response is lower for children, in larger firms, among hourly waged employees, and for sicker people. Overall the method appears promising for estimating elasticities for highly disaggregated services although the approach does not work well on services that are very expensive or persistent. Copyright © 2017 Elsevier B.V. All rights reserved.

Consumer-directed health care and the courts: let the buyer (and seller) beware.

Science.gov (United States)

Jacobson, Peter D; Tunick, Michael R

2007-01-01

In consumer-directed health care, patients will be expected to exert greater control over their spending decisions than before. As consumer-directed care gains market acceptance, courts will inevitably be involved in resolving challenges to the new arrangements. We anticipate that courts will be generally favorable toward consumer-directed care, but the new legal doctrine will not uniformly favor medical professionals and insurers. The information demands inherent in consumer-directed care will present particular legal challenges to physicians and insurers. Even as courts provide flexibility to reflect the new market realities, they will closely monitor how consumer-directed care is implemented.

Researching consumers' attitudes: Some difficulties, problems and dilemmas

Directory of Open Access Journals (Sweden)

Gutić Dragutin

2010-01-01

neglectful use of methodology of researching consumers' attitudes. In this work, we took into consideration three methods most often used in researching consumers' attitudes: semantic differential, Likert scale and psychodrama. Construction demands and the technique of constructing semantic scales is a difficult, complex, long-term and demanding work. Besides, interdisciplinary approach is needed, but almost always expensive and unacceptable in terms of costs. Psychodrama, as a contemporary and modern technique in researching consumers' attitudes, will certainly become more and more popular, in spite of its evident weaknesses, defects and limits. In all probability it will be more and more represented in practice of marketing research.

Long term energy demand projections for croatian transport sector

DEFF Research Database (Denmark)

Puksec, Tomislav; Mathiesen, Brian Vad; Duic, Neven

2011-01-01

Transport sector in Croatia represents one of the largest consumers of energy today with a share of almost one third of final energy demand. That is why improving energy efficiency and implementing different mechanisms that would lead to energy savings in this sector would be relevant. Through th...

Tobacco Regulation and Cost-Benefit Analysis: How Should We Value Foregone Consumer Surplus?

Science.gov (United States)

Levy, Helen G.; Norton, Edward C.; Smith, Jeffrey A.

2016-01-01

Recent tobacco regulations proposed by the Food and Drug Administration have raised a thorny question: how should the cost-benefit analysis accompanying such policies value foregone consumer surplus associated with regulation-induced reductions in smoking? In a model with rational and fully informed consumers, this question is straightforward. There is disagreement, however, about whether consumers are rational and fully informed, and the literature offers little practical guidance about what approach the FDA should use if they are not. In this paper, we outline the history of the FDA’s recent attempts to regulate cigarettes and other tobacco products and how they have valued foregone consumer surplus in cost-benefit analyses. We advocate replacing the approach used in most of this literature, which first calculates health gains associated with regulation and then “offsets” them by some factor reflecting consumer surplus losses, with a more general behavioral public finance framework for welfare analysis. This framework applies standard tools of welfare analysis to consumer demand that may be “biased” (that is, not necessarily rational and fully informed) without requiring specific assumptions about the reason for the bias. This framework would require estimates of both biased and unbiased consumer demand; we sketch an agenda to help develop these in the context of smoking. The use of this framework would substantially reduce the confusion currently surrounding welfare analysis of tobacco regulation. PMID:29404381

Non-proliferation policies and demand for uranium

International Nuclear Information System (INIS)

Warnecke, S.J.

1978-01-01

The non-proliferation policies of USA, Canada and Australia are outlined, and the effects on nuclear policy in the consumer countries, particularly the member states of the European Community and Japan are considered. Supply and demand in relation to uranium, security and economic aspects are covered. Reprocessing, the use of plutonium in breeder reactors, and the wider issues of international confidence and trade are discussed. (U.K.)

HEDONIC DEMAND ANALYSIS FOR BEEF IN BENIN METROPOLIS

African Journals Online (AJOL)

BIUAGRIC2

2013-02-11

Feb 11, 2013 ... implicit demand for beef within the framework of a hedonic analysis, and the implicit or shadow price of beef were examined. Primary data ... results of the Hedonic analysis showed that, with an average unit price of N836.57 for beef, a consumer is strongly willing to pay ... method and strategies. Lancaster ...

Enabling technologies for demand management: Transport

International Nuclear Information System (INIS)

Smith, Roderick A.

2008-01-01

Rising transport demand is likely to be the biggest hurdle to reducing our greenhouse gas emissions. Globally and nationally, transport is consuming an ever increasing share of our total energy use. Furthermore, the bulk of energy used in transport comes from the burning of petroleum products. This brief paper summarises options arising from the two routes to reduce energy demand in transport: improved and more efficient use of existing and possible new transport modes, and the reduction of transport demand. In both areas, the prospects in the immediate and longer-term future are hedged with difficulties. Automobiles and aircraft have improved considerably in recent decades, but future improvements are likely to be incremental. The introduction of hydrogen as a fuel is appealing, but there are technical problems to be solved. Active reduction of demand for transport will require a decoupling of the link between demand and growth in gross domestic product. Globally, this will be very difficult to achieve. Various modes of public transport exist that are efficient in terms of their energy use per passenger kilometre. But they need large investments to make them more attractive than the automobile. However, population concentration in mega-cities, allied with congestion, will make such innovation essential. Policy measures can be assisted in their implementation by new technology, but will remain politically problematic

Role of gastronomic, externality and feasibility attributes in consumer demand for organic and local foods

DEFF Research Database (Denmark)

Jensen, Jørgen Dejgård; Mørkbak, Morten Raun

2013-01-01

that although both organic and local food supply chains are often associated with special attributes such as gastronomic characteristics and relatively beneficial externality attributes, these attributes are perceived differently for the two types of supply chains. Perceived gastronomic quality is the most....... An internet questionnaire survey was conducted in 2010 among Danish consumers. 3.211 respondents completed the questionnaire, which included questions about respondents' food-related values and their specific perception of organic and local varieties of honey and apples. Variables related to consumers' food...

Uranium. Resources, production and demand

International Nuclear Information System (INIS)

1997-01-01

The events characterising the world uranium market in the last several years illustrate the persistent uncertainly faced by uranium producers and consumers worldwide. With world nuclear capacity expanding and uranium production satisfying only about 60 per cent of demand, uranium stockpiles continue to be depleted at a high rate. The uncertainty related to the remaining levels of world uranium stockpiles and to the amount of surplus defence material that will be entering the market makes it difficult to determine when a closer balance between uranium supply and demand will be reached. Information in this report provides insights into changes expected in uranium supply and demand until well into the next century. The 'Red Book', jointly prepared by the OECD Nuclear Energy Agency and the International Atomic Energy Agency, is the foremost reference on uranium. This world report is based on official information from 59 countries and includes compilations of statistics on resources, exploration, production and demand as of 1 January 1997. It provides substantial new information from all of the major uranium producing centres in Africa, Australia, Eastern Europe, North America and the New Independent States, including the first-ever official reports on uranium production in Estonia, Mongolia, the Russian Federation and Uzbekistan. It also contains an international expert analysis of industry statistics and worldwide projections of nuclear energy growth, uranium requirements and uranium supply

A survey of oil product demand elasticities for developing countries

International Nuclear Information System (INIS)

Dahl, Carol

1994-01-01

As more and more developing countries join the ranks of the rich they will consume both more oil and higher percentage of the lighter products. To satisfy this growing demand oil production and refinery capacity that can provide the right quantity and mix of products must be developed. In a companion piece, Dahl (1993) found the total demand for oil to be price inelastic (-0.34) and income elastic (1.32) These elasticities can give information on the total quantity of oil that might be demanded, the total amount of distillation capacity that might be needed and the overall increases in product prices that might be necessary to choke off demand growth. However, with this overall growth in product demand, the more the shift towards the lighter portion of the barrel, the more complex the refinery and the greater the demand for downstream capital. To provide information on this mix in developing countries in the coming years, this paper surveys the available work on econometric demand elasticities by oil product. (author)

Sustaining Innovative Success: A Case Study on Consumer-Centric Innovation in the ICT Industry

Directory of Open Access Journals (Sweden)

Minkyung Choy

2016-09-01

Full Text Available The phenomenon of innovation growing rapidly and having a shorter lifespan is a structural change due to the development of ICT (Information and Communications Technology, diverse investment methods, and reduced pattern of innovation adoption. For ICT companies to survive and maintain their success in this ever-changing environment, they need to succeed in fulfilling both productivity and accuracy of innovation. To sustain their innovative success, ICT companies should consistently maintain the direction of innovation towards consumers. The present study analyzes various cases of ICT companies which succeeded or failed to maintain their prior innovative success, and suggests consumer-centric innovation as a solution. To create consumer-centric innovations, companies have to (1 predict the dynamically evolving demand of consumers and continuously transform; (2 proactively employ observation method and big data analysis to discover hidden demands; and (3 identify hassles such as wastes, inconveniences, and anxieties, and put effort in solving these hassles.

Comparison of the marketing of demand response capacity and of power plant capacity in the minutes reserve market; Vergleich der Vermarktung von Demand-Response- und Kraftwerksleistung auf dem Minutenreservemarkt

Energy Technology Data Exchange (ETDEWEB)

Marz, Waldemar; Tzscheutschler, Peter [Technische Univ. Muenchen (Germany). Lehrstuhl fuer Energiewirtschaft und Anwendungstechnik; Henle, Markus [Stadtwerke Muenchen (Germany). Energiewirtschaft

2013-03-15

The greatest challenge in integrating renewable energies into the German and European power supply system lies in levelling out the imbalances between the fluctuating supply of energy from the wind and sun on the one side and the steady demand of the consumers on the other. Aside from the expansion of supra-regional transmission systems and storage power plants one instrument that has raised great hopes is the possibility of adapting demand to supply. These methods are known by the names of demand response (DR) or demand side management (DSM) and are at the core of the ''smart grid'' concept.

A Framework to Improve Communication and Reliability Between Cloud Consumer and Provider in the Cloud

OpenAIRE

Vivek Sridhar

2014-01-01

Cloud services consumers demand reliable methods for choosing appropriate cloud service provider for their requirements. Number of cloud consumer is increasing day by day and so cloud providers, hence requirement for a common platform for interacting between cloud provider and cloud consumer is also on the raise. This paper introduces Cloud Providers Market Platform Dashboard. This will act as not only just cloud provider discoverability but also provide timely report to consumer on cloud ser...

Functional and organic eggs as an alternative to conventional production: a conjoint analysis of consumers' preferences.

Science.gov (United States)

Mesías, Francisco J; Martínez-Carrasco, Federico; Martínez, José M; Gaspar, Paula

2011-02-01

In the current context of growing consumer demand for foodstuffs that are healthy and safe and that are obtained in a manner respectful to the welfare of animals, the analysis of consumer preferences towards attributes of this type takes on particular importance. These trends are especially clear in the case of the consumption of eggs because of their strong negative association with cholesterol levels and their extremely intensive systems of production. The introduction of variants that are more in harmony with current consumer demands represents an interesting market alternative. The present study was aimed at investigating the preferences of Spanish consumers for these alternative types of egg that are entering the market. The survey was conducted with 361 consumers from October 2007 to March 2008. The conjoint analysis allowed us to estimate the relative importance of the main attributes that affect consumer preferences for eggs and to distinguish segments of consumers with similar preference profiles. It was found that price is the most important attribute determining consumer preferences, followed by the hens' feed and their rearing conditions. It was also found that only some groups of consumers are willing to pay the premium necessary for alternative methods of production. 2010 Society of Chemical Industry.

The Impact of Direct-to-Consumer Advertising on Pharmaceutical Prices and Demand

OpenAIRE

Dhaval Dave; Henry Saffer

2010-01-01

Expenditures on prescription drugs are one of the fastest growing components of national health care spending, rising by almost three-fold between 1995 and 2007. Coinciding with this growth in prescription drug expenditures has been a rapid rise in direct-to-consumer advertising (DTCA), made feasible by the Food and Drug Administration's (FDA) clarification and relaxation of the rules governing broadcast advertising in 1997 and 1999. This study investigates the separate effects of broadcast a...

Endogeneity and Heterogeneity in a Probit Demand Model: Estimation Using Aggregate Data

OpenAIRE

Pradeep K. Chintagunta

2001-01-01

Two issues that have become increasingly important while estimating the parameters of aggregate demand functions to study firm behavior are the of marketing activities (typically, price) and across consumers in the market under consideration. Ignoring these issues in the estimation of the demand function parameters can lead to biased and inconsistent estimates for the effects of marketing activities. Endogeneity and heterogeneity have achieved prominence in large measure because of the increa...

USING ALMOST IDEAL DEMAND SYSTEM TO ANALYZE DEMAND FOR SHRIMP IN US FOOD MARKET

Directory of Open Access Journals (Sweden)

Xia “Vivian” Zhou

2015-07-01

Full Text Available This paper analyzes the demand for shrimp along with beef, pork, and chicken in the US food market, which contributes much to predicting supply strategies, consumer preferences and policy making. It focuses on the own and cross elasticity relationship between the expenditure share, price, and expenditure changes. An Almost Ideal Demand System (AIDs model and two alternative specifications (both nonlinear AIDs and LA-AIDs are used to estimate a system of expenditure share equations for ocean shrimp, penaeid shrimp, beef, pork, and chicken. Empirical results from nonlinear AIDs model is compared with those from LA-AIDs model. There are quite a few inconsistency between nonlinear and LA results. Results from nonlinear are more expected and more complied with microeconomic theory than those from LA. Also, results indicated that some insignificant slope coefficients and inappropriate signs of them did not comply with microeconomic theory. This could be caused by heteroscedasticity, autocorrelation, a limitation in the data used, or shrimp is a quite different commodity.

Energy Report. State of the art in the market for consumers. First six months of 2011

International Nuclear Information System (INIS)

2011-09-01

Based on a number of key indicators, the market outcomes and market structure of the consumer market for energy are mapped, including the behavior of consumers. This report is limited to displaying a number of figures and facts, relating to the demand for products, prices, concentrations, switching, satisfaction and confidence of consumers in the energy market and information from ConsuWijzer, a Dutch governmental consumer protection organization. [nl

Consumer Behavior towards Decision Making and Loyalty to Particular Brands

OpenAIRE

Oke, Adunola Oluremi; Kamolshotiros, Parinda; Popoola, Oluwamayowa Yewande; Ajagbe, Musibau Akintunde; Olujobi, Olusola Joshua

2016-01-01

Currently, consumers pay more attention to their health; there is a growing awareness of health benefits of healthy drinks such as the green tea. Green tea is a popular healthy drink that helps prevent many deadly diseases. There are increasing numbers of green tea manufacturers around the world especially in Thailand. This industry has overwhelmingly expanded due to high consumers demand and purchases. Previous studies show that the market of green tea beverage in Thailand is worth nearly 9,...

Profiling Consumer Trend-setters in the Canadian Healthy-foods Market

OpenAIRE

West, Gale E.; Larue, Bruno

2004-01-01

The agri-food industry faces new challenges as consumer demand for new, healthier foods increases. Media headlines frequently mention health benefits from certain foods and food components, and consumers are more health conscious because they are aging. They realize their food choices can reduce their risk of developing chronic illnesses such as cancer and heart disease. The competitive advantages for firms who are the first to bring their food innovations to market will depend in part on the...

Urban consumer willingness to pay for introduced dessert bananas ...

African Journals Online (AJOL)

... therefore have a market potential. It is recommended that market development activities including organising and training farmers in improved agronomic methods, handling bananas for local markets; and promotional studies of the introduced dessert bananas among the urban consumers be done to widen their demand.

On the demand for prescription drugs: heterogeneity in price responses.

Science.gov (United States)

Skipper, Niels

2013-07-01

This paper estimates the price elasticity of demand for prescription drugs using an exogenous shift in consumer co-payment caused by a reform in the Danish subsidy scheme for the general public. Using purchasing records for the entire Danish population, I show that the average price response for the most commonly used drug yields demand elasticities in the range of -0.36 to -0.5. The reform is shown to affect women, the elderly, and immigrants the most. Furthermore, this paper shows significant heterogeneity in the price response over different types of antibiotics, suggesting that the price elasticity of demand varies considerably even across relatively similar drugs. Copyright © 2012 John Wiley & Sons, Ltd.

Consumer Dispersion and Logistics Costs in Various Distribution Systems

DEFF Research Database (Denmark)

Turkensteen, Marcel; Klose, Andreas

We address the relationship between the geographical dispersion of a set of demand points and the expected logistics costs. This is relevant in the strategic marketing decision which groups of consumers to target. We devise quickly computable measures for the logistics costs. In our experiments......, dispersed sets of demand points are created. For various types of distribution systems, expected logistics costs are computed using continuous approximation, location and routing methodologies. We find that the average distance between locations is an effective estimate of the logistics costs....

Review of barriers to the introduction of residential demand response : A case study in the Netherlands

OpenAIRE

Weck, M. H J; van Hooff, J.; van Sark, W. G J H M

2017-01-01

Demand response, defined as the shifting of electricity demand, is generally believed to have value both for the grid and for the market: by matching demand more closely to supply, consumers could profit from lower prices, while in a smart grid environment, more renewable electricity can be used and less grid capacity may be needed. However, the introduction of residential demand response programmes to support the development of smart grids that includes renewable generation is hampered by a ...

Consumer Purchase Behaviour for Green Products

OpenAIRE

Vinod Sharma; J. Sonwalkar; Maohar Kapse

2013-01-01

Purpose: The concern for climate change and global warming is increasing at global level which results in stimulating the interest of firms toward environmental protection and sustainable development. Many firms have started developing green products to meet the demand of environmentally conscious consumers. These firms are now interested in finding the determinants of environmentally conscious consumers’ behaviour in order to develop effective marketing strategy to ensure the green purchase ...

Interdependencies between transport fuel demand, efficiency and quality: An application to Austria

International Nuclear Information System (INIS)

Goerlich, Roland; Wirl, Franz

2012-01-01

This paper focuses on the interdependencies between technical efficiencies and energy demand which are often either treated in isolation or do not get the sufficient attention in the literature. More precisely, this paper uses technical efficiencies as one crucial determinant of energy demand in order to integrate at least two issues that are usually investigated separately from each other: the rebound effect resulting from improved technical efficiencies and the asymmetry of energy demand. In this regard, our paper sets out a theoretical framework which has the following implications: higher efficiency increases service demand (first order rebound), low fuel prices and higher efficiency increases the demand for quality (second order) which in turn increases service demand further (third order); ceteris paribus, energy price shocks should increase scrapping rates; fuel prices direct the R and D expenditures of car producers; those on engine efficiency are irreversible, which has the consequence that energy price elasticities depend on the history of energy prices rather than being asymmetrical. Derived implications are subsequently tested on Austrian data. In particular, the purchasing decision diesel versus gasoline powered cars allows to refute the myth that consumers apply high implicit rates for discounting the future benefit from efficient cars. - Research Highlights: ►Dependencies between efficiency, fuel price, quality and fuel demand are modelled. ►Austrian data supports model implications for the defined rounds of rebounds. ►R and D efforts are directed by fuel prices surpassing a threshold on large markets. ►Consumers apply low implicit discount rates for future benefits from efficient cars. ►Effects of policy instruments (fuel efficiency standard, taxes, etc.) are discussed.

Coordination of Energy Efficiency and Demand Response

Energy Technology Data Exchange (ETDEWEB)

Goldman, Charles; Reid, Michael; Levy, Roger; Silverstein, Alison

2010-01-29

This paper reviews the relationship between energy efficiency and demand response and discusses approaches and barriers to coordinating energy efficiency and demand response. The paper is intended to support the 10 implementation goals of the National Action Plan for Energy Efficiency's Vision to achieve all cost-effective energy efficiency by 2025. Improving energy efficiency in our homes, businesses, schools, governments, and industries - which consume more than 70 percent of the nation's natural gas and electricity - is one of the most constructive, cost-effective ways to address the challenges of high energy prices, energy security and independence, air pollution, and global climate change. While energy efficiency is an increasingly prominent component of efforts to supply affordable, reliable, secure, and clean electric power, demand response is becoming a valuable tool in utility and regional resource plans. The Federal Energy Regulatory Commission (FERC) estimated the contribution from existing U.S. demand response resources at about 41,000 megawatts (MW), about 5.8 percent of 2008 summer peak demand (FERC, 2008). Moreover, FERC recently estimated nationwide achievable demand response potential at 138,000 MW (14 percent of peak demand) by 2019 (FERC, 2009).2 A recent Electric Power Research Institute study estimates that 'the combination of demand response and energy efficiency programs has the potential to reduce non-coincident summer peak demand by 157 GW' by 2030, or 14-20 percent below projected levels (EPRI, 2009a). This paper supports the Action Plan's effort to coordinate energy efficiency and demand response programs to maximize value to customers. For information on the full suite of policy and programmatic options for removing barriers to energy efficiency, see the Vision for 2025 and the various other Action Plan papers and guides available at www.epa.gov/eeactionplan.

Empirical Analysis Of The Determinants Of Demand For Children In ...

African Journals Online (AJOL)

Using cross-section data on urban households from Jimma city, Southwestern Ethiopia, in this paper we apply the economic theory of consumer choice and examine some endogenous household characteristics that affect the demand for children among urban households in Ethiopia. Based on parameter estimates derived ...

Decision-Based Design Integrating Consumer Preferences into Engineering Design

CERN Document Server

Chen, Wei; Wassenaar, Henk Jan

2013-01-01

Building upon the fundamental principles of decision theory, Decision-Based Design: Integrating Consumer Preferences into Engineering Design presents an analytical approach to enterprise-driven Decision-Based Design (DBD) as a rigorous framework for decision making in engineering design.  Once the related fundamentals of decision theory, economic analysis, and econometrics modelling are established, the remaining chapters describe the entire process, the associated analytical techniques, and the design case studies for integrating consumer preference modeling into the enterprise-driven DBD framework. Methods for identifying key attributes, optimal design of human appraisal experiments, data collection, data analysis, and demand model estimation are presented and illustrated using engineering design case studies. The scope of the chapters also provides: •A rigorous framework of integrating the interests from both producer and consumers in engineering design, •Analytical techniques of consumer choice model...

Determination of consumer awareness about sustainable fashion

Science.gov (United States)

Saricam, C.; Erdumlu, N.; Silan, A.; Dogan, B. L.; Sonmezcan, G.

2017-10-01

The concept of sustainability has begun to gain importance in fashion industry. The companies, which are acting in sustainable fashion, want to gain recognition, inform the consumer about their products and services and generate a demand from the consumers. But the awareness of the consumers about sustainability is still an unknown. In this study, the level of awareness of consumers about sustainable fashion was tried to be determined with a survey established in Turkey in which the socio-demographic characteristics and the awareness level of the participants were questioned. The result of the survey showed that the level of awareness among the participants is not so high and the perception of sustainability is mostly limited to some aspects of sustainable fashion such as “Usage of organic materials” and “Recycling”. Besides, the analysis of the relation between socio-demographic characteristics and awareness level of sustainable fashion showed that the awareness level increased with the education level and income to some extent. But specifically, the males and the participants aged between 24-29 have higher levels of awareness compared with the other participants.

An automotive supply chain model for a demand-driven environment

Directory of Open Access Journals (Sweden)

Intaher M. Ambe

2011-11-01

Full Text Available The purpose of this article is to demonstrate the development of a supply chain model for the automotive industry that would respond to changing consumer demand. Now more than ever, businesses need to improve the efficiency of their supply chains in order to maintain a competitive advantage. The principles of lean manufacturing and just-intime (JIT inventory control that were renowned for helping companies like Toyota, Dell and Walmart to rise to the top of their respective industries are no longer adequate. Leading companies are applying new technologies and sophisticated analytics to make their supply chains more responsive to customer demand. This challenge is driven by fierce competition, fluctuating market demand and rising customer requirements that have led to customers becoming more demanding with increased preferences. The article is based on theoretical reviews and suggests guidelines for the implementation of an automotive supply chain model for a demand-driven environment.

The evolution of price elasticity of electricity demand in South Africa: A Kalman filter application

International Nuclear Information System (INIS)

Inglesi-Lotz, R.

2011-01-01

In South Africa, the electricity mismatch of supply and demand has been of major concern. Additional to past problems, the 2008 electricity crisis made the solution crucial after its damaging consequences to the economy. The disagreement on the need and consequences of the continuous electricity price hikes worsens the situation. To contribute to the recent electricity debate, this paper proposes a time-varying price elasticity of demand for electricity; the sensitivity of electricity consumption to price fluctuations changes throughout the years. The main purpose of this study is the estimation of the price elasticity of electricity in South Africa during the period 1980-2005 by employing an advanced econometric technique, the Kalman filter. Apart from the decreasing effect of electricity prices to consumption (-71.8% in the 1990s and -94.5% in the 2000s in average), our results conclude to an important finding: the higher the prices (for example in the 1980s) the higher the sensitivity of consumers to price fluctuations. Thus, further increases of the electricity prices may lead to changes in the behaviour of electricity consumers, focusing their efforts on improving their efficiency levels by introducing demand-side management techniques or even turning to other sources of - cheaper - energy. - Highlights: → The price elasticity of South Africa's electricity demand (1980-2005) is examined. → The Kalman filter methodology is used to show elasticity changes over time. → Decreasing effect of electricity prices to consumption over the years is found. → The higher the prices of electricity were, the higher the sensitivity of consumption. → If electricity prices increase, consumers will choose to consume more efficiently.

The evolution of price elasticity of electricity demand in South Africa: A Kalman filter application

Energy Technology Data Exchange (ETDEWEB)

Inglesi-Lotz, R., E-mail: roula.inglesi@up.ac.za [Department of Economics, EMS Building, University of Pretoria, Gauteng 0002 (South Africa)

2011-06-15

In South Africa, the electricity mismatch of supply and demand has been of major concern. Additional to past problems, the 2008 electricity crisis made the solution crucial after its damaging consequences to the economy. The disagreement on the need and consequences of the continuous electricity price hikes worsens the situation. To contribute to the recent electricity debate, this paper proposes a time-varying price elasticity of demand for electricity; the sensitivity of electricity consumption to price fluctuations changes throughout the years. The main purpose of this study is the estimation of the price elasticity of electricity in South Africa during the period 1980-2005 by employing an advanced econometric technique, the Kalman filter. Apart from the decreasing effect of electricity prices to consumption (-71.8% in the 1990s and -94.5% in the 2000s in average), our results conclude to an important finding: the higher the prices (for example in the 1980s) the higher the sensitivity of consumers to price fluctuations. Thus, further increases of the electricity prices may lead to changes in the behaviour of electricity consumers, focusing their efforts on improving their efficiency levels by introducing demand-side management techniques or even turning to other sources of - cheaper - energy. - Highlights: > The price elasticity of South Africa's electricity demand (1980-2005) is examined. > The Kalman filter methodology is used to show elasticity changes over time. > Decreasing effect of electricity prices to consumption over the years is found. > The higher the prices of electricity were, the higher the sensitivity of consumption. > If electricity prices increase, consumers will choose to consume more efficiently.

Consumer lifestyle approach to US energy use and the related CO2 emissions

International Nuclear Information System (INIS)

Bin Shui; Dowlatabadi, Hadi

2005-01-01

Historically, a sectoral approach (based on the industrial, transportation, commercial, and residential sectors) has shaped the way we frame and analyze issues of energy conservation and CO 2 mitigation. This sectoral categorization, however, is limited in its capacity to reveal the total impacts of consumer activities on energy use and its related environmental impacts. In this paper, we propose an alternative paradigm, called the Consumer Lifestyle Approach (CLA), to explore the relationship between consumer activities and environmental impacts in the US. Estimates based on our methodology reveal that more than 80% of the energy used and the CO 2 emitted in the US are a consequence of consumer demands and the economic activities to support these demands. Direct influences due to consumer activities (home energy use and personal travel) are 4% of the US GDP, but account for 28% and 41% of US energy use and CO 2 emissions, respectively. Indirect influences (such as housing operations, transportation operations, food, and apparel) involve more than twice the direct energy use and CO 2 emissions. Characterization of both direct and indirect energy use and emissions is critical to the design of more effective energy and CO 2 emission policies. It may also help erode the false dichotomy of 'them versus us' (industrial polluters versus consumers) references to the locus of responsibility for control of energy use and CO 2 emissions

Consumer lifestyle approach to US energy use and the related CO2 emissions

International Nuclear Information System (INIS)

Bin, Shui; Dowlatabadi, Hadi

2005-01-01

Historically, a sectoral approach (based on the industrial, transportation, commercial, and residential sectors) has shaped the way we frame and analyze issues of energy conservation and CO 2 mitigation. This sectoral categorization, however, is limited in its capacity to reveal the total impacts of consumer activities on energy use and its related environmental impacts. In this paper, we propose an alternative paradigm, called the Consumer Lifestyle Approach (CLA), to explore the relationship between consumer activities and environmental impacts in the US. Estimates based on our methodology reveal that more than 80% of the energy used and the CO 2 emitted in the US are a consequence of consumer demands and the economic activities to support these demands. Direct influences due to consumer activities (home energy use and personal travel) are 4% of the US GDP, but account for 28% and 41% of US energy use and CO 2 emissions, respectively. Indirect influences (such as housing operations, transportation operations, food, and apparel) involve more than twice the direct energy use and CO 2 emissions. Characterization of both direct and indirect energy use and emissions is critical to the design of more effective energy and CO 2 emission policies. It may also help erode the false dichotomy of 'them versus us' (industrial polluters versus consumers) references to the locus of responsibility for control of energy use and CO 2 emissions. (Author)

Further evidence of close correspondence for alcohol demand decision making for hypothetical and incentivized rewards.

Science.gov (United States)

Amlung, Michael; MacKillop, James

2015-04-01

Alcohol purchase tasks (APTs) are increasingly being used to assess behavioral economic demand for alcohol. Prior studies utilizing APTs have typically assessed demand for hypothetical outcomes, making the extent to which these hypothetical measures reflect preferences when actual rewards are at stake an important empirical question. This study examined alcohol demand across hypothetical and incentivized APTs. Nineteen male heavy drinkers completed two APTs - one for hypothetical alcohol and another in which one randomly-selected outcome was provided. Participants were given an opportunity to consume the alcohol associated with their choice on the incentivized APT during a self-administration period in a simulated bar environment. Results indicated generally close correspondence between APT versions, though participants were more sensitive to increases in price and tended to consume more at low prices on the incentivized version. Estimated consumption on the incentivized APT was highly correlated with the amount of alcohol consumed in the laboratory (r=.87, pdecision-making when rewards are hypothetical vs. actually available. Implications for behavioral economic approaches to addictive behavior and directions for future research are discussed. Copyright © 2015 Elsevier B.V. All rights reserved.

Flexible Consumers Reserving Electricity and Offering Profitable Downward Regulation

NARCIS (Netherlands)

N.F. Höning (Nicolas); J.A. La Poutré (Han); K. Strunz

2012-01-01

htmlabstractPrevious work on demand response in smart grids considers dynamic real-time prices, but has so far neglected to consider how consumers can also be involved in planning ahead, both for scheduling of consumption and reserving their ability to regulate downward during balancing. This work

75 FR 6414 - Consumer Interface With the Smart Grid

Science.gov (United States)

2010-02-09

... OFFICE OF SCIENCE AND TECHNOLOGY POLICY Consumer Interface With the Smart Grid AGENCY: Office of... information and controls technology--can help to realize these benefits. Demand-side Smart Grid technologies... from the smart meter (or another monitoring device) through an in-home display or energy management...

75 FR 7526 - Consumer Interface With the Smart Grid

Science.gov (United States)

2010-02-19

... OFFICE OF SCIENCE AND TECHNOLOGY POLICY Consumer Interface With the Smart Grid AGENCY: Office of... realize these benefits. Demand-side Smart Grid technologies include ``smart meters'' (which provide two... information exchange between the home and the Smart Grid. Section 1305 of the Energy Independence and Security...

A Study on Consumer Perspective towards Green Products in Bengaluru City, India

Directory of Open Access Journals (Sweden)

Pusarla Lakshmi Padmaja

2016-01-01

Full Text Available Sustainability is a trending concept of the 21st century. With an increase in global warming and carbon emissions, green marketing gained importance and subsequently encouraging green products, which can further contribute to sustainable environment. The consumer play a major role in determining the demand for any product and since green products are eco-friendly, they have created niche for those environmental consciousness customers. In this context, a study on consumer perspective and attitude towards green products will be quite useful for marketers, to understand both, consumers and market. This study focus on the consumer awareness, attitude and purchase intention towards green products.

Demand for luxury cars in China: development, trends and prospects

OpenAIRE

Heinonen, Tommi

2014-01-01

Purpose of this thesis was to investigate what is demand for luxury cars in People's Republic of China and how it has developed, what trends there are and what direction development is going currently. The topic of this thesis was selected based on how interesting it is and how current the topic is at the moment. Objective was to find out what is the demand of luxury cars in China, what kind of buyers Chinese consumers are in field of luxury cars, what trends there are and what are the charac...

Development of S-ARIMA Model for Forecasting Demand in a Beverage Supply Chain

Science.gov (United States)

Mircetic, Dejan; Nikolicic, Svetlana; Maslaric, Marinko; Ralevic, Nebojsa; Debelic, Borna

2016-11-01

Demand forecasting is one of the key activities in planning the freight flows in supply chains, and accordingly it is essential for planning and scheduling of logistic activities within observed supply chain. Accurate demand forecasting models directly influence the decrease of logistics costs, since they provide an assessment of customer demand. Customer demand is a key component for planning all logistic processes in supply chain, and therefore determining levels of customer demand is of great interest for supply chain managers. In this paper we deal with exactly this kind of problem, and we develop the seasonal Autoregressive IntegratedMoving Average (SARIMA) model for forecasting demand patterns of a major product of an observed beverage company. The model is easy to understand, flexible to use and appropriate for assisting the expert in decision making process about consumer demand in particular periods.

Consumer inferences of Corporate Social responsibility (CSR) claims on packaged foods

OpenAIRE

Kim, Gaeul

2015-01-01

With the growing public demands in Corporate Social Responsibility (CSR) of the food industry, CSR claims have begun to appear on food packages, as companies started communicating their CSR initiatives to consumers. Although food packages emerged as an important CSR communication tool, consumers' processing of CSR claims and the effects of these claims on product evaluations still remain unknown. In this regard, the present study carries two important research questions. First, do non-health/...

Revenue impact on the demand of Slovak households for meat and meat products

Directory of Open Access Journals (Sweden)

Ľubica Kubicová

2012-01-01

Full Text Available Global economical crisis was felt in the differences in the incomes of the households and their food consumption. In the paper are analyzed the changing patterns in the structure of demand for meat and the impact on total expenditure on meat and meat products in the households of employees, households of self-employed persons and households of pensioners. When examining the sensitivity of demand to changes in consumer meat prices in different social groups of households was estimated own-price elasticity of demand, as well as cross-price elasticity.

Development of a short-term model to predict natural gas demand, March 1989

International Nuclear Information System (INIS)

Lihn, M.L.

1989-03-01

Project management decisions for the Gas Research Institute (GRI) R and D program require an appreciation of the short-term outlook for gas consumption. This paper provides a detailed discussion of the methodology used to develop short-term models for the residential, commercial, industrial, and electric utility sectors. The relative success of the models in projecting gas demand, compared with actual gas demand, is reviewed for each major gas-consuming sector. The comparison of actual to projected gas demand has pointed out several problems with the model, and possible solutions to these problems are discussed

Controlling energy demand. What history?

International Nuclear Information System (INIS)

Beers, Marloes; Bonhomme, Noel; Bouvier, Yves; Pautard, Eric; Fevrier, Patrick; Lanthier, Pierre; Goyens, Valerie; Desama, Claude; Beltran, Alain

2012-01-01

this special dossier of the historical annals of electricity collection takes stock of the post 1970's history of energy demand control in industrialized countries: Abatement of energy dependence, the European Communities program of rational use of energy in the 1970's (Marloes Beers); The G7 and the energy cost: the limits of dialogue between industrialized countries - 1975-1985 (Noel Bonhomme); Saving more to consume more. The ambiguity of EDF's communication during the 'energy saving' era (Yves Bouvier); From rationing to energy saving certificates, 4 decades of electricity demand control in France and in the UK (eric Pautard); The French agency of environment and energy mastery (ADEME): between energy control and sustainable development (Patrick Fevrier); Hydro-Quebec and efficiency in household energy consumption, from 1990 to the present day (Pierre Lanthier); Control of energy consumption since the 1970's, the policy of rational use of energy in Walloon region - Belgium (Valerie Goyens); Electricity distribution in the new energy paradigm (Claude Desama); Conclusion (Alain Beltran)

Are retailers' preferences for seafood attributes predictive for consumers wants?

DEFF Research Database (Denmark)

Fernández-Polancoa, José; Mueller Loose, Simone; Luna, Ladislao

2013-01-01

Aquaculture production has grown considerably in the southern countries of Europe during the last two decades. This increase in supply has not been matched by an equivalent rise in consumer demand, resulting in price decay. For farmed seabream (Sparus aurata) this paper examines which attributes...... choice and to test for differences in attribute preferences between retailers and consumers. Results indicate that both consumers and retailers agree in their marginal willingness to pay for wild over farmed seabream. However, they differ in the extent to which the disutility from farmed production can...... be offset by the declaration of domestic origin, sustainability certifications, and presence of health benefits or safety claims. Results suggest an asymmetry between retailer and consumer preferences that might explain why seabream differentiated by claims still struggles to find the desired retail...

Carbon tax simulations using a household demand model

International Nuclear Information System (INIS)

Braennlund, Runar; Nordstroem, Jonas

1999-01-01

The main objective of this paper is to analyse consumer response due to changes in energy or environmental policy. To achieve the objective we formulate and estimate an econometric model for non-durable consumer demand in Sweden that utilises micro- as well as macro-data. The microeconomic model is conditional on male and female labour supply. A 100 percent increase of the Swedish CO 2 tax will, according to the simulations, result in an increased tax payment of SEK 630 or 0.7 percent of disposable income for the households with the lowest disposable incomes. The corresponding numbers for the richest households are SEK 990 and 0.3 percent 38 refs, 10 tabs

Carbon tax simulations using a household demand model

Energy Technology Data Exchange (ETDEWEB)

Braennlund, Runar; Nordstroem, Jonas [Umeaa Univ. (Sweden). Dept. of Economics

1999-11-01

The main objective of this paper is to analyse consumer response due to changes in energy or environmental policy. To achieve the objective we formulate and estimate an econometric model for non-durable consumer demand in Sweden that utilises micro- as well as macro-data. The microeconomic model is conditional on male and female labour supply. A 100 percent increase of the Swedish CO{sub 2} tax will, according to the simulations, result in an increased tax payment of SEK 630 or 0.7 percent of disposable income for the households with the lowest disposable incomes. The corresponding numbers for the richest households are SEK 990 and 0.3 percent 38 refs, 10 tabs

Carbon tax simulations using a household demand model

Energy Technology Data Exchange (ETDEWEB)

Braennlund, Runar; Nordstroem, Jonas [Umeaa Univ. (Sweden). Dept. of Economics

1999-07-01

The main objective of this paper is to analyse consumer response due to changes in energy or environmental policy. To achieve the objective we formulate and estimate an econometric model for non-durable consumer demand in Sweden that utilises micro- as well as macro-data. The microeconomic model is conditional on male and female labour supply. A 100 percent increase of the Swedish CO{sub 2} tax will, according to the simulations, result in an increased tax payment of SEK 630 or 0.7 percent of disposable income for the households with the lowest disposable incomes. The corresponding numbers for the richest households are SEK 990 and 0.3 percent 38 refs, 10 tabs.

The voluntary price for the small consumer: Real-time pricing in Spain

International Nuclear Information System (INIS)

Roldán Fernández, Juan Manuel; Payán, Manuel Burgos; Santos, Jesús Manuel Riquelme; García, Ángel Luis Trigo

2017-01-01

In 2013, a period of reform was initiated of the regulatory framework of the Spanish electricity sector. A year later, the methodology for the calculation of the Voluntary Price for the Small Consumer (VPSC) was approved: a real-time price tariff for small domestic consumers. Under this price-setting system, VPSC consumers are billed according to their hourly consumption and hourly prices along the day. Directive 27/2014/EU, on energy saving, was also transposed to Spanish regulation in 2014. The impact on the Spanish electricity market and domestic VPSC consumers of these two recent energy policy modifications are analyzed in this work. A qualitative model, based on the flexibility of the merit-order curves, is first introduced to formulate a number of hypotheses. A set of scenarios are then examined to quantify the main effects on the market and on domestic consumers. The results show that domestic energy-saving, and, to a lesser extent, load-shifting scenarios, can diminish the mean hourly price and the cost of the annual traded energy in the market. Nevertheless, these reductions are mainly granted to large qualified consumers, since domestic consumers mostly benefit from the reduction of their energy demand rather than from a reduction of the price. - Graphical abstract: Load saving and load-shifting performed by small VPSC consumers reduces the hourly clearing price and the traded energy leading to some rent transfer from the generators to the purchasing agents. The cost saving for VPSC consumers is mainly related to the energy they saved. They profit only partially from the market cost saving. - Highlights: • Merit-order effect related to energy saving and load-shifting are identified. • Domestic consumers are able to conduct energy saving and load-shifting at no cost. • Cyclic load-shifting reduces the traded energy and the economic cost in the market. • Rent transfer form generators to purchasing agents catalyzed by costumers’ saving. �

Price-elastic demand in deregulated electricity markets

OpenAIRE

Siddiqui, Afzal S.

2003-01-01

The degree to which any deregulated market functions efficiently often depends on the ability of market agents to respond quickly to fluctuating conditions. Many restructured electricity markets, however, experience high prices caused by supply shortages and little demand-side response. We examine the implications for market operations when a risk-averse retailer's end-use consumers are allowed to perceive real-time variations in the electricity spot price. Using a market-equilibrium mo...

New vision of demand side management strategy as the main tool in cooperation suppliers and consumers of electrical energy

International Nuclear Information System (INIS)

Szkutnik, J.

2012-01-01

The paper presents the complex proposal for the implementation of the demand side management in the Polish energy sector. The issue of demand side management is well known in the world, European and domestic dimensions. The experience of western countries shows that at least to some extent, the demand side management strategy is already implemented there. However, Polish experience is far too insufficient. Demand side management consists in efficient management of energy demand as well as adoption of this demand i.e. changing the load. The decrease of energy consumption in the moment of its peak demand leads to the balance between the demand and supply in the system, which influences the market price of energy. If certain mechanisms are implemented that will cause that final receivers will be willing to adjust their demand for energy, we will create the Demand Response, which is an efficient tool in the demand side management strategy. It is assumed that electronic meters will bring a real quality change. The undertakings based on initiatives of the Polish Energy Regulatory Office that promote the concept of implementation of electronic metering in the Polish energy sector prove that Poland is determined to improve its energy efficiency. The report describes the concept of the electronic meters that enables the realisation of the demand side management strategy as well as other complementary solutions that make the strategy even more efficient. In this field, it is planned to establish a dedicated loyalty programmes for energy receivers. The concept includes also the combination of the model solutions with the campaign 'energy efficiency' organised by the Ministry of Economy, which aims at fulfilling the requirements of the directive 2006/32/EC on energy end-use efficiency and energy services. As complementary solution in this new vision to add the system of recycling of waste heat home appliance devices. (Author)

Consumer focus can spur group practice turnaround.

Science.gov (United States)

Foreman, M S; Draper, A

2001-06-01

Many healthcare organizations have lost money on their employed group practices. The solution to this dilemma is not necessarily divestment of the group practices. Instead, some healthcare organizations should view their physicians as an asset. Healthcare organizations and physicians need to develop a new framework for their relationship to optimize their competitive advantage. Three guiding principles that will help accomplish this objective are to recast the healthcare organization-physician relationship to focus on the consumer, reconfigure the economic model to exceed consumer demands, and restructure the group practice to encourage fiscal and service excellence. In developing a new relationship framework, the stakeholders need to define the group practice's mission, strategic direction, composition, infrastructure, compensation model, and structure.

Purchase Behavior of Consumers for Seafood Products

Directory of Open Access Journals (Sweden)

A. Omezzine

2003-01-01

Full Text Available Fish consumption is a key component in production and marketing decisions. Fish consumers play a key role because fishermen and distributors recognize their purchase choices as a determinant to their operation. Consumers make buying decisions according to market conditions and to various attributes of the product, namely the specie, the form, the place of purchase, the size and the quality. This study is aimed at providing information on Oman consumers’ attitudes and preferences for fish purchase form and market outlets using an information-processing model. It identifies factors for predicting changes in market demand for fish products and services as a result of changes in consumers attributes. Results indicate that on-shore fish markets are the most preferred outlets for the coastal population while retailers and Oman National Fisheries Company are the commonly used outlets. Results also show that whole fish is the most preferred form of purchase for both rural and urban medium to low-income consumers while a large proportion of high-income consumers in urban regions prefer mainly sliced fish. Market development efforts should focus on the organization of on-shore fish markets in coastal regions, and retailers and Oman Fisheries Company’s outlets in the inland areas. Forms other than whole fish may be promoted for sale in supermarkets and specialized shops for the urban high-income consumers group..

Mathematic simulation of mining company’s power demand forecast (by example of “Neryungri” coal strip mine)

Science.gov (United States)

Antonenkov, D. V.; Solovev, D. B.

2017-10-01

The article covers the aspects of forecasting and consideration of the wholesale market environment in generating the power demand forecast. Major mining companies that operate in conditions of the present day power market have to provide a reliable energy demand request for a certain time period ahead, thus ensuring sufficient reduction of financial losses associated with deviations of the actual power demand from the expected figures. Normally, under the power supply agreement, the consumer is bound to provide a per-month and per-hour request annually. It means that the consumer has to generate one-month-ahead short-term and medium-term hourly forecasts. The authors discovered that empiric distributions of “Yakutugol”, Holding Joint Stock Company, power demand belong to the sustainable rank parameter H-distribution type used for generating forecasts based on extrapolation of such distribution parameters. For this reason they justify the need to apply the mathematic rank analysis in short-term forecasting of the contracted power demand of “Neryungri” coil strip mine being a component of the technocenosis-type system of the mining company “Yakutugol”, Holding JSC.

Ontario demand response scenarios

International Nuclear Information System (INIS)

Rowlands, I.H.

2005-09-01

Strategies for demand management in Ontario were examined via 2 scenarios for a commercial/institutional building with a normal summertime peak load of 300 kW between 14:00 and 18:00 during a period of high electricity demand and high electricity prices. The first scenario involved the deployment of a 150 kW on-site generator fuelled by either diesel or natural gas. The second scenario involved curtailing load by 60 kW during the same periods. Costs and benefits of both scenarios were evaluated for 3 groups: consumers, system operators and society. Benefits included electricity cost savings, deferred transmission capacity development, lower system prices for electricity, as well as environmental changes, economic development, and a greater sense of corporate social responsibility. It was noted that while significant benefits were observed for all 3 groups, they were not substantial enough to encourage action, as the savings arising from deferred generation capacity development do not accrue to individual players. The largest potential benefit was identified as lower prices, spread across all users of electricity in Ontario. It was recommended that representative bodies cooperate so that the system-wide benefits can be reaped. It was noted that if 10 municipal utilities were able to have 250 commercial or institutional customers engaged in distributed response, then a total peak demand reduction of 375 MW could be achieved, representing more than 25 per cent of Ontario's target for energy conservation. It was concluded that demand response often involves the investment of capital and new on-site procedures, which may affect reactions to various incentives. 78 refs., 10 tabs., 5 figs

Home Network Technologies and Automating Demand Response

Energy Technology Data Exchange (ETDEWEB)

McParland, Charles

2009-12-01

Over the past several years, interest in large-scale control of peak energy demand and total consumption has increased. While motivated by a number of factors, this interest has primarily been spurred on the demand side by the increasing cost of energy and, on the supply side by the limited ability of utilities to build sufficient electricity generation capacity to meet unrestrained future demand. To address peak electricity use Demand Response (DR) systems are being proposed to motivate reductions in electricity use through the use of price incentives. DR systems are also be design to shift or curtail energy demand at critical times when the generation, transmission, and distribution systems (i.e. the 'grid') are threatened with instabilities. To be effectively deployed on a large-scale, these proposed DR systems need to be automated. Automation will require robust and efficient data communications infrastructures across geographically dispersed markets. The present availability of widespread Internet connectivity and inexpensive, reliable computing hardware combined with the growing confidence in the capabilities of distributed, application-level communications protocols suggests that now is the time for designing and deploying practical systems. Centralized computer systems that are capable of providing continuous signals to automate customers reduction of power demand, are known as Demand Response Automation Servers (DRAS). The deployment of prototype DRAS systems has already begun - with most initial deployments targeting large commercial and industrial (C & I) customers. An examination of the current overall energy consumption by economic sector shows that the C & I market is responsible for roughly half of all energy consumption in the US. On a per customer basis, large C & I customers clearly have the most to offer - and to gain - by participating in DR programs to reduce peak demand. And, by concentrating on a small number of relatively

What are we eating? Consumer information requirement within a workplace canteen

DEFF Research Database (Denmark)

Price, Sarah; Viglia, Giampaolo; Hartwell, Heather

2016-01-01

The workplace is a captive environment where the overall contribution of the meal served could be an important element of the overall diet. Despite growing demand little information is available to aid healthy dish selection. This study identifies information valued by consumers in the UK, Greece......, Denmark and France using best-worst scaling. Value for Money, Nutrition and Naturalness are key elements of information that consumers require to be able to make a conscious decision about dish selection in all four countries. Latent class analysis shows that consumers align to one of five cluster groups......, i.e., Value Driven, Conventionalists, Socially Responsible, Health Conscious and Locavores. Understanding key information needs can allow food operators to align their service with consumer preferences across different market segments....

Market demands to Danish pork

DEFF Research Database (Denmark)

Bredahl, Lone

2001-01-01

position on its markets. It is expected that results of the analysis will be part of superior strategic decisions for the Danish pork sector as regards future Danish pork export markets. The market demands to be identified will therefore be evaluated in relation to resources and competences within the line...... of business. The study takes its starting point in a value chain perspective. The value chain covers the product- and distribution stages a product passes through before reaching the consumers. The value chain perspective presumes that added value is accumulated when a product passes through the stages...

How consumers pick a hotel strategic segmentation and target marketing

CERN Document Server

Winston, William

2013-01-01

Venture through the pages of How Consumers Pick a Hotel to learn the steps of selecting a target and using consumer behavior applications to segment the market to reach your target. Much as a consumer goes through the process of selecting a satisfying hotel, you can choose to use the information provided to make your hospitality career relaxing and satisfying. When you finish this fantastic reading journey, you'll be prepared to offer services that meet the public's demands, and you'll possess the prerequisite knowledge and skills for developing your own strategic approach to a target market. As the many methods of segmentation are discussed in detail, you will also learn effective strategies for communicating with multiple segments. Ideal as a supplementary text for marketing and hospitality marketing courses, How Consumers Pick a Hotel provides a concise overview of consumer behavior and intertwines marketing theory with sound ways in which to implement the theory. This will both orient you and give you a s...

Sustainable Product Strategy in Apparel Industry with Consumer Behavior Consideration

Directory of Open Access Journals (Sweden)

Liu Yang

2017-05-01

Full Text Available The article attempts to analyze sustainable product strategy in apparel industry specifically addressing a firm that is considering launching a sustainable product partly made from recycled materials. There are two types of consumers under consideration, environmentally conscious and regular consumers, as they have different perceived values for the sustainable products. The article provides an analytical model aimed to identify conditions under which a firm could benefit from adopting sustainable product strategy. The level of sustainability is determined by the trade-off between profitability and costs occurred and if more consumers value sustainable products, the firm will increase its sustainable level and get a higher profit. This is because of a combination effect of an increasing marginal profit and demand expansion. Moreover, the model has been further extended to address a situation where the firm could manage consumer segmentation. Depending on parameter settings, the firm may target different consumer segments and there is always a threshold of cost for managing consumer segments. When converting regular consumers to be environmentally conscious is not costly, the firm will convert all consumers to be environmentally conscious with great efforts; otherwise, the firm will convert part of consumers to be environmentally conscious.

Optimization Models and Methods for Demand-Side Management of Residential Users: A Survey

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Antimo Barbato

2014-09-01

Full Text Available The residential sector is currently one of the major contributors to the global energy balance. However, the energy demand of residential users has been so far largely uncontrollable and inelastic with respect to the power grid conditions. With the massive introduction of renewable energy sources and the large variations in energy flows, also the residential sector is required to provide some flexibility in energy use so as to contribute to the stability and efficiency of the electric system. To address this issue, demand management mechanisms can be used to optimally manage the energy resources of customers and their energy demand profiles. A very promising technique is represented by demand-side management (DSM, which consists in a proactive method aimed at making users energy-efficient in the long term. In this paper, we survey the most relevant studies on optimization methods for DSM of residential consumers. Specifically, we review the related literature according to three axes defining contrasting characteristics of the schemes proposed: DSM for individual users versus DSM for cooperative consumers, deterministic DSM versus stochastic DSM and day-ahead DSM versus real-time DSM. Based on this classification, we provide a big picture of the key features of different approaches and techniques and discuss future research directions.

Household demand for energy, water and the collection of waste. A microeconometric analysis

Energy Technology Data Exchange (ETDEWEB)

Linderhof, V.G.M.

2001-05-17

This thesis focuses on the effectiveness and efficiency of economic incentives with respect to the household demand for energy, water and the collection of household waste. In particular, we are primarily interested in the price and income responses of households with respect to the energy and water consumption as well as the household waste production. Chapter 2 reviews the historical trends of the natural gas, electricity and water consumption and their determinants - in particular prices - in the Netherlands. The historical perspective covers the period 1950 - 1990. The development of prices has several aspects such as nominal versus real prices, pricing schedules and the price per unit of consumer durable services.' In addition, we present the penetration rates of household appliances. Furthermore, we review the development in household waste collection and taxes paid by households for the collection of household waste. Finally, we make a small side step and evaluate car ownership and usage. Chapter 3 analyzes two issues with respect to consumer durables: first, we analyze the effect of energy and water use on the purchase price of domestic appliances empirically, and secondly, we analyze the effect of subsidies on high-efficiency versions on the consumer decision and consequently on the penetration rate theoretically. As to the first issue, we estimate hedonic regressions equations for purchase prices, energy use and water use with data on four domestic appliances. As to the second issue, the purchase of an appliance has implications for future consumption. Therefore, the purchase decision is analyzed with an intertemporal choice model including the time preference of consumers measured by subjective discount rates. We build a general framework in which a consumer can choose between a low-efficiency version and a high-efficiency version. The latter version requires less energy, produces similar services, and has a higher purchase price; see Kooreman and

Veterans Health Administration Office of Nursing Services exploration of positive patient care synergies fueled by consumer demand: care coordination, advanced clinic access, and patient self-management.

Science.gov (United States)

Wertenberger, Sydney; Yerardi, Ruth; Drake, Audrey C; Parlier, Renee

2006-01-01

The consumers who utilize the Veterans Health Administration healthcare system are older, and most are learning to live with chronic diseases. Their desires and needs have driven changes within the Veterans Health Administration. Through patient satisfaction initiatives and other feedback sources, consumers have made it clear that they do not want to wait for their care, they want a say in what care is provided to them, and they want to remain as independent as possible. Two interdisciplinary processes/models of healthcare are being implemented on the national level to address these issues: advanced clinic access and care coordination. These programs have a synergistic relationship and are integrated with patient self-management initiatives. Positive outcomes of these programs also meet the needs of our staff. As these new processes and programs are implemented nationwide, skills of both patients and nursing staff who provide their care need to be enhanced to meet the challenges of providing nursing care now and into the 21st century. Veterans Health Administration Office of Nursing Services Strategic Planning Work Group is defining and implementing processes/programs to ensure nurses have the knowledge, information, and skills to meet these patient care demands at all levels within the organization.

SOCIAL MEDIA – VITAL INSTRUMENT IN GAINING CONSUMERS CONFIDENCE

Directory of Open Access Journals (Sweden)

Mirela-Cristina VOICU

2016-06-01

Full Text Available Given that, currently, the consumer has become more demanding and organizations face some of the greatest challenges due to the economic climate of recent years, the need to build and cultivate strong relationships has become vital not only for the company's success but also for its survival. And solid relationships are built over time through confidence. Trust is one of the most important elements in the process of purchasing and consumer loyalty; it is difficult to obtain but easy to lose. Companies that are enjoying a high degree of confidence benefit from best quotations for their shares, higher profits and a better retention of the best employees. The effects of the lack of confidence are obvious (unsatisfied consumers, lost sales and very expensive for the company. In this context, through the following paper we seek to bring more understanding on how a company can gain the confidence of consumers given that the forms of communication that consumers prefer and that are gaining momentum currently, are taking place online, especially in the social media.

Intergenerational care: an exploration of consumer preferences and willingness to pay for care.

Science.gov (United States)

Vecchio, N; Radford, K; Fitzgerald, J A; Comans, T; Harris, P; Harris, N

2017-05-25

To identify feasible models of intergenerational care programmes, that is, care of children and older people in a shared setting, to determine consumer preferences and willingness to pay. Feasible models were constructed in extensive consultations with a panel of experts using a Delphi technique (n = 23) and were considered based on their practical implementation within an Australian setting. This informed a survey tool that captured the preferences and willingness to pay for these models by potential consumers, when compared to the status quo. Information collected from the surveys (n = 816) was analysed using regression analysis to identify fundamental drivers of preferences and the prices consumers were willing to pay for intergenerational care programmes. The shared campus and visiting models were identified as feasible intergenerational care models. Key attributes of these models included respite day care; a common educational pedagogy across generations; screening; monitoring; and evaluation of participant outcomes. Although parents were more likely to take up intergenerational care compared to the status quo, adult carers reported a higher willingness to pay for these services. Educational attainment also influenced the likely uptake of intergenerational care. The results of this study show that there is demand for the shared campus and the visiting campus models among the Australian community. The findings support moves towards consumer-centric models of care, in line with national and international best practice. This consumer-centric approach is encapsulated in the intergenerational care model and enables greater choice of care to match different consumer demands.

Multikanban model for disassembly line with demand fluctuation

Science.gov (United States)

Udomsawat, Gun; Gupta, Surendra M.; Al-Turki, Yousef A. Y.

2004-02-01

In recent years, the continuous growth in consumer waste and dwindling natural resources has seriously threatened the environment. Realizing this, several countries have passed regulations that force manufacturers not only to manufacture environmentally conscious products, but also to take back their used products from consumers so that the components and materials recovered from the products may be reused and/or recycled. Disassembly plays an important role in product recovery. A disassembly line is perhaps the most suitable setting for disassembly of products in large quantities. Because a disassembly line has a tendency to generate excessive inventory, employing a kanban system can reduce the inventory level and let the system run more efficiently. A disassembly line is quite different from an assembly line. For example, not only can the demand arrive at the last station, it can also arrive at any of the other stations in the system. The demand for a component on the disassembly line could fluctuate widely. In fact, there are many other complicating matters that need to be considered to implement the concept of kanbans in such an environment. In this paper, we discuss the complications that are unique to a disassembly line. We discuss the complications in utilizing the conventional production control mechanisms in a disassembly line setting. We then show how to overcome them by implementing kanbans in a disassembly line setting with demand fluctuation and introduce the concept of multi-kanban mechanism. We demonstrate its effectiveness using a simulation model. An example is presented to illustrate the concept.

Estimating U.S. residential demand for fuelwood in the presence of selectivity

Science.gov (United States)

Daly, Ryan Michael

Residential energy consumers have options for home heating. With many applications, appliances, and fuel types, fuelwood used for heating faces stiff competition in modern society from other fuels. This study estimates demand for domestic fuelwood. It also examines whether evidence of bias exists from residential homes choosing to use fuelwood. The use of OLS as an estimator will yield biased results if such selectivity exists. Selectivity is addressed with a Heckman (1979) two-step procedure; bias in fuelwood demand estimation using OLS is reduced. Non-wood energy prices and income are major determinants of fuelwood demand. Geographical regions and urbanization confirm results from prior studies.

No Refund or Full Refund: When Should a Fashion Brand Offer Full Refund Consumer Return Service for Mass Customization Products?

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Tsan-Ming Choi

2013-01-01

Full Text Available We analytically explore in this paper the consumer return policy under fashion mass customization (MC program. To be specific, we model the stochastic fashion MC program with the consideration of consumer demand uncertainty. If a consumer return policy is implemented, we further consider return uncertainty. By modeling the optimization objective of the risk averse MC fashion brand via a mean-variance approach, we derive the closed-form optimal solution under each case. We then conduct both analytical and numerical sensitivity analyses. For the scenario with full refund and return, we reveal the analytical conditions under which the optimal retail price and the optimal number of options available for customization (called the “optimal modularity level” vary monotonically with respect to the salvage value and the return service charge. For the scenario when there is no refund and return, we show that the optimal retail price and the optimal modularity level are decreasing in the MC fashion brand's degree of risk aversion, the demand uncertainty, and the price-demand sensitivity coefficient. In addition, our numerical analysis indicates that whether the risk averse MC fashion brand would prefer offering consumer return with full refund to no return depends heavily on the demand-return correlation (DRC parameter.

Sustainability Analysis and Market Demand Estimation in the Retail Industry through a Convolutional Neural Network

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Luyao Wang

2018-05-01

Full Text Available The Chinese retail industry is expected to grow dramatically over the next few years, owing to the rapid increase in purchasing power of Chinese consumers. Retail managers should analyze the market demands and avoid dull sales to promote the sustainable development of the retail industry. Economic sustainability in the retail industry, which refers to a suitable return of investment, requires the implementation of precise product allocation strategies in different regions. This study proposed a hybrid model to evaluate economic sustainability in the preparation of goods of retail shops on the basis of market demand evaluation. Through a grid-based convolutional neural network, a regression model was first established to model the relationship between consumer distribution and the potential market demand. Then, another model was proposed to evaluate the sustainability among regions based on their supply-demand analysis. An experiment was conducted based on the actual sales data of retail shops in Guiyang, China. Results showed an immense diversity of sustainability in the entire city and three classes of regions were distinguished, namely, high, moderate, and limited. Our model was proven to be effective in the sustainability evaluation of supply and demand in the retail industry after validation showed that its accuracy reached 92.8%.

The estimate of world demand for Pangasius catfish (Pangasiusianodon hypopthalmus)

DEFF Research Database (Denmark)

Tien Thong, Nguyen; Nielsen, Max; Roth, Eva

2017-01-01

in all markets except Latin America evaluate Pangasius as a necessary good, indicating that the Pangasius industry is relatively little affected by recessions and booms in the world economy. The major markets are substitutes for each other; therefore, if demand at one market region is reduced......-linear Inverse Almost Ideal Demand System of the seven market regions. Prices in all markets are found very inflexible, with own-price flexibilities on −0.200 to −0.917, or −0.419 on average, revealing the option of expanding global production and export without inducing a substantial price reduction. Consumers...

Elasticities of demand for gasoline in Canada and the United States

International Nuclear Information System (INIS)

Nicol, C.J.

2003-01-01

Fluctuations in the world price of oil, the concern with greenhouse gas emissions and the efforts to revive the 1997 Kyoto Protocol have resulted in renewed interest in the estimation of elasticities of demand for gasoline. In this paper, a complete system of demand equations is estimated, including an equation for the demand for gasoline. Canadian family expenditure (FAMEX) and United States consumer expenditure (CEX) survey data are used. Household-level data permits estimation of elasticities for various household groups. Also, differences in demand responsiveness to own-price and income changes are estimated for different regions in Canada and the United States. Demand is found to be own-price and income inelastic, on the whole, as reported in earlier studies. There is also variation in these elasticities across regions of Canada and the United States. However, larger differences are observed with respect to household size and housing tenure, than to region of residence

Modelling of demand response and market power

International Nuclear Information System (INIS)

Kristoffersen, B.B.; Donslund, B.; Boerre Eriksen, P.

2004-01-01

Demand-side flexibility and demand response to high prices are prerequisites for the proper functioning of the Nordic power market. If the consumers are unwilling to respond to high prices, the market may fail the clearing, and this may result in unwanted forced demand disconnections. Being the TSO of Western Denmark, Eltra is responsible of both security of supply and the design of the power market within its area. On this basis, Eltra has developed a new mathematical model tool for analysing the Nordic wholesale market. The model is named MARS (MARket Simulation). The model is able to handle hydropower and thermal production, nuclear power and wind power. Production, demand and exchanges modelled on an hourly basis are new important features of the model. The model uses the same principles as Nord Pool (The Nordic Power Exchange), including the division of the Nordic countries into price areas. On the demand side, price elasticity is taken into account and described by a Cobb-Douglas function. Apart from simulating perfect competition markets, particular attention has been given to modelling imperfect market conditions, i.e. exercise of market power on the supply side. Market power is simulated by using game theory, including the Nash equilibrium concept. The paper gives a short description of the MARS model. Besides, focus is on the application of the model in order to illustrate the importance of demand response in the Nordic market. Simulations with different values of demand elasticity are compared. Calculations are carried out for perfect competition and for the situation in which market power is exercised by the large power producers in the Nordic countries (oligopoly). (au)

Analysing Smart Metering Systems from a Consumer Perspective

Science.gov (United States)

Yesudas, Rani

Many countries are deploying smart meters and Advanced Metering Infrastructure systems as part of demand management and grid modernisation efforts. Several of these projects are facing consumer resistance. The advertised benefits to the consumer appear mainly monetary but detailed analysis shows that financial benefits are hard to realise since the fixed services charges are high. Additionally, the data collected from smart meters have security and privacy implications for the consumer. These projects failed to consider end-users as an important stakeholder group during planning stages resulting in the design and roll-out of expensive systems, which do not demonstrate clear consumer benefits. The overall goal of the research reported in this thesis was to improve the smart metering system to deliver consumer benefits that increase confidence and acceptance of these projects. The smart metering system was examined from an end-user perspective for realistic insights into consumer concerns. Processes from Design Science Research methodology were utilised to conduct this research due to the utilitarian nature of the objective. Consumer segmentation was central to the proposed measures. Initially, a consumer-friendly risk analysis framework was devised, and appropriate requirement elicitation techniques were identified. Control options for smart meter data transfer and storage were explored. Various scenarios were analysed to determine consumer-friendly features in the smart metering system, including control options for smart meter data transfer and storage. Proposed functionalities (billing choices, feedback information and specific configurations to match the needs of different user segments) were studied using the Australian smart metering system. Smart meters vary in capabilities depending on the manufacturer, mode and place of deployment. The research showed that features proposed in this thesis are implementable in smart meters, by examining their applicability

Smart Grid Adoption Likeliness Framework: Comparing Idaho and National Residential Consumers' Perceptions

Science.gov (United States)

Baiya, Evanson G.

New energy technologies that provide real-time visibility of the electricity grid's performance, along with the ability to address unusual events in the grid and allow consumers to manage their energy use, are being developed in the United States. Primary drivers for the new technologies include the growing energy demand, tightening environmental regulations, aging electricity infrastructure, and rising consumer demand to become more involved in managing individual energy usage. In the literature and in practice, it is unclear if, and to what extent, residential consumers will adopt smart grid technologies. The purpose of this quantitative study was to examine the relationships between demographic characteristics, perceptions, and the likelihood of adopting smart grid technologies among residential energy consumers. The results of a 31-item survey were analyzed for differences within the Idaho consumers and compared against national consumers. Analysis of variance was used to examine possible differences between the dependent variable of likeliness to adopt smart grid technologies and the independent variables of age, gender, residential ownership, and residential location. No differences were found among Idaho consumers in their likeliness to adopt smart grid technologies. An independent sample t-test was used to examine possible differences between the two groups of Idaho consumers and national consumers in their level of interest in receiving detailed feedback information on energy usage, the added convenience of the smart grid, renewable energy, the willingness to pay for infrastructure costs, and the likeliness to adopt smart grid technologies. The level of interest in receiving detailed feedback information on energy usage was significantly different between the two groups (t = 3.11, p = .0023), while the other variables were similar. The study contributes to technology adoption research regarding specific consumer perceptions and provides a framework that

Closing data gaps for LCA of food products: estimating the energy demand of food processing.

Science.gov (United States)

Sanjuán, Neus; Stoessel, Franziska; Hellweg, Stefanie

2014-01-21

Food is one of the most energy and CO2-intensive consumer goods. While environmental data on primary agricultural products are increasingly becoming available, there are large data gaps concerning food processing. Bridging these gaps is important; for example, the food industry can use such data to optimize processes from an environmental perspective, and retailers may use this information for purchasing decisions. Producers and retailers can then market sustainable products and deliver the information demanded by governments and consumers. Finally, consumers are increasingly interested in the environmental information of foods in order to lower their consumption impacts. This study provides estimation tools for the energy demand of a representative set of food process unit operations such as dehydration, evaporation, or pasteurization. These operations are used to manufacture a variety of foods and can be combined, according to the product recipe, to quantify the heat and electricity demand during processing. In combination with inventory data on the production of the primary ingredients, this toolbox will be a basis to perform life cycle assessment studies of a large number of processed food products and to provide decision support to the stakeholders. Furthermore, a case study is performed to illustrate the application of the tools.

Differentiated Products Demand Systems from a Combination of Micro and Macro Data: The New Car Market

Science.gov (United States)

Berry, Steven; Levinsohn, James; Pakes, Ariel

2004-01-01

In this paper, we consider how rich sources of information on consumer choice can help to identify demand parameters in a widely used class of differentiated products demand models. Most important, we show how to use "second-choice" data on automotive purchases to obtain good estimates of substitution patterns in the automobile industry. We use…

Power Balancing Aggregator Design for Industrial Consumers Using Direct Control

DEFF Research Database (Denmark)

Rahnama, Samira; Bendtsen, Jan Dimon; Stoustrup, Jakob

2015-01-01

Demand side management in the future smart grid requires new players in the electricity markets. We assume a player, the so-called aggregator which aims to utilize the flexibility in large-scale consumers with thermal energy storage. An aggregator design is proposed to mange the power consumption...

A Study on Consumer Perspective towards Green Products in Bengaluru City, India

OpenAIRE

Pusarla Lakshmi Padmaja; Vaddadi Krishna Mohan

2016-01-01

Sustainability is a trending concept of the 21st century. With an increase in global warming and carbon emissions, green marketing gained importance and subsequently encouraging green products, which can further contribute to sustainable environment. The consumer play a major role in determining the demand for any product and since green products are eco-friendly, they have created niche for those environmental consciousness customers. In this context, a study on consumer perspective and atti...

Consumer evaluation of imported organic food products in emerging economies in Asia

OpenAIRE

Pedersen, Susanne; Aschemann-Witzel, Jessica; Thøgersen, John

2017-01-01

Consumer evaluation of imported organic food products in emerging economies in Asia Introduction Consumers in emerging economies such as Thailand and China have started to demand organic food products – mainly due to food safety reasons (Ortega, Wang, Wu, & Hong, 2015; Roitner-Schobesberger, Darnhofer, Somsook, & Vogl, 2008; C. L. Wang, Li, Barnes, & Ahn, 2012; O. Wang, De Steur, Gellynck, & Verbeke, 2015). However, since the domestic organic markets are still not well-establi...

Influence of the shape on the consumers perception of the packaging attributes

OpenAIRE

Gojko Vladić; Milica Kecman; Nemanja Kašiković; Magdolna Pál; Mladen Stančić

2015-01-01

Packaging for fast moving consumer goods (FMCG) demands constant attention in order to stay competitive in modern dynamic markets. FMCG consumers do not think about the purchasing product until they enter the place of purchase. This emphasizes importance of the communication in a place of purchase. Alongside promotional banners, displays and counters, packaging can be used for this purpose. While in-store promotional banners, displays and counters represent additional cost, the packaging as t...

The spread model of food safety risk under the supply-demand disturbance

OpenAIRE

Wang, Jining; Chen, Tingqiang

2016-01-01

In this paper, based on the imbalance of the supply-demand relationship of food, we design a spreading model of food safety risk, which is about from food producers to consumers in the food supply chain. We use theoretical analysis and numerical simulation to describe the supply-demand relationship and government supervision behaviors? influence on the risk spread of food safety and the behaviors of the food producers and the food retailers. We also analyze the influence of the awareness of c...

INDIA’S ELECTRICITY DEMAND FORECAST USING REGRESSION ANALYSIS AND ARTIFICIAL NEURAL NETWORKS BASED ON PRINCIPAL COMPONENTS

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S. Saravanan

2012-07-01

Full Text Available Power System planning starts with Electric load (demand forecasting. Accurate electricity load forecasting is one of the most important challenges in managing supply and demand of the electricity, since the electricity demand is volatile in nature; it cannot be stored and has to be consumed instantly. The aim of this study deals with electricity consumption in India, to forecast future projection of demand for a period of 19 years from 2012 to 2030. The eleven input variables used are Amount of CO2 emission, Population, Per capita GDP, Per capita gross national income, Gross Domestic savings, Industry, Consumer price index, Wholesale price index, Imports, Exports and Per capita power consumption. A new methodology based on Artificial Neural Networks (ANNs using principal components is also used. Data of 29 years used for training and data of 10 years used for testing the ANNs. Comparison made with multiple linear regression (based on original data and the principal components and ANNs with original data as input variables. The results show that the use of ANNs with principal components (PC is more effective.

Consumer Willingness to Pay for Quality Attributes of Fresh Seafood

DEFF Research Database (Denmark)

Nguyen, Thong Tien; Haider, Wolfgang; Solgaard, Hans Stubbe

2015-01-01

We applied a labeled choice experiment (LCE) to investigate consumer demand and choice behavior for fresh seafood in a retail market. The LCE was conducted for a large number of seafood alternatives (i.e., seafood species) labeled by the respective seafood name (e.g., cod, salmon, mussels......). Consumer heterogeneity in preference was expressed by estimating a labeled latent class model with alternative-specific effects, which varies choice probability and model parameters over seafood alternatives and across classes. The willingness to pay (WTP) for extrinsic attributes (e.g., product form...

Creating Demand for Prescription Drugs: A Content Analysis of Television Direct-to-Consumer Advertising

Science.gov (United States)

Frosch, Dominick L.; Krueger, Patrick M.; Hornik, Robert C.; Cronholm, Peter F.; Barg, Frances K.

2007-01-01

PURPOSE American television viewers see as many as 16 hours of prescription drug advertisements (ads) each year, yet no research has examined how television ads attempt to influence consumers. This information is important, because ads may not meet their educational potential, possibly prompting consumers to request prescriptions that are clinically inappropriate or more expensive than equally effective alternatives. METHODS We coded ads shown during evening news and prime time hours for factual claims they make about the target condition, how they attempt to appeal to consumers, and how they portray the medication and lifestyle behaviors in the lives of ad characters. RESULTS Most ads (82%) made some factual claims and made rational arguments (86%) for product use, but few described condition causes (26%), risk factors (26%), or prevalence (25%). Emotional appeals were almost universal (95%). No ads mentioned lifestyle change as an alternative to products, though some (19%) portrayed it as an adjunct to medication. Some ads (18%) portrayed lifestyle changes as insufficient for controlling a condition. The ads often framed medication use in terms of losing (58%) and regaining control (85%) over some aspect of life and as engendering social approval (78%). Products were frequently (58%) portrayed as a medical breakthrough. CONCLUSIONS Despite claims that ads serve an educational purpose, they provide limited information about the causes of a disease or who may be at risk; they show characters that have lost control over their social, emotional, or physical lives without the medication; and they minimize the value of health promotion through lifestyle changes. The ads have limited educational value and may oversell the benefits of drugs in ways that might conflict with promoting population health. PMID:17261859

Creating demand for prescription drugs: a content analysis of television direct-to-consumer advertising.

Science.gov (United States)

Frosch, Dominick L; Krueger, Patrick M; Hornik, Robert C; Cronholm, Peter F; Barg, Frances K

2007-01-01

American television viewers see as many as 16 hours of prescription drug advertisements (ads) each year, yet no research has examined how television ads attempt to influence consumers. This information is important, because ads may not meet their educational potential, possibly prompting consumers to request prescriptions that are clinically inappropriate or more expensive than equally effective alternatives. We coded ads shown during evening news and prime time hours for factual claims they make about the target condition, how they attempt to appeal to consumers, and how they portray the medication and lifestyle behaviors in the lives of ad characters. Most ads (82%) made some factual claims and made rational arguments (86%) for product use, but few described condition causes (26%), risk factors (26%), or prevalence (25%). Emotional appeals were almost universal (95%). No ads mentioned lifestyle change as an alternative to products, though some (19%) portrayed it as an adjunct to medication. Some ads (18%) portrayed lifestyle changes as insufficient for controlling a condition. The ads often framed medication use in terms of losing (58%) and regaining control (85%) over some aspect of life and as engendering social approval (78%). Products were frequently (58%) portrayed as a medical breakthrough. Despite claims that ads serve an educational purpose, they provide limited information about the causes of a disease or who may be at risk; they show characters that have lost control over their social, emotional, or physical lives without the medication; and they minimize the value of health promotion through lifestyle changes. The ads have limited educational value and may oversell the benefits of drugs in ways that might conflict with promoting population health.

Demand for healthcare in India

Directory of Open Access Journals (Sweden)

Brijesh C. Purohit

2013-03-01

Full Text Available In a developing country like India, allocation of scarce fiscal resources has to be based on a clear understanding of how investments in the heath sector are going to affect demand. Three aspects like overall healthcare demand, consumer decisions to use public and/or private care and role of price/quality influencing poor/rich consumer’s decisions are critical to assessing the equity implications of alternative policies. Our paper addresses these aspects through examining the pattern of healthcare demand in India. Data from the National Family Health Survey are used to model the healthcare choices that individuals make. We consider what these behavioral characteristics imply for public policy. This analysis aims to study disparities between rural and urban areas from all throughout India to five Indian states representing three levels of per capita incomes (all-India average, rich and poor. Results evidence that healthcare demand both in rural and urban areas is a commodity emerging as an essential need. Choices between public or private provider are guided by income and quality variables mainly with regard to public healthcare denoting thus a situation of very limited alternatives in terms of availing private providers. These results emphasize that existing public healthcare facilities do not serve the objective of providing care to the poor in a satisfactory manner in rural areas. Thus, any financing strategy to improve health system and reduce disparities across rich-poor states and rural-urban areas should also take into account not only overcoming inadequacy but also inefficiency in allocation and utilization of healthcare inputs.

Measuring the impact of negative demand shocks on car dealer networks

NARCIS (Netherlands)

Albuquerque, P.; Bronnenberg, B.J.

2012-01-01

The goal of this paper is to study the behavior of consumers, dealers, and manufacturers in the car sector and present an approach that can be used by managers and policy makers to investigate the impact of significant demand shocks on profits, prices, and dealer networks. More specifically, we

The consumer : the forgotten party in the race to commercialize hydrogen vehicles

International Nuclear Information System (INIS)

Adamson, K.A.

2002-01-01

This paper described the current research into niche market adoption for hydrogen vehicles with reference to what consumers are willing to pay for the attributes of a hydrogen vehicle. The automotive industry has invested billions of dollars in the past decade into the development of hydrogen vehicles for an imminent market launch date of 2003 and 2004. Energy providers have also begun to address the issue of fuel infrastructure. However, demand pull from the consumer is necessary to fulfill the concept of a hydrogen-based vehicle fleet. Direct hydrogen fuelled vehicles currently include the BMW 750 hl, the NECAR 4 and NECAR 6 from DaimlerChrysler, the Ford Focus FCV and the Honda FCX-V3. These initial market vehicles will undergo significant evolution during and before mass market launch, but they are critical in terms of demand pull for the creation of a market for the hydrogen vehicle. Launching a new product is risky business. Studies have shown that the probability of success of a new product is between 5 to 20 per cent. Consumers have the choice to stick with internal combustion engines but to switch to hydrogen fuel, or they could switch to a different power train (such as a fuel cell), or they can choose to stay with the traditional ICE engine fuelled by gasoline or diesel. Analysing consumer choice and modelling who these consumers are, could be useful in determining the probability of adopting hydrogen vehicle technology. 7 refs., 6 figs

Modeling and forecasting of electrical power demands for capacity planning

Energy Technology Data Exchange (ETDEWEB)

Al-Shobaki, Salman [Department of Industrial Engineering, Hashemite University, Zarka 13115 (Jordan); Mohsen, Mousa [Department of Mechanical Engineering, Hashemite University, Zarka 13115 (Jordan)

2008-11-15

This paper describes the development of forecasting models to predict future generation and electrical power consumption in Jordan. This is critical to production cost since power is generated by burning expensive imported oil. Currently, the National Electric Power Company (NEPCO) is using regression models that only accounts for trend dynamics in their planning of loads and demand levels. The models are simplistic and are based on generated energy historical levels. They produce results on yearly bases and do not account for monthly variability in demand levels. The paper presents two models, one based on the generated energy data and the other is based on the consumed energy data. The models account for trend, monthly seasonality, and cycle dynamics. Both models are compared to NEPCO's model and indicate that NEPCO is producing energy at levels higher than needed (5.25%) thus increasing the loss in generated energy. The developed models also show a 13% difference between the generated energy and the consumed energy that is lost due to transmission line and in-house consumption. (author)

Modeling and forecasting of electrical power demands for capacity planning

International Nuclear Information System (INIS)

Al-Shobaki, Salman; Mohsen, Mousa

2008-01-01

This paper describes the development of forecasting models to predict future generation and electrical power consumption in Jordan. This is critical to production cost since power is generated by burning expensive imported oil. Currently, the National Electric Power Company (NEPCO) is using regression models that only accounts for trend dynamics in their planning of loads and demand levels. The models are simplistic and are based on generated energy historical levels. They produce results on yearly bases and do not account for monthly variability in demand levels. The paper presents two models, one based on the generated energy data and the other is based on the consumed energy data. The models account for trend, monthly seasonality, and cycle dynamics. Both models are compared to NEPCO's model and indicate that NEPCO is producing energy at levels higher than needed (5.25%) thus increasing the loss in generated energy. The developed models also show a 13% difference between the generated energy and the consumed energy that is lost due to transmission line and in-house consumption

Social power, product conspicuousness, and the demand for luxury brand counterfeit products.

Science.gov (United States)

Bian, Xuemei; Haque, Sadia; Smith, Andrew

2015-03-01

The aim of this article is twofold: (1) to achieve a better understanding of the psychological determinants of the demand for luxury brand counterfeit products (LBCP) through exploring the effects of social power; (2) to extend power literature by identifying boundary conditions of the relationship between social power and compensatory consumption identified by Rucker and Galinsky (2008, J. Consum. Res., 35, 257-267) and Rucker and Galinsky (2009, J. Exp. Soc. Psychol., 45, 549-555). Findings from three experiments demonstrate that social power holds key insights into understanding consumers' purchase propensity for LBCP; product conspicuousness moderates the effects of social power on purchase propensity for status products; these moderation effects are only observed when the status products are LBCP but not genuine products. This article, therefore, contributes to the literature regarding the demand for counterfeits as well as the social power and compensatory consumption literature. © 2014 The British Psychological Society.

FACTORS DECREASING HOUSEHOLD ELECTRICITY DEMAND – A QUALITATIVE APPROACH

Directory of Open Access Journals (Sweden)

Shimon ELBAZ

2018-05-01

Full Text Available Reducing energy consumption through changes in individual consumers’ behaviors is one of the most important challenges of the present society and near future. Our qualitative study, based on semi-structured interviews, deals with the investigation of household consumer behavior, in order to explore ways for reducing the electricity demand, in the particular cultural context of a country with high levels of energy consumption in both summer and winter times – Israel. Various approaches, coming from economics, sociology, psychology or education were tested, for limiting the use of a particular, invisible and intangible merchandise - electricity. The main objective of the present study was to determine consumers’ perceptions about the various approaches that could be used to decrease the domestic demand and consumption of electricity. A secondary objective was to identify, based on consumers’ perceptions, the factors of influence that could be used in future quantitative researches and governance strategies. We found out that investigated families have a high level of education in the field of electricity consumption and marketing campaigns, which would make the classic energy educational approach less efficient. Household electricity consumers in Israel have awareness and willingness not to waste or consume electricity beyond what is necessary, but the necessary level is positioned quite high. The social comparison approach appears to be ineffective, as well, even if it proved its efficiency in other cultures. The psychological and the economic approach could be partially efficient, if certain influence factors are widely used. These factors include mainly the magnitude of the savings, the perceived behavioral control, the personal thermal comfort and the pro-environmental attitude. The most important managerial implication concerns the strategies that could be conceived by electricity companies and national authorities – based on un

THE ROLE OF CORPORATE SOCIAL RESPONSIBILITY IN CONSUMER BEHAVIOUR: AN UNRESOLVED PARADOX

OpenAIRE

Rosetta Lombardo

2011-01-01

Business activity and consumption activities are recognised as impacting, often negatively, on the environment. The challenge of ‘satisfying the needs of the present generation without compromising the chance for future generations to satisfy theirs’ requires, however, contributions by all societal actors. A growing number of firms “overcomply” with environmental regulation for several reasons. Firms satisfy consumer demand and try to shape that demand. In doing so, they may create a taste fo...

Gasoline taxes or efficiency standards? A heterogeneous household demand analysis

International Nuclear Information System (INIS)

Liu, Weiwei

2015-01-01

Using detailed consumer expenditure survey data and a flexible semiparametric dynamic demand model, this paper estimates the price elasticity and fuel efficiency elasticity of gasoline demand at the household level. The goal is to assess the effectiveness of gasoline taxes and vehicle fuel efficiency standards on fuel consumption. The results reveal substantial interaction between vehicle fuel efficiency and the price elasticity of gasoline demand: the improvement of vehicle fuel efficiency leads to lower price elasticity and weakens consumers’ sensitivity to gasoline price changes. The offsetting effect also differs across households due to demographic heterogeneity. These findings imply that when gasoline taxes are in place, tightening efficiency standards will partially offset the strength of taxes on reducing fuel consumption. - Highlights: • Model household gasoline demand using a semiparametric approach. • Estimate heterogeneous price elasticity and fuel efficiency elasticity. • Assess the effectiveness of gasoline taxes and efficiency standards. • Efficiency standards offset the impact of gasoline taxes on fuel consumption. • The offsetting effect differs by household demographics

The impact of gasoline price fluctuations on lodging demand for US brand hotels

International Nuclear Information System (INIS)

Walsh, Kate; Enz, Cathy A.; Canina, Linda

2004-01-01

Analyzing US brand hotels, over a 13-year period, this study provides empirical evidence of a significant negative relationship between gasoline prices and demand for certain lodging products, controlling for economic factors (i.e. gross domestic product and population density). Applying principles from microeconomic demand theory to the literature on gasoline price elasticities, consumer demographics and lodging demand, a set of hypotheses were devised to test the relationship between gasoline prices and lodging demand for specific hotel locations and price segments. Using fixed effects models, the results reveal that lodging demand decreases as gasoline prices rise in all segments except upper-upscale and all locations except urban areas. Hotels in midscale without food and beverage and economy market segments, in resort, suburban and highway locations, exhibit the greatest association between gasoline price shifts and demand. Implications of these findings are discussed for both hospitality research and practice. (Author)

The impact of gasoline price fluctuations on lodging demand for US brand hotels

Energy Technology Data Exchange (ETDEWEB)

Walsh, Kate; Enz, Cathy A.; Canina, Linda [Cornell Univ., School of Hotel Administration, Ithaca, NY (United States)

2004-12-01

Analyzing US brand hotels, over a 13-year period, this study provides empirical evidence of a significant negative relationship between gasoline prices and demand for certain lodging products, controlling for economic factors (i.e. gross domestic product and population density). Applying principles from microeconomic demand theory to the literature on gasoline price elasticities, consumer demographics and lodging demand, a set of hypotheses were devised to test the relationship between gasoline prices and lodging demand for specific hotel locations and price segments. Using fixed effects models, the results reveal that lodging demand decreases as gasoline prices rise in all segments except upper-upscale and all locations except urban areas. Hotels in midscale without food and beverage and economy market segments, in resort, suburban and highway locations, exhibit the greatest association between gasoline price shifts and demand. Implications of these findings are discussed for both hospitality research and practice. (Author)

A future Demand Side Management (DSM) opportunity for utility as variable renewable penetrate scale up using agriculture.

Science.gov (United States)

Ines, A.; Bhattacharjee, A.; Modi, V.; Robertson, A. W.; Lall, U.; Kocaman Ayse, S.; Chaudhary, S.; Kumar, A.; Ganapathy, A.; Kumar, A.; Mishra, V.

2015-12-01

Energy demand management, also known as demand side management (DSM), is the modification of consumer demand for energy through various methods such as smart metering, incentive based schemes, payments for turning off loads or rescheduling loads. Usually, the goal of demand side management is to encourage the consumer to use less power during periods of peak demand, or to move the time of energy use to off-peak times. Peak demand management does not necessarily decrease total energy consumption, but could be expected to reduce the need for investments in networks and/or power plants for meeting peak demands. Electricity use can vary dramatically on short and medium time frames, and the pricing system may not reflect the instantaneous cost as additional higher-cost that are brought on-line. In addition, the capacity or willingness of electricity consumers to adjust to prices by altering elasticity of demand may be low, particularly over short time frames. In the scenario of Indian grid setup, the retail customers do not follow real-time pricing and it is difficult to incentivize the utility companies for continuing the peak demand supply. A question for the future is how deeper penetration of renewable will be handled? This is a challenging problem since one has to deal with high variability, while managing loss of load probabilities. In the case of managing the peak demand using agriculture, in the future as smart metering matures with automatic turn on/off for a pump, it will become possible to provide an ensured amount of water or energy to the farmer while keeping the grid energized for 24 hours. Supply scenarios will include the possibility of much larger penetration of solar and wind into the grid. While, in absolute terms these sources are small contributors, their role will inevitably grow but DSM using agriculture could help reduce the capital cost. The other option is of advancing or delaying pump operating cycle even by several hours, will still ensure

Advertising and Consumer Choice of Telecommunication Services in Nigeria

Directory of Open Access Journals (Sweden)

David Oladipo Olalekan

2015-09-01

Full Text Available This study examines the critical influence of advertising on consumer choice of telecommunication services in Nigeria. The advertisement played a key role in providing the consumers with product information. The study investigates the effect of marketing medium of telecommunication as a proxy for advertisement on preference of telecommunication services as a proxy for consumer choice in Nigeria. The Binary Logit Model (BLM and descriptive analytical frameworks are used to evaluate the statistical importance of advertisement, quality of services, income of the consumer, product’s self and related service charges for a consumer choice of telecommunication services through Wald test. The findings show that product’s self service charge and service quality are statistically significant for a consumer choice of telecommunication services in Nigeria at 1 percent significance level. And, related product’s service is statistically significant for a consumer choice of telecommunication services in Nigeria at 5 percent significance level. While advertisement and income of the consumer are statistically significant for a consumer choice of telecommunication services in Nigeria at 10 percent. The study concludes that advertisement is important for the choice of telecommunication services in Nigeria but having less impact. And, product’s self service charge and service quality are hugely significant for the choice of telecommunication services in Nigeria. Therefore, the sector of telecommunications needs more investment in advertisement so as to have telecommunications’ products information spread in order to stimulate the increase in demand for telecommunication services in Nigeria.

The management of the household demand for electricity: a review of 30 years of experiments around the world

International Nuclear Information System (INIS)

Lesgards, V.; Frachet, L.

2012-01-01

Since the end of 1970's, experiments to test the impact of providing information, then of variable pricing, on the demand for electricity by households have developed considerably around the world. Initially undertaken in the USA and in the UK, where they analysed the impact of consumer information on overall demand, after the year 2000 these pilot efforts have been extended to most OECD member countries and aim too to reduce peak demand with appropriate price incentives. In recent years methodological improvements have been made in establishing the cause and effect relationship between these stimuli and the induced modification in consumption (internal validity). On top of methodological gains, the analysis of these experiments reveals some salient characteristics of the residential consumers' behaviour: the absence of any tangible and durable impact of solely using information on demand, the lasting incentive effect of variable pricing on reducing consumption at peak times, often creating a trend, as well as a strong heterogeneity of household reactions to these different stimuli. (authors)

Energy demand analysis in the industrial sector

International Nuclear Information System (INIS)

Lapillone, B.

1991-01-01

This Chapter of the publication is dealing with Energy Demand Analysis in the Industrial Sector.Different estimates of energy consumption in Industry taking Thailand as an example is given. Major energy consuming industrial sectors in selected Asian countries are given. Suggestion for the analysis of the energy consumption trends in industry, whether at the overall level or at the sub-sector level (e.g. food) using the conventional approach , through energy/output ratio is given. 4 refs, 7 figs, 13 tabs

Machine Learning for Identifying Demand Patterns of Home Energy Management Systems with Dynamic Electricity Pricing

Directory of Open Access Journals (Sweden)

Derck Koolen

2017-11-01

Full Text Available Energy management plays a crucial role in providing necessary system flexibility to deal with the ongoing integration of volatile and intermittent energy sources. Demand Response (DR programs enhance demand flexibility by communicating energy market price volatility to the end-consumer. In such environments, home energy management systems assist the use of flexible end-appliances, based upon the individual consumer’s personal preferences and beliefs. However, with the latter heterogeneously distributed, not all dynamic pricing schemes are equally adequate for the individual needs of households. We conduct one of the first large scale natural experiments, with multiple dynamic pricing schemes for end consumers, allowing us to analyze different demand behavior in relation with household attributes. We apply a spectral relaxation clustering approach to show distinct groups of households within the two most used dynamic pricing schemes: Time-Of-Use and Real-Time Pricing. The results indicate that a more effective design of smart home energy management systems can lead to a better fit between customer and electricity tariff in order to reduce costs, enhance predictability and stability of load and allow for more optimal use of demand flexibility by such systems.

Report on energy supply and demand in Canada : 2002

International Nuclear Information System (INIS)

Dion, M.; Lacroix, J.; Smalldridge, G.; Svab, J.; Cromey, N.

2003-01-01

This paper presents an analysis of energy use in Canada. The year 1990 was used as a starting point because that is the base year for energy inventories for the Kyoto Protocol. Data was derived from monthly and quarterly surveys. The report describes data quality and methodology as well as energy conversion factors. It includes individual tables on primary and secondary energy for: coal, crude oil, natural gas, natural gas liquids, primary electricity, steam, coke, secondary electricity, refined petroleum products, non-energy refined petroleum products, solid wood waste, and spent liquor. The most recent data on energy demand and supply indicates that Canadians consumed energy for transportation twice as fast as the nation's industries did in the past 12 years. From 1990 to 2002, energy consumption in the transportation sector increased 22.7 per cent while demand in the industrial sector rose by 11.7 per cent. Canada's energy consumption increased 17.6 per cent from 1990 to 2002. In 2002, the transportation and industrial sectors each accounted for 30 per cent of total energy consumption. Consumption of natural gas, refined petroleum and coal increased 18.1 per cent, with the greatest increased being in natural gas. In 2002, electricity produced by water, nuclear power, wind and tidal action accounted for 25 per cent of energy consumption. Secondary electricity generation from fossil fuels increased steadily. The general increase in domestic demand for energy in 2002 was due to an increase in energy consumption by the industrial sector and by growing residential sales. In 2002, the rate of increase in energy consumption in Alberta was higher than in any other province due to a booming economy and rising population. Ontario consumed the most energy in 2002, accounting for 34 per cent of the country's energy demand

Day-ahead stochastic economic dispatch of wind integrated power system considering demand response of residential hybrid energy system

International Nuclear Information System (INIS)

Jiang, Yibo; Xu, Jian; Sun, Yuanzhang; Wei, Congying; Wang, Jing; Ke, Deping; Li, Xiong; Yang, Jun; Peng, Xiaotao; Tang, Bowen

2017-01-01

Highlights: • Improving the utilization of wind power by the demand response of residential hybrid energy system. • An optimal scheduling of home energy management system integrating micro-CHP. • The scattered response capability of consumers is aggregated by demand bidding curve. • A stochastic day-ahead economic dispatch model considering demand response and wind power. - Abstract: As the installed capacity of wind power is growing, the stochastic variability of wind power leads to the mismatch of demand and generated power. Employing the regulating capability of demand to improve the utilization of wind power has become a new research direction. Meanwhile, the micro combined heat and power (micro-CHP) allows residential consumers to choose whether generating electricity by themselves or purchasing from the utility company, which forms a residential hybrid energy system. However, the impact of the demand response with hybrid energy system contained micro-CHP on the large-scale wind power utilization has not been analyzed quantitatively. This paper proposes an operation optimization model of the residential hybrid energy system based on price response, integrating micro-CHP and smart appliances intelligently. Moreover, a novel load aggregation method is adopted to centralize scattered response capability of residential load. At the power grid level, a day-ahead stochastic economic dispatch model considering demand response and wind power is constructed. Furthermore, simulation is conducted respectively on the modified 6-bus system and IEEE 118-bus system. The results show that with the method proposed, the wind power curtailment of the system decreases by 78% in 6-bus system. In the meantime, the energy costs of residential consumers and the operating costs of the power system reduced by 10.7% and 11.7% in 118-bus system, respectively.

Using Personal Water Footprints to Identify Consumer Food Choices that Influence the Conservation of Local Water Resources

Science.gov (United States)

Marrin, D. L.

2015-12-01

As the global demand for water and food escalates, the emphasis is on supply side factors rather than demand side factors such as consumers, whose personal water footprints are dominated (>90%) by food. Personal footprints include the water embedded in foods that are produced locally as well as those imported, raising the question of whether local shifts in people's food choices and habits could assist in addressing local water shortages. The current situation in California is interesting in that drought has affected an agriculturally productive region where a substantial portion of its food products are consumed by the state's large population. Unlike most agricultural regions where green water is the primary source of water for crops, California's arid climate demands an enormous volume of blue water as irrigation from its dwindling surface and ground water resources. Although California exports many of its food products, enough is consumed in-state so that residents making relatively minor shifts their food choices could save as much local blue water as their implementing more drastic reductions in household water use (comprising food group on both a caloric and gravimetric basis. Another change is wasting less food, which is a shared responsibility among consumers, producers and retailers; however, consumers' actions and preferences ultimately drive much of the waste. Personal water footprints suggest a role for individuals in conserving local water resources that is neither readily obvious nor a major focus of most conservation programs.

Presenting automatic demand control (ADC) as a new frequency control method in smart grids

Energy Technology Data Exchange (ETDEWEB)

Ameli, Mohammad Taghi; Ameli, Ali; Maleki, Hamed [Power and Water Univ. of Technology, Tehran (Iran, Islamic Republic of); Mobarhani, Alireza [Amir Kabir Univ. of Technology, Tehran (Iran, Islamic Republic of)

2011-07-01

Electric power is the most important part of human energy consumption, and since it has a low storage coefficient it is of particular importance to establish a balance in demand and generation in order to modify and optimize consumption patterns. The expression ''Smart Grid'' can be used to describe technologies which are applied for the automation and optimization of the generation, transmission and distribution network management. This technology requires the integration of information and communication technology in electrical network operation. This paper will study how the Smart Grid capabilites can be used to manage and optimize power network consumption, as well as how the consumers collaboration process using an AGC (Automatic Generation Control) system acts to provide secondary frequency control through consumed load shedding. Reestablishing the balance between demand and generation in critical network operation is also investigated. In other words, utilizing the above method, a new system, ADC (Automatic Demand Control), is offered for use alongside the AGC system in Smart Grids to restore the frequency value to its nominal value. This can lead to a more competitive electricity market and reduce the system storage while maintaining adequate security and network reliability. One of the benefits of the proposed methods described in this paper, in addition to restoring the frequency value to its nominal value, is lower costs and a more economic network operation through reducing fuel and CO2 emission by managing and controlling the amount of the consumed load in the Smart Grid. Also consumers are given the capability to have a specific timetable to economize on their energy requirements which will also reduce the load peak and the network losses. (orig.)

Influence Of Corporate Social Responsibility On Hotel Demand

OpenAIRE

Claudia Sevilla-Sevilla; Maria Dolores Reina-Paz; Ainhoa Rodriguez-Oromendia

2014-01-01

The embrace of corporate social responsibility (CSR) by the Spanish hospitality industry is still in the early stages. Few hotel companies publish sustainability reports, although the number of tourism and distribution channel organizations (tour operators, online travel agencies, etc.) incorporating specific aspects of CSR is growing each year. In this paper, the authors analyze whether CSR has a direct effect on end-consumer demand in Spain, identifying those aspects that customers evaluate...

Consumers’ Attitude towards Online Shopping : Factors influencing Gotland consumers to shop online

OpenAIRE

Sultan, Muhammad Umar; Uddin, Md. Nasir

2011-01-01

In the era of globalization electronic marketing is a great revolution.  Over the last decade maximum business organizations are running with technological change.  Online shopping or marketing is the use of technology (i.e., computer) for better marketing performance. And retailers are devising strategies to meet the demand of online shoppers; they are busy in studying consumer behavior in the field of online shopping, to see the consumer attitudes towards online shopping. Therefore we have ...

Baby Boomers’ Adoption of Consumer Health Technologies: Survey on Readiness and Barriers

OpenAIRE

LeRouge, Cynthia; Van Slyke, Craig; Seale, Deborah; Wright, Kevin

2014-01-01

Background As they age, baby boomers (born 1946-1964) will have increasing medical needs and are likely to place large demand on health care resources. Consumer health technologies may help stem rising health care needs and costs by improving provider-to-patient communication, health monitoring, and information access and enabling self-care. Research has not explored the degree to which baby boomers are ready for, or are currently embracing, specific consumer health technologies This study ex...

Estimation of Iranian price elasticities of residential electricity demand

Directory of Open Access Journals (Sweden)

Yeganeh Mousavi Jahromi

2014-06-01

Full Text Available This paper presents a study to determine demand for electricity in city of Yazd, Iran over the period of 1998-2008. Using vector error correction model (VECM based on seasonal information, the study determines that electricity has no elasticity in short term in household expenditure. Therefore, government policy on increasing price of electricity will not influence demand. However, electricity maintains elasticity over the long-term period and an increase on price of electricity could motivate consumers to reduce their consumption by purchasing energy efficient facilities. Therefore, any governmental strategy to increase price may have positive impact on economy. The study also detects a positive and meaningful relationship between temperature and electricity consumption.

Optimal Energy Management of Combined Cooling, Heat and Power in Different Demand Type Buildings Considering Seasonal Demand Variations

Directory of Open Access Journals (Sweden)

Akhtar Hussain

2017-06-01

Full Text Available In this paper, an optimal energy management strategy for a cooperative multi-microgrid system with combined cooling, heat and power (CCHP is proposed and has been verified for a test case of building microgrids (BMGs. Three different demand types of buildings are considered and the BMGs are assumed to be equipped with their own combined heat and power (CHP generators. In addition, the BMGs are also connected to an external energy network (EEN, which contains a large CHP, an adsorption chiller (ADC, a thermal storage tank, and an electric heat pump (EHP. By trading the excess electricity and heat energy with the utility grid and EEN, each BMG can fulfill its energy demands. Seasonal energy demand variations have been evaluated by selecting a representative day for the two extreme seasons (summer and winter of the year, among the real profiles of year-round data on electricity, heating, and cooling usage of all the three selected buildings. Especially, the thermal energy management aspect is emphasized where, bi-lateral heat trading between the energy supplier and the consumers, so-called energy prosumer concept, has been realized. An optimization model based on mixed integer linear programming has been developed for minimizing the daily operation cost of the EEN while fulfilling the energy demands of the BMGs. Simulation results have demonstrated the effectiveness of the proposed strategy.

Natural-gas supply-and-demand problems

International Nuclear Information System (INIS)

Hatamian, H.

1998-01-01

World natural-gas consumption quadrupled in the 30 years from 1966 to 1996, and natural gas now provides 22% of the total world energy demand. The security of natural-gas supply is paramount and rests with the suppliers and the consumers. This paper gives an overview of world natural-gas supply and demand and examines the main supply problems. The most important nonpredictable variables in natural-gas supply are worldwide gas price and political stability, particularly in regions with high reserves. Other important considerations are the cost of development/processing and the transport of natural gas to market, which can be difficult to maintain if pipelines pass through areas of political instability. Another problem is that many countries lack the infrastructure and capital for effective development of their natural-gas industry. Unlike oil, the cost of transportation of natural gas is very high, and, surprisingly, only approximately 16% of the total world production currently is traded internationally

Price elasticity of demand for malt liquor beer: findings from a US pilot study.

Science.gov (United States)

French, Michael Thomas; Browntaylor, Didra; Bluthenthal, Ricky Neville

2006-05-01

Our objective is to estimate the relative price elasticity of demand for malt liquor beer (MLB), regular beer, hard liquor, and a combined group of all other alcoholic beverages. Three hundred and twenty-nine alcohol consumers (mostly male) in South-Central Los Angeles answered a series of questions pertaining to expected consumption responses to hypothetical price increases. We found that based on a 10% price increase, the mean price elasticity of demand (% change in quantity demanded / % change in price) was -0.79 for MLB drinkers, -1.14 for regular beer drinkers, -1.11 for hard liquor drinkers, and -1.69 for the combined group of all other drinkers. Logistic regression analysis revealed that the personal characteristics significantly related to being a MLB drinker were older age, not working, being homeless, and a daily drinker. Daily (or nearly daily) drinkers were more likely to be married, earning lower incomes, and hard liquor drinkers. This study is the first to investigate the price elasticity of demand for MLB drinkers and other heavy alcohol consumers in poor urban neighborhoods of the US. Future research can use the methods from this pilot study to more rigorously examine and compare the price sensitivity among heavy drinking groups.

Coupling Agent-Based and Groundwater Modeling to Explore Demand Management Strategies for Shared Resources

Science.gov (United States)

Al-Amin, S.

2015-12-01

Municipal water demands in growing population centers in the arid southwest US are typically met through increased groundwater withdrawals. Hydro-climatic uncertainties attributed to climate change and land use conversions may also alter demands and impact the replenishment of groundwater supply. Groundwater aquifers are not necessarily confined within municipal and management boundaries, and multiple diverse agencies may manage a shared resource in a decentralized approach, based on individual concerns and resources. The interactions among water managers, consumers, and the environment influence the performance of local management strategies and regional groundwater resources. This research couples an agent-based modeling (ABM) framework and a groundwater model to analyze the effects of different management approaches on shared groundwater resources. The ABM captures the dynamic interactions between household-level consumers and policy makers to simulate water demands under climate change and population growth uncertainties. The groundwater model is used to analyze the relative effects of management approaches on reducing demands and replenishing groundwater resources. The framework is applied for municipalities located in the Verde River Basin, Arizona that withdraw groundwater from the Verde Formation-Basin Fill-Carbonate aquifer system. Insights gained through this simulation study can be used to guide groundwater policy-making under changing hydro-climatic scenarios for a long-term planning horizon.

Demand management through centralized control system using power line communication for existing buildings

International Nuclear Information System (INIS)

Al-Mulla, A.; ElSherbini, A.

2014-01-01

Highlights: • A pilot system was developed for demand management of equipment in buildings. • The networking was based on LonWorks platform and power line communication. • Demand strategies led to load reductions up to 74% and energy savings up to 25%. • The peak load reduction is expected to reach 3.44 GW by the year 2030. - Abstract: Managing peak demand efficiently is vital for maintaining uninterrupted supply of electrical power by utility providers. In this work, a pilot system was developed for managing and controlling the demand of major power consuming equipment in buildings from a central server, while relying mostly on existing infrastructure and maintaining consumer comfort. The system was successfully demonstrated on a selected group of buildings using the LonWorks networking platform. At the building level, the system utilized power line and twisted pair communication to control the thermostats of air-conditioning (A/C) units. The higher level communication was executed through extensible markup language (XML) and simple object access protocol (SOAP). The system provided control capabilities based on A/C unit priority, thermostat temperature, building type and geographic location. The development and execution of demand management strategies for selected buildings led to peak load reductions up to 74%, in addition to energy savings up to 25%. Implementing such a system at a national level in Kuwait is estimated to reduce peak demand by 3.44 GW, amounting to capital savings of $4.13 billion. The use of existing infrastructure reduced the cost and installation time of the system. Based on the successful testing of this pilot system, a larger-scale system is being developed

Consumer-driven nutrient dynamics in freshwater ecosystems: from individuals to ecosystems.

Science.gov (United States)

Atkinson, Carla L; Capps, Krista A; Rugenski, Amanda T; Vanni, Michael J

2017-11-01

The role of animals in modulating nutrient cycling [hereafter, consumer-driven nutrient dynamics (CND)] has been accepted as an important influence on both community structure and ecosystem function in aquatic systems. Yet there is great variability in the influence of CND across species and ecosystems, and the causes of this variation are not well understood. Here, we review and synthesize the mechanisms behind CND in fresh waters. We reviewed 131 articles on CND published between 1973 and 1 June 2015. The rate of new publications in CND has increased from 1.4 papers per year during 1973-2002 to 7.3 per year during 2003-2015. The majority of investigations are in North America with many concentrating on fish. More recent studies have focused on animal-mediated nutrient excretion rates relative to nutrient demand and indirect impacts (e.g. decomposition). We identified several mechanisms that influence CND across levels of biological organization. Factors affecting the stoichiometric plasticity of consumers, including body size, feeding history and ontogeny, play an important role in determining the impact of individual consumers on nutrient dynamics and underlie the stoichiometry of CND across time and space. The abiotic characteristics of an ecosystem affect the net impact of consumers on ecosystem processes by influencing consumer metabolic processes (e.g. consumption and excretion/egestion rates), non-CND supply of nutrients and ecosystem nutrient demand. Furthermore, the transformation and transport of elements by populations and communities of consumers also influences the flow of energy and nutrients across ecosystem boundaries. This review highlights that shifts in community composition or biomass of consumers and eco-evolutionary underpinnings can have strong effects on the functional role of consumers in ecosystem processes, yet these are relatively unexplored aspects of CND. Future research should evaluate the value of using species traits and abiotic

Energy efficiency actions related to the rollout of smart meters for small consumers, application to the Austrian system

International Nuclear Information System (INIS)

Olmos, Luis; Ruester, Sophia; Liong, Siok-Jen; Glachant, Jean-Michel

2011-01-01

Smart meters (SM) may provide large benefits to all stakeholders by providing the information required to implement certain sets of demand response actions. Benefits produced by SM related actions depend on the features of these actions, the system and the targeted consumer group. We first lay out an analytical framework to analyze the application of Demand Response (DR) actions. Based on this framework, we describe a way to determine the response of domestic load in a system to the implementation of DR actions. We propose determining the overall change in the consumption behavior of domestic load based on previously obtained estimates of the peak load and overall consumption reduction for different types of consumers in different types of systems resulting from the application of each set of actions. We have carried out a comprehensive literature review to provide here such estimates. We apply the analytical framework and methodology developed to characterize the reaction of consumers in the Austrian system to different SM related actions. Finally, we provide guidelines on which DR actions to implement in this system and how to implement them. The use of advanced indirect feedback on consumption behavior, critical peak prices and simple time-of-use tariffs is advocated. -- Highlights: → System and consumer features determine households' potential benefits from a Demand Response (DR) action. → Consumers' perception of the net benefits of actions determines their actual reaction. → Consumers' reaction can be characterized by their peak load and consumption reduction. → DR actions implemented should be accepted and understood by all stakeholders involved.

A preliminary study of South African consumers' knowledge of and ...