Machen Genossenschaften Ökostrom wertvoller?
Jakob Müller and
Julian Sagebiel ()
ZögU - Zeitschrift für öffentliche und gemeinwirtschaftliche Unternehmen, 2015, vol. 38, issue 2-3, 226-237
Abstract:
The reasons why energy cooperatives have been recently established especially in green electricity markets in Germany have not yet been fully understood. Grounded in transaction cost economics, we develop hypotheses that explain the benefits of cooperative governance in green electricity transactions. We test our hypothesis with a discrete choice experiment and calculate willingness to pay values for governance of green and conventional electricity providers. Our results indicate that cooperative governance such as participation rights or democratic organization raises utility for customers when the share of green electricity is increasing.
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:nms:zoegun:10.5771/0344-9777-2015-2-3-226
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DOI: 10.5771/0344-9777-2015-2-3-226
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ZögU - Zeitschrift für öffentliche und gemeinwirtschaftliche Unternehmen is currently edited by Prof. Dr. Frank Schulz-Nieswandt, Universität Köln (geschäftsführend), Prof. Dr. Thomas Lenk, Universität Leipzig, Prof. Dr. Holger Mühlenkamp, Deutsche Universität für Verwaltungswissenschaften Speyer, Prof. Dr. Johann Christian Pielow, Ruhr-Universität Bochum, Prof. Dr. Christina Schaefer, Helmut Schmidt Universität, Universität der Bundeswehr Hamburg, Prof. Dr. Ludwig Theuvsen, Georg-Augustin-Universität Göttingen and Prof. Dr. Dieter Kurt Tscheulin, Albert-Ludwigs-Universität Freiburg
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