A Note on Price Perception in Water Demand Models

Michael Nieswiadomy and David J. Molina

Land Economics, 1991, vol. 67, issue 3, 352-359

Abstract: A household's decision to acquire price knowledge is endogenous in the demand for utility services and may affect elasticities and consumption levels. A simultaneous equation model with endogenous switching is developed to evaluate the effects of price ...

Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:uwp:landec:v:67:y:1991:i:3:p:352-359

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