Modelling Time of Day Sustitution Using the Second Moments of Demand

Joseph Hirschberg

No 506, Department of Economics - Working Papers Series from The University of Melbourne

Abstract: Time of day (TOD) rates are a commonly used method for peak load pricing of many services. Such services as ; electricity, communications, transportation, shared computer facilities, and computer networks (ie. the Internet), either use, or will use form of TOD pricing. The model presented here provides a method for estimating TOD substitution without the need for rate experiments that have proven to be both costly and limited by sample selection bias problems.

Keywords: ELECTRICITY; DEMAND; PRICING (search for similar items in EconPapers)
JEL-codes: C13 C33 D12 D4 L51 L86 L94 Q41 R22 (search for similar items in EconPapers)
Pages: 21 pages
Date: 1996
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Journal Article: Modelling time of day substitution using the second moments of demand (2000)
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