Understanding Reference-Dependent Behaviors in Determining Electricity Consumption of Korean Households: Empirical Evidence and Policy Implications
This paper examines whether reference-dependent preferences play a role in determining household electricity consumption in the Korean context. To do so, we first establish six variables of reference costs based on monthly electricity billing information of the 1040 Korean household survey dataset a...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2025-05-01
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| Series: | Energies |
| Subjects: | |
| Online Access: | https://www.mdpi.com/1996-1073/18/11/2686 |
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