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CONJOINT ANALYSIS (7) answer(s).
 
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ID:   109336


Analyzing policy support instruments and regulatory risk factor: a developers' perspective / Luthi, Sonja; Prassler, Thomas   Journal Article
Luthi, Sonja Journal Article
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Publication 2011.
Summary/Abstract A transition to a renewable energy system is high on the policy agenda in many countries. A promising energy source for a low-carbon energy future is wind. Policy-makers can attract wind energy development by providing attractive policy frameworks. This paper argues that apart from the level of financial support, both the risks stemming from the regulatory environment (legal security, administrative process and grid access) and the ability to finance projects play a critical role in determining the attractiveness of the development environment. It sheds light on how project developers trade off these different aspects and to what extent the attractiveness of a certain policy framework increases with the introduction of specific measures. Conjoint analysis is employed to provide empirical evidence on the preference of wind energy developers in the EU and the US. The analysis shows that developers' preferences are very similar across the studied regions and for different types of developers. Which policy measures could be most valuable depends on the specific existing environment. In some southeastern European countries, a reduction of administrative process duration may yield the highest utility gains, whereas, in the US, improvements in grid access regulation and an increase in remuneration levels may be more effective.
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2
ID:   187391


Citizens and Peace Mediations in Divided Societies: Identifying Zones of Agreement through a Conjoint Survey Experiment / Loizides, Neophytos; Psaltis, Charis   Journal Article
Loizides, Neophytos Journal Article
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Summary/Abstract How can areas of potential agreement be identified and endorsed by citizens in protracted conflicts? In an effort to answer this question, the article introduces a conjoint experiment across the ethnically and territorially split communities of Cyprus and tests a range of hypotheses about the structure of public opinion with respect to a future settlement. We test hypotheses on security and credible commitments, the legacy of past negotiations, as well as transitional justice mechanisms following United Nations plans to mediate the conflict between Greek and Turkish Cypriots. Contrary to conventional wisdom, we demonstrate that a zone of possible agreement (ZOPA) exists from a public opinion perspective. We specifically explore power-sharing in the context of security, provisions for the internally displaced, federal courts, and territorial readjustments and highlight their relative importance for public opinion interventions across conflict-ridden societies.
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3
ID:   162276


Combining “carrot and stick” to incentivize sustainability in households / Mahmoodi, Jasmin   Journal Article
Mahmoodi, Jasmin Journal Article
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Summary/Abstract Electrical utilities are a main stakeholder for achieving sustainable policy goals. Effective tariff designs that incentivize electricity savings among consumers can contribute to fulfilling these goals. Prior research suggests that penalties are more effective in promoting behavior change, which can be explained by insights from behavioral economics: Loss aversion describes that people react more strongly to losses (penalties) than to rewards of the same magnitude and go greater lengths to avoid them. However, in markets where consumers freely choose their preferred tariff, it remains a major challenge to persuade consumers to voluntarily subscribe to penalizing tariffs. The present study employed a choice experiment using choice-based conjoint analysis to examine consumer preferences for electricity tariffs that apply a combination of rewards and/or penalties for electricity consumption. Results from a representative sample of Swiss electricity consumers show that consumers prefer tariffs that reward decreases in electricity consumption, rather than tariffs that penalize increases in consumption, but that tariffs combining rewards and penalties achieve substantial potential market acceptance. Direct tariff attractiveness ratings additionally support these findings showing that consumers perceive combined Bonus-Malus tariffs as sufficiently attractive. Future research avenues and implications for marketing strategies and energy policies are discussed.
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4
ID:   186810


Commitment to the “national” in post-conflict countries: public and private security provision in Lebanon / Cammett, Melani; Parreira, Christiana ; Atallah, Sami   Journal Article
Cammett, Melani Journal Article
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Summary/Abstract A core function of contemporary states is to ensure the security of their citizens. Yet in many post-conflict settings, non-state actors provide security alongside the state, typically prioritizing their own ascriptive groups and potentially undercutting a sense of national political community. When do citizens prefer group-specific versus national security? While most studies focus on individual psychological factors, we argue that group-level characteristics also shape political preferences. Based on a conjoint experiment in Lebanon, we explore the relative appeal of group-specific versus national pledges to assure protection. We find that respondents view national security provision quite positively, while members of communities with stronger group-specific security simultaneously favor private provision. Individuals with closer ties to credible group security providers are also more likely to prefer those services. Citizens therefore do not see a clear trade-off between private and public protection, while group-specific legacies mediate heterogeneity in support for pluralist security provision.
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5
ID:   176648


Configuration of a smart meter for Brazilian customers / Fettermann, Diego Castro   Journal Article
Fettermann, Diego Castro Journal Article
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Summary/Abstract The incorporation of the Internet of Things (IoT) technologies enables products with new features, thus turning them into “smart products.” One of the opportunities presented by the literature for these applications is the development of household smart meters. In spite of this, few studies in this area seek to understand the most appropriate configurations of smart meters to meet customer needs. With this in mind, the objective of this work is to identify the most appropriate configuration for a smart household meter for electricity, water, and gas consumption, which adds value for a different household customer. Therefore, a market research based on Conjoint Analysis Based on Choice was carried out. The survey presents a sample of 202 respondents restricted to the metropolitan area of Florianópolis, in southern Brazil. The results indicate the relevance given by sample consumers to energy and water control, but no significant interest in controlling gas consumption. Consumers are also interested in using the mobile application to access information and tips on the consumption of monitored resources. Moreover, respondents in this region are less price sensitive. However, women and consumers of cheaper real estate are more willing to pay a higher price for a smart meter.
Key Words Energy  Water  Gas  Electricity  Conjoint Analysis  Internet of Things 
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6
ID:   117289


Exploring the link between products and services in low-income markets—evidence from solar home systems / Friebe, Christian A; Flotow, Paschen von; Taube, Florian A   Journal Article
Friebe, Christian A Journal Article
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Publication 2013.
Summary/Abstract One of the key challenges of energy access in emerging markets and developing countries is how to reach households and communities that are unlikely to get a grid connection in the long term or those that are connected to the grid but suffer from regular blackouts or low voltage. By surveying entrepreneurs selling Solar Home Systems (SHSs) on a commercial basis in emerging and developing countries, this study is one of the first attempts to quantify the key elements of four potential Product Service Systems (PSSs): Cash, Credit, Leasing and Fee-for-Service. Whereas the Fee-for-Service approach was found to be suitable only under certain conditions, all PSSs share two key elements for successful market deployment: one or more years of maintenance, and customer support in financing these customers' new asset. Moreover, it appears that private sector companies are in principle able to deliver SHSs to households with incomes greater than USD 1000 per year. The implications for policy makers and development aid agencies are, first, to include maintenance services into public programmes or public-private partnerships and, second, to explicitly consider financial risks for entrepreneurs (e.g., customer commitment and repayment conditions).
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7
ID:   179669


Which consumer attributes will act crucial roles for the fast market adoption of electric vehicles?: Estimation on the asymmetrical & heterogeneous consumer preferences on the EVs / Jang, Sungsoon; Choi, Jae Young   Journal Article
Jang, Sungsoon Journal Article
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Summary/Abstract Electric vehicles are currently gaining more attention in terms of mitigating the causes of climate change. Therefore, automakers as well as many governments have fostered EV adoption by policy incentives and new R&D strategies. However, the EV adoption rate remains low despite those efforts due to their relatively high prices, technical limitations, and low charging infrastructure availability compared to internal combustion engine vehicles. In this study, we analyzed consumer preferences on the attributes of EVs and conventional ICEVs. For the data collection, we conducted 350 face-to-face discrete choice surveys of residents of metropolitan areas in Korea, administered by Gallup Korea utilizing conjoint surveys. We utilized a mixed logit model and estimated the consumer preferences of EV attributes, including incorporating reference points to verify the prospect theory empirically. We also conducted market share simulations by differentiating the attribute levels considering the RP dependence to predict future EV market shares. The model found that fuel economy, purchase price, distance to charging station, driving range, charging time, and autonomous driving were all statistically significant. Additionally, we confirmed that the respondents had an asymmetrical preference for the purchase price in EV adoption by considering their previous vehicle purchase experience as an RP.
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