Authors: | Andor, Mark A. Frondel, Manuel Vance, Colin |
Title: | Germany’s Energiewende: A tale of increasing costs and decreasing willingness-to-pay |
Language (ISO): | en |
Abstract: | This paper presents evidence that the accumulating costs of Germany’s ambitious plan to transform its system of energy provision – the so-called Energiewende – are butting up against consumers’ decreased willingness-to-pay (WTP) for it. Following a descriptive presentation that traces the German promotion of renewable energy technologies since 2000, we draw on two stated-preference surveys conducted in 2013 and 2015 that elicit the households’ WTP for green electricity. To deal with the bias that typifies hypothetical responses, a switching regression model is estimated that distinguishes respondents according to whether they express definite certainty in their reported WTP. Our results reveal a strong contrast between the households’ general acceptance of supporting renewable energy technologies and their own WTP for green electricity. |
Subject Headings: | willingness-to-pay consequential script cheap talk |
URI: | http://hdl.handle.net/2003/35123 http://dx.doi.org/10.17877/DE290R-17170 |
Issue Date: | 2016 |
Appears in Collections: | Sonderforschungsbereich (SFB) 823 |
Files in This Item:
File | Description | Size | Format | |
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DP_3116_SFB823_Andor_Frondel_Vance.pdf | DNB | 258.82 kB | Adobe PDF | View/Open |
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