Variable elasticity models for electricity demand |
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| Authors: | W.A. Donnelly M. Diesendorf |
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| Affiliation: | Centre for Resource and Environmental Studies, The Australian National University, PO Box 4, Canberra, ACT 2600, Australia |
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| Abstract: | It is demonstrated analytically that the demand models as specified by Betancourt do not yield ‘unitless’ measures of elasticity. A simple transformation is suggested and the results are compared with other variable price elasticity demand models. |
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| Keywords: | Elasticities Demand models Electricity |
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