Consequentiality and the Willingness-To-Pay for Renewables: Evidence from Germany

@inproceedings{Andor2017ConsequentialityAT,
  title={Consequentiality and the Willingness-To-Pay for Renewables: Evidence from Germany},
  author={Mark A. Andor and Manuel Frondel and Marco Horvath},
  year={2017}
}
Based on hypothetical responses originating from a large-scale survey among about 7,000 German households, this study investigates the discrepancy in willingnessto pay (WTP) estimates for green electricity across discrete-choice and open-ended valuation formats, thereby accounting for perceived consequentiality: respondents selfselect into two groups distinguished by their belief in the consequentiality of their answers for policy making. Recognizing that consequentiality status and WTP might… CONTINUE READING

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