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Teaching Price Elasticity of Demand and Marginal Analysis using Household Water Pricing

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  • Edwards, Eric
  • Sutherland, Sara A.
  • Thayer, Anastasia W.

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  • Edwards, Eric & Sutherland, Sara A. & Thayer, Anastasia W., 2023. "Teaching Price Elasticity of Demand and Marginal Analysis using Household Water Pricing," Applied Economics Teaching Resources (AETR), Agricultural and Applied Economics Association, vol. 5(3), September.
    • Handle: RePEc:ags:aaeatr:338390
    DOI: 10.22004/ag.econ.338390
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    References listed on IDEAS

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    1. Wichman, Casey J. & Taylor, Laura O. & von Haefen, Roger H., 2016. "Conservation policies: Who responds to price and who responds to prescription?," Journal of Environmental Economics and Management, Elsevier, vol. 79(C), pages 114-134.
    2. Arik Levinson & Emilson Silva, 2022. "The Electric Gini: Income Redistribution through Energy Prices," American Economic Journal: Economic Policy, American Economic Association, vol. 14(2), pages 341-365, May.
    3. R Quentin Grafton & Long Chu & Paul Wyrwoll, 2020. "The paradox of water pricing: dichotomies, dilemmas, and decisions," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 36(1), pages 86-107.
    4. Mansur, Erin T. & Olmstead, Sheila M., 2012. "The value of scarce water: Measuring the inefficiency of municipal regulations," Journal of Urban Economics, Elsevier, vol. 71(3), pages 332-346.
    5. Smith, Steven M., 2022. "The effects of individualized water rates on use and equity," Journal of Environmental Economics and Management, Elsevier, vol. 114(C).
    6. Jasper M. Dalhuisen & Raymond J. G. M. Florax & JHenri L. F. de Groot & Peter Nijkamp, 2003. "Price and Income Elasticities of Residential Water Demand: A Meta-Analysis," Land Economics, University of Wisconsin Press, vol. 79(2), pages 292-308.
    7. Katrina Jessoe & David Rapson, 2014. "Knowledge Is (Less) Power: Experimental Evidence from Residential Energy Use," American Economic Review, American Economic Association, vol. 104(4), pages 1417-1438, April.
    8. Severin Borenstein, 2012. "The Redistributional Impact of Nonlinear Electricity Pricing," American Economic Journal: Economic Policy, American Economic Association, vol. 4(3), pages 56-90, August.
    9. Ellen M. Bruno & Katrina Jessoe, 2021. "Using Price Elasticities of Water Demand to Inform Policy," Annual Review of Resource Economics, Annual Reviews, vol. 13(1), pages 427-441, October.
    10. Kenneth A. Baerenklau & Kurt A. Schwabe & Ariel Dinar, 2014. "The Residential Water Demand Effect of Increasing Block Rate Water Budgets," Land Economics, University of Wisconsin Press, vol. 90(4), pages 683-699.
    11. Sheila M. Olmstead, 2004. "Thirsty Colonias: Rate Regulation and the Provision of Water Service," Land Economics, University of Wisconsin Press, vol. 80(1), pages 136-150.
    12. Wichman, Casey J., 2014. "Perceived price in residential water demand: Evidence from a natural experiment," Journal of Economic Behavior & Organization, Elsevier, vol. 107(PA), pages 308-323.
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    Cited by:

    1. Dinar, Ariel & Nemati, Mehdi, 2023. "Contemporary Adjustments Needed to Teaching Water Economics in Light of Challenges Facing the Water Sector and Its Users," Applied Economics Teaching Resources (AETR), Agricultural and Applied Economics Association, vol. 5(3), September.

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