Please use this identifier to cite or link to this item:
http://hdl.handle.net/10174/5085
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| Title: | Estimating the price elasticity of water |
| Authors: | Araújo, A.
Barbeiro, S.
Cavaleiro, M.
Correia, J.
Sequeira, R.
Soares, J. L.
Teodoro, F. |
| Keywords: | Estimate the price elasticity of water
public distribution network
price of water
designing charging regimes
quantifying the impact of non-price factors |
| Issue Date: | Jun-2009 |
| Publisher: | Study Groups with Industry, Mathematics in Industry (http://www.maths-in-industry.org/) |
| Citation: | 69th European Study Group with Industry 2009, Problem 1: AdP - Águas de Portugal (http://www.mat.uc.pt/esgi69/sgroup.html) |
| Abstract: | Setting the price of water on a public distribution network taking into account
only fixed and operational costs might not be sufficient. This is due
to the fact that once prices are raised water demand may decrease, since
consumers will either restrict their water intake or even consider alternative
water suppliers. The problem is how to estimate the price elasticity of water,
that is, the dependence of demand on price, so that this factor can also be
taken into consideration. The idea is to focus on providing estimates of price
and price elasticities for designing charging regimes, quantifying the impact
of non-price factors of discretionary and non-discretionary water usage. This
problem was proposed by AdP - ´Aguas de Portugal. |
| URI: | http://hdl.handle.net/10174/5085 |
| Type: | report |
| Appears in Collections: | CIMA - Relatórios
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