Energy Policy, Vol.35, No.11, 5953-5957, 2007
Loss aversion and price Volatility and preference for variable price as determinants of attitude towards in the Swedish electricity market
The results of a survey of a random sample of 488 Swedish residents showed that a positive attitude towards and preference for a variable price agreement with the incumbent electricity supplier was negatively affected by loss aversion, and a positive attitude also negatively affected by beliefs about price volatility. Although correlated with attitude and preference, age, education, and current choice of a variable price agreement had no independent effects. Income and current electricity costs had no effects. (C) 2007 Elsevier Ltd. All rights reserved.