Energy Journal, Vol.19, No.2, 191-215, 1998
Customer retention in a competitive power market: Analysis of a 'double-bounded plus follow-ups' questionnaire
A model is developed and estimated that forecasts the share of an electric utility's customers who would switch to a competitor under various price discounts and service attributes (reliability, renewable power, energy conservation assistance, and customer service.) The method builds upon previous double-bounded dichotomous choice procedures, extended to account for the multi-attribute nature of electric power service.
Keywords:CONTINGENT VALUATION;DICHOTOMOUS CHOICE