Consumer Choice and Competition Policy
A Study of UK Energy Markets
Bibliographic Data
| ID | 9717750 |
|---|---|
| Authors | Monica Giulietti (0000-0002-6476-1138, Aston Business School), Catherine Waddams Price (0000-0003-1846-5407, University of East Anglia), Michael Waterson (0000-0003-0363-9267, University of Warwick) |
| Year | 2005 |
| Volume | 115 |
| Issue | 506 |
| Pages | 949-968 |
| Publication date | 2005-10-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Economic Journal (JOURNAL) |
| Journal identifiers | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1111/j.1468-0297.2005.01026.x |
| OpenAlex | W2112655391 |
| Language | EN |
| Citations received | 14 |
| References cited | 16 |
Consumer choice is increasingly recognised as a crucial factor in competition policy. To illustrate the implications of such choice we present an investment model of the switching choice in the UK residential natural gas market and examine responses to a specially commissioned survey of nearly seven hundred consumers, identifying search and switching costs. Through an assessment of the savings which consumers say they require to switch supplier, together with an evaluation of consumer switching behaviour, we deduce that the incumbent retained considerable market power, suggesting that some continued regulation may be necessary. Copyright 2005 Royal Economic Society
Competition (biology · Competition policy · Economic history · Economics · Media studies · Political science · Sociology · Consumer Market Behavior and Pricing · Energy, Environment, and Transportation Policies · Law · Merger and Competition Analysis
Why do consumers not switch? An experimental investigation of a search and switch model
Competition and Demographics in Large Indian Cities
How do healthcare consumers process and evaluate comparative healthcare information? A qualitative study using cognitive interviews
Consumer switching behavior and bundling
Proposta Para Aproveitamento De Resíduos Da Construção Civil Gerados Em Canteiros De Obras
Striking evidence
Households' switching behavior between electricity suppliers in Sweden
Competition and contracts in the Nordic residential electricity markets
Underpinnings of consumer preferences and participation in Japan's liberalized energy market
Public Infrastructure Services in the European Union
State, community and the negotiated construction of energy markets
Non‐Discrimination Clauses in the Retail Energy Sector
Competition and switching in public service markets
Making sense of higher education
| Unique citing works | 14 |
|---|---|
| Citations per year | 0.7 |
| Citation span | 2006 - 2025 (20) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 14 |