Waterson, Michael, 1950-, Waddams, Catherine and Parmar, Michael (2000) Exercising consumer choice : switching gas suppliers in the residential market. Working Paper. Warwick Business School. Centre for Management under Regulation, Coventry.

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Abstract

In 1996 the UK government introduced competition into the UK residential gas market, the first such nation-wide experiment, and the forerunner of similar choice in the electricity market, both in the UK and later elsewhere. We report consumers’ attitudes to and behaviour in switching suppliers based on a representative nation-wide survey at an intermediate stage, when some consumers had a choice of suppliers, and other markets were yet to be opened. We explore their attitudes and choices using an investment model of costs and benefits.

Item Type:	Working or Discussion Paper (Working Paper)
Subjects:	H Social Sciences > HC Economic History and Conditions
Divisions:	Faculty of Social Sciences > Economics
Library of Congress Subject Headings (LCSH):	Energy industries -- Great Britain, Public utilities -- Great Britain, Consumer economics -- Great Britain
Series Name:	Research paper series (Warwick Business School Centre for Management under Regulation)
Publisher:	Warwick Business School. Centre for Management under Regulation
Place of Publication:	Coventry
ISBN:	1369-0450
Date:	March 2000
Number:	No.00/01
Number of Pages:	26
Institution:	University of Warwick
Status:	Not Peer Reviewed
Access rights to Published version:	Open Access
Funder:	Leverhulme Trust (LT)
Grant number:	F215/AX
References:	Baker, Paul, Richard Blundell and John Micklewright, 1989, Modelling Household Energy Expenditures Using Micro-data, Economic Journal, 99, 720-738. Bera, A., Jarque, C and Lee, L.F., 1984 “Testing the Normality assumption in LDV models” International Economic Review, 25, 563-578. Deaton, Angus and Muellbauer, John, 1980, Economics and consumer behaviour, Cambridge: Cambridge University Press, 1980. Department of Trade and Industry, 1998, A Fair Deal for Consumers, March, London Dixit, Avinash and Pindyck, Robert, 1994, Investment Under Uncertainty, Princeton University Press, Princeton NJ. Doble, Michael, 1998, Low Income Consumers in the Competitive Gas Market, Centre for Management under Regulation research paper 98/4, University of Warwick, November. Greene, W., 1997, “Econometric Analysis” Third edition, Prentice Hall International, New Jersey. Hancock, Ruth and Catherine Waddams Price, 1997, The competitive market for residential gas consumers: evidence from the South West of England, Centre for Management under Regulation Research Paper 97/1, University of Warwick, March. Office of Electricity Regulation and Office of Gas Supply, 1999, Social Action Plan: Discussion Document, May. Office of Gas Supply, 1998a, Gas Competition Review, December 1997. Office of Gas Supply, 1998b, Gas Competition Review: August 1998. Office of Gas and Electricity Markets, 1999, Review of British Gas Trading's Domestic Gas Supply Price Regulation, A Consultation Document, June 1999. Waddams Price, Catherine and Matthew Bennett, 1999, New Gas in Old Pipes, Utilities Policy, 8, 1-15. Waddams Price, Catherine and Biermann, Andreas, 1999, “Fuel Poverty in Britain Expenditure on Fuels 1993-94 to 1995-96”, Gas Consumers’ Council, London. Zavoina, R. and Mcelvey, W. 1975, “A Statistical Model for the Analysis of Ordinal Level Dependent Variables”, Journal of Mathematical Sociology, Summer, pp.103-120.
URI:	http://wrap.warwick.ac.uk/id/eprint/20

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