Publication: Estimating end-use demand: A Bayesian approach
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1992-07
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Abstract
Eliminating negative end-use or appliance consumption estimates and incorporating direct metering information into the process of generating these estimates; these are two important aspects, of conditional demand analysis (CDA) that will be the focus of this raper. In both cases a Bayesian approach seems a natural way of proceeding. What needs to be investigated is whether it is also a viable and effective approach. In addition, such a framework naturally lends itself to prediction. Our application involves the estimation of electrical appliance consumptions for a sample of Australian households. This application is designed to illustrate the viability of a full Bayesian analysis of the problem.
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End-use demand, Direct metering, Non-negative estimates, Bayesian conditional demand analysis