Evaluating Residential Consumers’ Willingness to Pay to Avoid Power Outages in South Korea

South Korea experienced a nationwide rolling blackout in 2011 due to a rapid increase in the power demand and a lack of power supply facilities. In particular, the residential sector suffered from considerable inconveniences due to power outages, such as the interruption of elevators’ oper...

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Bibliographic Details
Main Authors: Ju-Hee Kim, Kyung-Kyu Lim, Seung-Hoon Yoo
Format: Article
Published: MDPI AG 2019-02-01
Online Access:https://www.mdpi.com/2071-1050/11/5/1258