@article{db48898591734dff80deb1ca24924b46,
title = "Consumption patterns for electricity",
abstract = "A substantial body of literature in economics has focused on appropriate pricing under conditions in which demand varies through time and the product supplied cannot be stored. However, only limited attention has been paid to modeling or estimating consumer demand under these conditions. This paper deals with these issues in the context of the demand for electricity. A periodic cubic spline formulation is presented which bridges the gap between econometric and pure time series methods of estimating the path of demand through time.",
author = "Wallace Hendricks and Roger Koenker and Robert Podlasek",
note = "Funding Information: *We would like to thank the Commonwealth Edison Company, and in particular Mr. David Scholz and Mr. Robert Andratich, for providing much of the data used in this paper, and Thomas Friedland and Dale Poirier for providing valuable assistance and comments. This research was funded in part by the Institute of Labor and Industrial Relations, University of Illinois, the Illinois Commerce Commission, and AT & T. The conclusions in this paper reflect the views of the authors and do not necessarily represent the position of the Illinois Commerce Commission. A preliminary version of this paper was presented at the UCLA conference {\textquoteleft}Public utilities: Economics and finance{\textquoteright}, August 10-13, 1975. {\textquoteleft}The literature on load forecasting has been recently surveyed by Taylor (1976) from an economic prospective and by Galiana (1976) from an engineering prospective. Copyright: Copyright 2014 Elsevier B.V., All rights reserved.",
year = "1977",
month = mar,
doi = "10.1016/0304-4076(77)90020-3",
language = "English (US)",
volume = "5",
pages = "135--153",
journal = "Journal of Econometrics",
issn = "0304-4076",
publisher = "Elsevier BV",
number = "2",
}