Achtnicht M. (2010). Do Environmental Benefits Matter? A Choice Experiment Among House Owners in Germany, FCN Working Paper No. 27/2010, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, December.
Achtnicht M., Madlener R. (2012). Factors Influencing German House Owners Preferences on Energy Retrofits, FCN Working Paper No. 4/2012, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, June.
Achtnicht, M. (2011). Do environmental benefits matter? Evidence from a choice experiment among house owners in Germany, Ecological Economics 70(11), 2191-2200.
Achtnicht, M. and R. Madlener (2012). Factors influencing German house owners preferences on energy retrofits, FCN Working Paper No. 4/2012, Institute for Future Energy Consumer Needs 13 and Behavior, RWTH Aachen University, June (also published as ZEW Mannheim Discussion Paper No. 12-042).
Alfnes, F., A.G. Guttormsen, G. Steine, and K. Kolstad (2006). Consumers willingness to pay for the color of salmon: A choice experiment with real economic incentives. American Journal of Agricultural Economics 88(4), 1050-1061.
Banfi, S., M. Farsi, M. Filippini, and M. Jakob (2008). Willingness to pay for energy-saving measures in residential buildings. Energy Economics 30(2), 503-516.
Bernstein R., Madlener R. (2008). The Impact of Disaggregated ICT Capital on Electricity Intensity of Production: Econometric Analysis of Major European Industries, FCN Working Paper No. 4/2008, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, September.
Bernstein R., Madlener R. (2010). Short- and Long-Run Electricity Demand Elasticities at the Subsectoral Level: A Cointegration Analysis for German Manufacturing Industries, FCN Working Paper No. 19/2010, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, November.
Bernstein R., Madlener R. (2011). Residential Natural Gas Demand Elasticities in OECD Countries: An ARDL Bounds Testing Approach, FCN Working Paper No. 15/2011, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, October.
Bernstein R., Madlener R. (2011). Responsiveness of Residential Electricity Demand in OECD Countries: A Panel Cointegration and Causality Analysis, FCN Working Paper No. 8/2011, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, April.
- Blass N., Madlener R. (2012). Structural Inefficiencies and Benchmarking of Water Supply Companies in Germany, FCN Working Paper No. 13/2012, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, December.
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- Condensing Plants in a Copula-Based Analysis, FCN Working Paper No. 12/2010, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, September.
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Dergiades T., Madlener R., Christofidou G. (2012). The Nexus between Natural Gas Spot and Futures Prices at NYMEX: Do Weather Shocks and Non-Linear Causality in Low Frequencies Matter?, FCN Working Paper No. 17/2012, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, December.
Erber G., Madlener R. (2008). Impact of ICT and Human Skills on the European Financial Intermediation Sector, FCN Working Paper No. 5/2008, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, September.
- FCN Working Papers are free of charge. They can mostly be downloaded in pdf format from the FCN / E.ON ERC Website (www.eonerc.rwth-aachen.de/fcn) and the SSRN Website (www.ssrn.com), respectively. Alternatively, they may also be ordered as hardcopies from Ms Sabine Schill (Phone: +49 (0) 241-80 49820, E-mail: post_fcn@eonerc.rwth-aachen.de), RWTH Aachen University, Institute for Future Energy Consumer Needs and Behavior (FCN), Chair of Energy Economics and Management (Prof. Dr. Reinhard Madlener), Mathieustrasse 10, 52074 Aachen, Germany.
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- Fichter, M. Müller, N. Paech, S. Seuring, and B. Siebenhüner (Eds.), Innovationen für eine nachhaltige Entwicklung, Wiesbaden: Deutscher Universitäts-Verlag, 469-486. Tversky, A. and D. Kahneman (1974). Judgment under uncertainty: heuristics and biases. Science 185(4157), 1124-1131.
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Fuhrmann J., Madlener R. (2012). Evaluation of Synergies in the Context of European Multi-Business Utilities, FCN Working Paper No. 20/2012, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, December.
Gampert M., Madlener R. (2010). Pan-European Management of Electricity Portfolios: Risks and Opportunities of Contract Bundling, FCN Working Paper No. 9/2010, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, August.
Garbuzova M., Madlener R. (2011). Towards an Efficient and Low-Carbon Economy Post-2012: Opportunities and Barriers for Foreign Companies in the Russian Market, FCN Working Paper No. 3/2011, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, February (revised July 2011).
Garbuzova M., Madlener R. (2012). Russia’s Emerging ESCO Market: Prospects and Barriers for Energy Efficiency Investments, FCN Working Paper No. 6/2012, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, July (revised September 2012).
Ghosh G., Carriazo F. (2009). A Comparison of Three Methods of Estimation in the Context of Spatial Modeling, FCN Working Paper No. 9/2009, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, November.
Ghosh G., Kwasnica A., Shortle J. (2010). A Laboratory Experiment to Compare Two Market Institutions for Emissions Trading, FCN Working Paper No. 18/2010, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, November.
Ghosh G., Ribaudo M., Shortle J. (2009). Do Baseline Requirements hinder Trades in Water Quality Trading Programs?, FCN Working Paper No. 11/2009, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, November.
Ghosh G., Shortle J. (2009). Water Quality Trading when Nonpoint Pollution Loads are Stochastic, FCN Working Paper No. 10/2009, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, November.
Ghosh G., Shortle J. (2012). Managing Pollution Risk through Emissions Trading, FCN Working Paper No. 1/2012, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, January.
Glensk B., Madlener R. (2010). Fuzzy Portfolio Optimization for Power Generation Assets, FCN Working Paper No. 10/2010, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, August.
Glensk B., Madlener R. (2011). Dynamic Portfolio Selection Methods for Power Generation Assets, FCN Working Paper No. 16/2011, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, November.
Glensk B., Madlener R. (2011). Portfolio Selection Methods and their Empirical Applicability to Real Assets in Energy Markets. FCN Working Paper No. 11/2011, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, May.
- Hünteler J., Niebuhr C.F., Schmidt T.S., Madlener R., Hoffmann V.H. (2012). Financing Feed-in Tariffs in Developing Countries under a Post-Kyoto Climate Policy Regime: A Case Study of Thailand, FCN Working Paper No. 12/2012, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, December.
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Hampe J., Madlener R. (2012). Economics of High-Temperature Nuclear Reactors for Industrial Cogeneration, FCN Working Paper No. 10/2012, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, October.
- Harmsen - van Hout M.J.W., Dellaert B.G.C., Herings, P.J.-J. (2010). Behavioral Effects in Individual Decisions of Network Formation: Complexity Reduces Payoff Orientation and Social Preferences, FCN Working Paper No. 5/2010, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, May.
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- Harmsen - van Hout M.J.W., Ghosh G.S., Madlener R. (2013). An Evaluation of Attribute Anchoring Bias in a Choice Experimental Setting. FCN Working Paper No. 6/2013, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, April.
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- Harmsen - van Hout M.J.W., Ghosh G.S., Madlener R. (2013). The Impact of Green Framing on Consumers’ Valuations of Energy-Saving Measures. FCN Working Paper No. 7/2013, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, April.
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Harmsen - van Hout M.J.W., Herings P.J.-J., Dellaert B.G.C. (2010). Communication Network Formation with Link Specificity and Value Transferability, FCN Working Paper No. 15/2010, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, November.
Harmsen - van Hout M.J.W., Herings P.J.-J., Dellaert B.G.C. (2010). The Structure of Online Consumer Communication Networks, FCN Working Paper No. 3/2010, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, March.
Harmsen - van Hout, M.J.W., B.G.C. Dellaert, and P.J.-J. Herings (2010). Behavioral effects in individual decisions of network formation: complexity reduces payoff orientation and social preferences, FCN Working Paper No. 5/2010, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, May.
Harmsen - van Hout, M.J.W., G.S. Ghosh, and R. Madlener (2013). An evaluation of attribute anchoring bias in a choice experimental setting. FCN Working Paper No. 6/2013, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, April.
- Harzendorf F., Madlener R. (2012). Optimal Investment in Gas-Fired Engine-CHP Plants in Germany: A Real Options Approach, FCN Working Paper No. 15/2012, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, December.
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- Heuser B., Madlener R. (2011). Geothermal Heat and Power Generation with Binary Plants: A Two-Factor Real Options Analysis, FCN Working Paper No. 21/2011, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, December.
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Hinrichs H., Madlener R., Pearson P. (2010). Liberalisation of Germany’s Electricity System and the Ways Forward of the Unbundling Process: A Historical Perspective and an Outlook, FCN Working Paper No.
Holtermann T., Madlener R. (2009). Assessment of the Technological Development and Economic Potential of Photobioreactors, FCN Working Paper No. 8/2009, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, November.
Juckenack S., Madlener R. (2011). Optimal Time to Start Serial Production: The Case of the Direct Drive Wind Turbine of Siemens Wind Power A/S, FCN Working Paper No. 6/2011, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, March.
Knaut A., Madlener R., Rosen C., Vogt C. (2012). Effects of Temperature Uncertainty on the Valuation of Geothermal Projects: A Real Options Approach, FCN Working Paper No. 11/2012, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, November.
Kraas B., Schroedter-Homscheidt M., Pulvermüller B., Madlener R. (2011). Economic Assessment of a Concentrating Solar Power Forecasting System for Participation in the Spanish Electricity Market, FCN Working Paper No. 12/2011, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, May.
Kraemer C., Madlener R. (2009). Using Fuzzy Real Options Valuation for Assessing Investments in NGCC and CCS Energy Conversion Technology, FCN Working Paper No. 3/2009, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, November.
Kroniger D., Madlener R. (2013). Hydrogen Storage for Wind Parks: A Real Options Evaluation for an Optimal Investment in More Flexibility, FCN Working Paper No. 3/2013, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, February.
KumbaroÄŸlu G., Madlener R. (2011). Evaluation of Economically Optimal Retrofit Investment Options for Energy Savings in Buildings. FCN Working Paper No. 14/2011, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, September.
Lang J., Madlener R. (2010). Portfolio Optimization for Power Plants: The Impact of Credit Risk Mitigation and Margining, FCN Working Paper No. 11/2010, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, September.
Lang J., Madlener R. (2010). Relevance of Risk Capital and Margining for the Valuation of Power Plants: Cash Requirements for Credit Risk Mitigation, FCN Working Paper No. 1/2010, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, February.
List of FCN Working Papers 2013 Grieser B., Madlener R., Sunak Y. (2013). Economics of Small Wind Power Plants in Urban Settings: An Empirical Investigation for Germany, FCN Working Paper No. 1/2013, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, January.
Lohwasser R., Madlener R. (2009). Impact of CCS on the Economics of Coal-Fired Power Plants – Why Investment Costs Do and Efficiency Doesn’t Matter, FCN Working Paper No. 7/2009, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, November.
Lohwasser R., Madlener R. (2009). Simulation of the European Electricity Market and CCS Development with the HECTOR Model, FCN Working Paper No. 6/2009, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, November.
Madlener R., Glensk B. (2010). Portfolio Impact of New Power Generation Investments of E.ON in Germany, Sweden and the UK, FCN Working Paper No. 17/2010, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, November.
Madlener R., Glensk B., Raymond P. (2009). Investigation of E.ON’s Power Generation Assets by Using MeanVariance Portfolio Analysis, FCN Working Paper No. 12/2009, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, November.
Madlener R., Glensk B., Weber V. (2011). Fuzzy Portfolio Optimization of Onshore Wind Power Plants. FCN Working Paper No. 10/2011, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, May.
Madlener R., Hauertmann M. (2011). Rebound Effects in German Residential Heating: Do Ownership and Income Matter?, FCN Working Paper No. 2/2011, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, February.
- Madlener R., Ortlieb C. (2012). An Investigation of the Economic Viability of Wave Energy Technology: The Case of the Ocean Harvester, FCN Working Paper No. 9/2012, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, October.
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Madlener R., Ruschhaupt J. (2011). Modeling the Influence of Network Externalities and Quality on Market Shares of Plug-in Hybrid Vehicles, FCN Working Paper No. 5/2011, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, March.
- Madlener R., Schabram J. (2012). Predicting Reserve Energy from New Renewables by Means of Principal Component Analysis and Copula Functions, FCN Working Paper No. 14/2012, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, December.
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Madlener R., Sicking S. (2011). Assessing the Economic Potential of Microdrilling in Geothermal Exploration, FCN Working Paper No. 7/2011, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, April.
Madlener R., Specht J.M. (2013). An Exploratory Economic Analysis of Underground Pumped-Storage Hydro Power Plants in Abandoned Coal Mines, FCN Working Paper No. 2/2013, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, February.
Madlener R., Tomm V. (2010). Electricity Consumption of an Ageing Society: Empirical Evidence from a Swiss Household Survey, FCN Working Paper No. 24/2010, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, December.
Madlener R., Wenk C. (2008). Efficient Investment Portfolios for the Swiss Electricity Supply Sector, FCN Working Paper No. 2/2008, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, August.
- Madlener, R., M.J.W. Harmsen - van Hout, C. Rosen, and G.S. Ghosh (2013). Understanding energy consumer behavior through economic AIXperiments. E.ON Energy Research Center Series 5(1), March (ISSN: 1868-7415).
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Mazur C., Madlener R. (2010). Impact of Plug-in Hybrid Electric Vehicles and Charging Regimes on Power Generation Costs and Emissions in Germany, FCN Working Paper No. 20/2010, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, November.
Melchior T., Madlener R. (2010). Economic Evaluation of IGCC Plants with Hot Gas Cleaning, FCN Working Paper No. 22/2010, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, December.
Michelsen C.C., Madlener R. (2010). Integrated Theoretical Framework for a Homeowner’s Decision in Favor of an Innovative Residential Heating System, FCN Working Paper No. 2/2010, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, February.
Oberst C.A., Oelgemöller J. (2013). Economic Growth and Regional Labor Market Development in German Regions: Okun’s Law in a Spatial Context, FCN Working Paper No. 5/2013, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, March.
Omann I., Kowalski K., Bohunovsky L., Madlener R., Stagl S. (2008). The Influence of Social Preferences on Multi-Criteria Evaluation of Energy Scenarios, FCN Working Paper No. 3/2008, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, August.
Paulun T., Feess E., Madlener R. (2010). Why Higher Price Sensitivity of Consumers May Increase Average Prices: An Analysis of the European Electricity Market, FCN Working Paper No. 16/2010, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, November.
- Petersen C., Madlener R. (2013). The Impact of Distributed Generation from Renewables on the Valuation and Marketing of Coal-Fired and IGCC Power Plants, FCN Working Paper No. 4/2013, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, February.
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- Razlaf J., Madlener R. (2011). Performance Measurement of CCS Power Plants Using the Capital Asset Pricing Model, FCN Working Paper No. 18/2011, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, November.
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Rohlfs W., Madlener R. (2010). Cost Effectiveness of Carbon Capture-Ready Coal Power Plants with Delayed Retrofit, FCN Working Paper No. 8/2010, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, August (revised December 2010).
Rohlfs W., Madlener R. (2010). Valuation of CCS-Ready Coal-Fired Power Plants: A Multi-Dimensional Real Options Approach, FCN Working Paper No. 7/2010, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, July.
Rohlfs W., Madlener R. (2012). Assessment of Clean-Coal Strategies: The Questionable Merits of Carbon Capture-Readiness, FCN Working Paper No. 18/2012, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, December.
Rosen C., Madlener R. (2012). Auction Design for Local Reserve Energy Markets, FCN Working Paper No.
- Sammer, K. and R. Wüstenhagen (2006). Der Einfluss von Öko-Labelling auf das Konsumentenverhalten – ein Discrete Choice Experiment zum Kauf von Glühlampen. In: R. Pfriem, R. Antes, K.
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- Schabram J., Madlener R. (2012). The German Market Premium for Renewable Electricity: Profitability and Risk of Self-Marketing, FCN Working Paper No. 5/2012, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, July.
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Schmitz M., Madlener R. (2012). Economic Feasibility of Kite-Based Wind Energy Powerships with CAES or Hydrogen Storage, FCN Working Paper No. 16/2012, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, December.
Sorda G., Madlener R. (2012). Cost-Effectiveness of Lignocellulose Biorefineries and their Impact on the Deciduous Wood Markets in Germany. FCN Working Paper No. 8/2012, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, September.
Stocker A., Großmann A., Madlener R., Wolter M.I., (2011). Sustainable Energy Development in Austria Until 2020: Insights from Applying the Integrated Model “e3.atâ€, FCN Working Paper No. 13/2011, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, July.
Tomm V., Madlener R. (2010). Appliance Endowment and User Behaviour by Age Group: Insights from a Swiss Micro-Survey on Residential Electricity Demand, FCN Working Paper No. 25/2010, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, December.
- Tversky, A. and D. Kahneman (1981). The framing of decisions and the psychology of choice. Science 211(4481), 453-458.
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Wüstemeyer C., Bunn D., Madlener R. (2012). Bridging the Gap between Onshore and Offshore Innovations by the European Wind Power Supply Industry: A Survey-based Analysis, FCN Working Paper No. 19/2012, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, December.
Westner G., Madlener R. (2010). Investment in New Power Generation Under Uncertainty: Benefits of CHP vs.
Westner G., Madlener R. (2011). The Impact of Modified EU ETS Allocation Principles on the Economics of CHPBased District Heating Networks. FCN Working Paper No. 4/2011, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, February.