International Journal of Energy and Power Engineering

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Subjective Well-being Effects for Electric Power Universal Service Recipients in China from a Culture Poverty Perspective

Received: 20 December 2014    Accepted: 28 January 2015    Published: 03 February 2015
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Abstract

Lack of cultural knowledge, poor livelihood and inappropriate value orientation of electric power universal service recipient groups basically influence their electricity consumption habit in china. In order to assess the effect of power universal service distribution and measure the welfare of recipient groups, this paper researches individual electricity consumption mentality and behavior through behavioral economics theory, establishes a subjective welfare function tracing recipient individual based on cumulative prospect theory , constructs the recipient groups’ subjective welfare function following the traditional social welfare function and researches the influence of the changes of psychological reference points. Through example analysis combined with function feasibility, this paper proves the subjective well-being effect of recipient groups declines when the psychological reference point increases.

DOI 10.11648/j.ijepe.20150401.15
Published in International Journal of Energy and Power Engineering (Volume 4, Issue 1, February 2015)
Page(s) 32-38
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Electric Power Universal Service, Consumer Psychology, Subjective Well-Being, Cumulative Prospect Theory

References
[1] Zhao Zhijun. Optimization of Income Distribution and Social Welfare Function [J]. The Journal of Quantitative & Technical Economics, 2011, 09: 61-74.
[2] Ou Yangkui. Comprehensive Measure of Economic Growth and Inequality Satisfaction Entropy and Social Welfare [J]. Modern Economic Science, 2010, 05:13-22+124.
[3] Meng Qingchun, Wang Jianmin. A Research on Social Welfare Maximization and Resource Expenditure Minimization Considering the Money Metric Social Welfare Function [J]. Chinese Journal of Management Science, 2001, 06:22-26.
[4] Yang Aiting, Song Deyong. The Measurement of Chinese Social Welfare and the Analysis of Low-welfare Growth [J]. The Journal of Quantitative & Technical Economics, 2012, 11:3-17+148.
[5] Holger Schlör. Measuring social welfare, energy and inequality in Germany [J]. Applied Energy, 2012, 97:135-142.
[6] Marcus Pivato. Social welfare with incomplete ordinal interpersonal comparisons [J]. Journal of Mathematical Economics, 2013, 49:405-417.
[7] Koen, Rutten. Social Welfare in China: The role of equity in the transition from egalitarianism to capitalis [EB/OL]. http://hdl.handle.net/10398/8018 , 2010-03-04
[8] Rolf Aaberge, Magne Mogstad, Vito Peragine. Measuring long-term inequality of opportunity [J].Journal of Public Economics.2011,95:193–204
[9] Li Xiaojing. Analysis for Chinese Consumers Behavior from the Perspective of Behavioral Economics [D]. Hebei University of Economics and Business, 2012.
[10] Zhao Guoqin. Study on Consumption-Savings and Retirement Based-on Prospect Theory [D]. Tianjin University, 2008.
[11] Sun Yan,Jiang Ling. Study on Psychological Factors on the Influence of Urban Energy Consumption behavior[J]. Consumer Economics, 2013, 03: 77-79+95.
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Author Information
  • School of Economics and Management, North China Electric Power University, Beijing, China

  • School of Economics and Management, North China Electric Power University, Beijing, China

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  • APA Style

    Hui-ru Zhao, Hui-juan Huo. (2015). Subjective Well-being Effects for Electric Power Universal Service Recipients in China from a Culture Poverty Perspective. International Journal of Energy and Power Engineering, 4(1), 32-38. https://doi.org/10.11648/j.ijepe.20150401.15

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    ACS Style

    Hui-ru Zhao; Hui-juan Huo. Subjective Well-being Effects for Electric Power Universal Service Recipients in China from a Culture Poverty Perspective. Int. J. Energy Power Eng. 2015, 4(1), 32-38. doi: 10.11648/j.ijepe.20150401.15

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    AMA Style

    Hui-ru Zhao, Hui-juan Huo. Subjective Well-being Effects for Electric Power Universal Service Recipients in China from a Culture Poverty Perspective. Int J Energy Power Eng. 2015;4(1):32-38. doi: 10.11648/j.ijepe.20150401.15

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  • @article{10.11648/j.ijepe.20150401.15,
      author = {Hui-ru Zhao and Hui-juan Huo},
      title = {Subjective Well-being Effects for Electric Power Universal Service Recipients in China from a Culture Poverty Perspective},
      journal = {International Journal of Energy and Power Engineering},
      volume = {4},
      number = {1},
      pages = {32-38},
      doi = {10.11648/j.ijepe.20150401.15},
      url = {https://doi.org/10.11648/j.ijepe.20150401.15},
      eprint = {https://download.sciencepg.com/pdf/10.11648.j.ijepe.20150401.15},
      abstract = {Lack of cultural knowledge, poor livelihood and inappropriate value orientation of electric power universal service recipient groups basically influence their electricity consumption habit in china. In order to assess the effect of power universal service distribution and measure the welfare of recipient groups, this paper researches individual electricity consumption mentality and behavior through behavioral economics theory, establishes a subjective welfare function tracing recipient individual based on cumulative prospect theory , constructs the recipient groups’ subjective welfare function following the traditional social welfare function and researches the influence of the changes of psychological reference points. Through example analysis combined with function feasibility, this paper proves the subjective well-being effect of recipient groups declines when the psychological reference point increases.},
     year = {2015}
    }
    

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    T1  - Subjective Well-being Effects for Electric Power Universal Service Recipients in China from a Culture Poverty Perspective
    AU  - Hui-ru Zhao
    AU  - Hui-juan Huo
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    T2  - International Journal of Energy and Power Engineering
    JF  - International Journal of Energy and Power Engineering
    JO  - International Journal of Energy and Power Engineering
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    PB  - Science Publishing Group
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    UR  - https://doi.org/10.11648/j.ijepe.20150401.15
    AB  - Lack of cultural knowledge, poor livelihood and inappropriate value orientation of electric power universal service recipient groups basically influence their electricity consumption habit in china. In order to assess the effect of power universal service distribution and measure the welfare of recipient groups, this paper researches individual electricity consumption mentality and behavior through behavioral economics theory, establishes a subjective welfare function tracing recipient individual based on cumulative prospect theory , constructs the recipient groups’ subjective welfare function following the traditional social welfare function and researches the influence of the changes of psychological reference points. Through example analysis combined with function feasibility, this paper proves the subjective well-being effect of recipient groups declines when the psychological reference point increases.
    VL  - 4
    IS  - 1
    ER  - 

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