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Conservation : From Voluntary Restraint to a Voluntary Price Premium

Kotchen, Matthew - 2007

This paper investigates how concern for the environment translates into predictable patterns of consumer behavior. Two types of behavior are considered. First, individuals who care about environmental quality may voluntarily restrain their consumption of goods and services that generate a...

Persistent link: https://www.econbiz.de/10012464968

How Consumers Respond to Environmental Certification and the Value of Energy Information

Houde, Sébastien - 2014

The ENERGY STAR certification is a voluntary labeling that favors the adoption of energy efficient products. In the US … refrigerator market, I develop a structural demand model and find that consumers respond to certification in different ways. Some …; others appear to pay attention to electricity costs, but not to the certification, and still others appear to be insensitive …

Persistent link: https://www.econbiz.de/10012458645

Are Consumers Poorly Informed about Fuel Economy? Evidence from Two Experiments

Allcott, Hunt - 2017

It is often asserted that consumers are poorly informed about and inattentive to fuel economy, causing them to buy low-fuel economy vehicles despite their own best interest. This paper presents evidence on this assertion through two experiments providing fuel economy information to new vehicle...

Persistent link: https://www.econbiz.de/10012455605

Every Day is Earth Day : Evidence on the Long-term Impact of Environmental Activism

Hungerman, Daniel M. - 2020

We explore the importance of activism in the context of Earth Day. We use variation in weather to study the long-term effects of the original Earth Day on attitudes, environmental outcomes, and children's health. Unusually bad weather in a community on April 22, 1970, is associated 10 to 20...

Persistent link: https://www.econbiz.de/10012481935

Envirodevonomics : A Research Agenda for a Young Field

Greenstone, Michael - 2013

Environmental quality in many developing countries is poor and generates substantial health and productivity costs. However, existing measures of willingness to pay for environmental quality improvements indicate low valuations by affected households. This paper argues that this seeming paradox...

Persistent link: https://www.econbiz.de/10012459234

Valuing ecosystem services in general equilibrium

Carbone, Jared C. - 2010

We explore the consequences of treating the multiple, non-market benefits associated with improvements in ecosystem health and the market economy from which damage to these ecosystems stems as an integrated system. We find that willingness to pay measures of use-based ecosystem services are...

Persistent link: https://www.econbiz.de/10012462808

Accidental Environmentalists? Californian Demand for Teslas and Solar Panels

Delmas, Magali A. - 2014

In the absence of a national carbon tax, household driving and electricity consumption impose social costs. Suburbanites drive more and consume more electricity than center city residents. If more suburbanites purchase electric vehicles (EV) and install solar panels, then their greenhouse gas...

Persistent link: https://www.econbiz.de/10012457912

Differences in How and Why Social Comparison and Real-Time Feedback Impact Resource Use : Evidence from a Field Experiment

Andor, Mark Andreas; Götte, Lorenz; Price, Michael Keith; … - National Bureau of Economic Research - 2023

We compare the behavior and welfare effects of two popular interventions for resource conservation. The first intervention is social comparison reports (SC), which primarily provide consumers with information motivating behavioral change. The second intervention is real-time feedback (RTF),...

Persistent link: https://www.econbiz.de/10014436976

Consumer Demand with Social Influences : Evidence from an E-Commerce Platform

Caoui, El Hadi; Farronato, Chiara; Horton, John J.; … - National Bureau of Economic Research - 2022

For some kinds of goods, rarity itself is valued. "Fashionable'" goods are demanded in part because they are unique. In this paper, we explore the economics of rare goods using auctions of limited-edition shoes held by an e-commerce platform. We model endogenous entry and bidding in multi-unit...

Persistent link: https://www.econbiz.de/10013362005

Does Market Experience Eliminate Market Anomalies? The Case of Exogenous Market Experience

List, John A. - 2011

A vibrant literature has emerged that suggests willingness to pay and willingness to accept measures of value are quite different for inexperienced consumers but that value differences erode with market experience. One potential shortcoming of this literature is that market experience is...

Persistent link: https://www.econbiz.de/10012461749