When the agent making an investment decision is different from the one bearing the costs of the usage decision, the outcome (energy usage, in this case) is socially sub-optimal, a scenario known in the energy efficient technology case as "split incentive" effect. Using a sample of individual...

We provide consistent, cross-country estimates of price and income elasticity for 11 OECD countries, using data from a survey conducted by the OECD in 2011. Using data for annual consumption of electricity and sample-derived average electricity price, we provide country specific price elasticity...

Using data from a large, multi-country survey, this paper investigates the determinants of preferences for a completely green residential electricity system. Three important questions are addressed: (i) how much are households willing to pay to use only renewable energy? (ii) does...