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participation information, to study the uptake of energy efficiency incentives and their effect on residential electricity … in our study area - four counties in Maryland - and were covered by federal, state and utility incentives during our … reduction in electricity usage. Those that do not receive incentives reduce usage by about 16%. Our results appear to be driven …
Persistent link: https://www.econbiz.de/10010189312
Time-of-use (TOU) pricing for electricity is an effective means to allocate electricity, though regulators are increasingly employing non-market strategies to provide information and induce conservation. We evaluate a large-scale field trial in which households facing TOU pricing were given an...
Persistent link: https://www.econbiz.de/10013010210
Persistent link: https://www.econbiz.de/10011443633
Firms and governments often use moral suasion and economic incentives to influence intrinsic and extrinsic motivations … level by a sufficient time interval between interventions. Economic incentives induce larger treatment effects, little … habituation, and significant habit formation. Our results suggest moral suasion and economic incentives produce substantially …
Persistent link: https://www.econbiz.de/10012926746
We evaluate the effectiveness of energy efficiency labeling in guiding household appliance choice decisions. Using a carefully designed choice experiment with several alternative labeling treatments, we disentangle the relative importance of different types of information and intertemporal...
Persistent link: https://www.econbiz.de/10014155813
We use an experiment to test whether consumers optimally acquire information on energy costs in appliance markets where, like many contexts, consumers are poorly informed and make mistakes despite freely available information. To test for optimal information acquisition we compare the average...
Persistent link: https://www.econbiz.de/10014358835
We use an experiment to test whether consumers optimally acquire information on energy costs in appliance markets where, like many contexts, consumers are poorly informed and make mistakes despite freely-available information. We find consumers acquire information suboptimally; there is little...
Persistent link: https://www.econbiz.de/10014372499
In this paper we study the demand for car kilometres in two-car households, focusing on the substitution between cars in response to fuel price changes. We use a large sample of detailed Danish data on two-car households to estimate -- for each car owned by the household -- own and cross-price...
Persistent link: https://www.econbiz.de/10010224824
This study examines attention effects in the market for hybrid vehicles. We show that local media coverage, gasoline price changes and unprecedented record gasoline prices have a significant causal impact on the consumers' attention. As attention is not directly observable, we analyze online...
Persistent link: https://www.econbiz.de/10009743583
Improvements in energy efficiency are increasingly seen as a key strategy to reduce energy consumption in the domestic sector. Yet, concerns are mounting that households rebound, meaning that they adapt to efficiency gains by increasing their demand, as efficiency improvements reduce relative...
Persistent link: https://www.econbiz.de/10011494878