Narrow search
Showing 1 - 10 of 1,130
Cover Image
Power to Choose? An Analysis of Consumer Inertia in the Residential Electricity Market
Hortaçsu, Ali - 2015
residential electricity market, we document evidence of consumer inertia. We estimate an econometric model of retail choice to …
Persistent link: https://www.econbiz.de/10012457678
Cover Image
The Short-Run and Long-Run Effects of Behavioral Interventions : Experimental Evidence from Energy Conservation
Allcott, Hunt - 2012
We document three remarkable features of the Opower program, in which social comparison- based home energy reports are …
Persistent link: https://www.econbiz.de/10012460168
Cover Image
To Go Electric or To Burn Coal? A Randomized Field Experiment of Informational Nudges
Fang, Hanming; Li, King King; Shen, Peiyao - National Bureau of Economic Research - 2023
electricity expenses; a Health SMS campaign, aimed at addressing the underestimation of health damage associated with coal heating … salience bias induced by the Cost SMS, which drew heightened attention to the cost of electricity. The Health SMS is …
Persistent link: https://www.econbiz.de/10014436972
Cover Image
Estimating the Customer-Level Demand for Electricity Under Real-Time Market Prices
Patrick, Robert H. - 2001
purchasing electricity according to the half-hourly energy prices from the England and Wales (E&W) electricity market. These …This paper presents estimates of the customer-level demand for electricity by industrial and commercial customers … customers also face the possibility of a demand charge on their electricity consumption during the three half-hour periods that …
Persistent link: https://www.econbiz.de/10012470511
Cover Image
Who Are the Hand-to-Mouth?
Aguiar, Mark A. - 2020
Many households hold little wealth, especially liquid wealth. In precautionary savings models, absent preference heterogeneity, these households should display not only higher marginal propensities to consume (MPCs), but also lower average propensities to consume (APCs) and higher future...
Persistent link: https://www.econbiz.de/10012479167
Cover Image
The Rise of Niche Consumption
Neiman, Brent - 2019
Over the last 15 years, the typical household has increasingly concentrated its spending on a few preferred products. However, this is not driven by "superstar" products capturing larger market shares. Instead, households increasingly purchase different products from each other. As a result,...
Persistent link: https://www.econbiz.de/10012480080
Cover Image
Barbarians at the Store? Private Equity, Products, and Consumers
Fracassi, Cesare - 2020
We investigate the effects of private equity on product markets using price and sales data for an extensive number of consumer products. Following a buyout, target firms increase sales 50% more than matched control firms. Price increases--roughly 1% on existing products--do not drive this...
Persistent link: https://www.econbiz.de/10012481630
Cover Image
Timing and Quantity of Consumer Purchases and the Consumer Price Index
Griffith, Rachel - 2008
A common approach to measuring price changes is to look at the change of the expenditure needed to purchase a fixed basket of goods. It is well-known that this approach suffers from problems and creates several biases in the measurement of price changes faced by consumers. Substitution and...
Persistent link: https://www.econbiz.de/10012464214
Cover Image
International Evidence on Sticky Consumption Growth
Carroll, Christopher D. - 2008
We estimate the degree of 'stickiness' in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a stickiness...
Persistent link: https://www.econbiz.de/10012464771
Cover Image
Risk Sharing in Private Information Models with Asset Accumulation : Explaining the Excess Smoothness of Consumption
Attanasio, Orazio - 2007
We derive testable implications of model in which first best allocations are not achieved because of a moral hazard problem with hidden saving. We show that in this environment agents typically achieve more insurance than that obtained under autarchy via saving, and that consumption allocation...
Persistent link: https://www.econbiz.de/10012465662