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Asymmetric Effects of Non-Pecuniary Signals on Search and Purchase Behavior for Energy-Efficient Durable Goods
Holladay, J. Scott - 2016
We report the results of a field experiment where we exogenously vary the use of social comparisons "nudges" and …
Persistent link: https://www.econbiz.de/10012455741
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Dynamic Targeting : Experimental Evidence from Energy Rebate Programs
Ida, Takanori; Ishihara, Takunori; Ito, Koichiro; Kido, … - National Bureau of Economic Research - 2024
Economic policies often involve dynamic interventions, where individuals receive repeated interventions over multiple periods. This dynamics makes past responses informative to predict future responses and ultimate outcomes depend on the history of interventions. Despite these phenomena,...
Persistent link: https://www.econbiz.de/10014576590
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Do Consumers Acquire Information Optimally? Experimental Evidence from Energy Efficiency
La Nauze, Andrea; Myers, Erica - National Bureau of Economic Research - 2023
We use an experiment to test whether consumers optimally acquire information on energy costs in appliance markets where …
Persistent link: https://www.econbiz.de/10014372499
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Breaking Routine for Energy Savings : An Appliance-level Analysis of Small Business Behavior under Dynamic Prices
Eom, Jiyong - 2020
response to dynamic electricity prices different from residential or industrial customers. We conduct a field experiment to … determine the extent to which small businesses respond through re-configuration of typical routines throughout the experiment …, we estimate the hourly response patterns of individual appliances to participation in the experiment versus individual …
Persistent link: https://www.econbiz.de/10012481845
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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
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The Lightbulb Paradox : Evidence from Two Randomized Experiments
Allcott, Hunt - 2013
parameters, which we estimate using a novel within-subject information disclosure experiment. In the context of the model, the …
Persistent link: https://www.econbiz.de/10012458950
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The Dynamics of Car Sales : A Discrete Choice Approach
Adda, Jerome - 2000
Mankiw [1982] explores the Permanent Income Hypothesis implication that durable expenditures follow an ARMA(1,1) representation. He finds that durable expenditures are represented by an AR(1) process which implies that the rate of depreciation of durables, under the PIH model, is 100%. This...
Persistent link: https://www.econbiz.de/10012470965
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Credit Constraints in the Market for Consumer Durables : Evidence from Micro Data on Car Loans
Attanasio, Orazio - 2000
We investigate the empirical significance of borrowing constraints in the market for consumer loans. We set up a theoretical model of consumer loan demand, which in the presence of credit rationing implies restrictions on the elasticities of loan demand with respect to the interest rate and the...
Persistent link: https://www.econbiz.de/10012471067
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The Timing of Purchases and Aggregate Fluctuations
Leahy, John V. - 2000
This paper analyzes how the decision of when to buy a durable good affects both non-durable consumption and business cycle dynamics. At the individual level, we show that the timing of durable goods purchases plays an important role in smoothing consumption over time. In the benchmark case, the...
Persistent link: https://www.econbiz.de/10012471095
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Patterns of Trade in the Market for Used Durables : Theory and Evidence
Porter, Robert H. - 1999
The consumption value of a durable good diminishes as it ages due to physical deterioration and consumers' preference for the new. We develop a model of consumer specialization and trade in the market for used durables based on imperfect substitutability. Imperfect substitutability across...
Persistent link: https://www.econbiz.de/10012471645