Imperfect information and inattention to energy costs are important potential justifications for energy efficiency … main results suggest that moderate subsidies for energy efficient lightbulbs may increase welfare, but informational and …

This review paper provides an overview of the application of behavioral public economics to energy efficiency. I … document policymakers' arguments for "paternalistic" energy efficiency policies, formalize with a simple model of misoptimizing …

Nonlinear pricing and taxation complicate economic decisions by creating multiple marginal prices for the same good … unsuccessful in achieving its policy goal of energy conservation and critically changes the welfare implications of nonlinear …

variation in eligibility for CCA participation, we find that the CCL had a strong negative impact on energy intensity and …

) and energy efficiency (EE) investments. We specify a model that relates electricity demand to previous EE DSM spending …, energy prices, income, weather, and other demand factors. In contrast to previous studies, we allow EE DSM spending to have a … over that time period and a 1.8 percent savings over all years. These energy savings came at an expected average cost to …

We analyze optimal policy when consumers of energy-using durables undervalue energy costs relative to their private … distortions from underinvestment in energy efficiency. Discrete choice simulations of the auto market suggest that the Internality … consumers marginal to each instrument. Because consumers who undervalue energy costs are mechanically less responsive to energy …

recognized that such a tax in practice must take the form of a tax on the consumption of energy products such as gasoline …

We evaluate the effectiveness of energy efficiency labeling in guiding household decisions. Using a carefully designed … intertemporal behavior (i.e., discounting) in guiding energy efficiency behavior. We find that simple information on the economic … value of saving energy was the most important element guiding more cost-efficient investments in energy efficiency, with …