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moral suasion and dynamic pricing that stimulate energy conservation during peak demand hours. Using household …
Persistent link: https://www.econbiz.de/10011159888
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 …
Persistent link: https://www.econbiz.de/10011227933
established for carbon emissions, the bill also includes provisions that would tighten energy efficiency standards for consumer … Residential Energy Consumption Survey. The results show that, controlling for household income and other household characteristics …, renters are significantly less likely to have energy efficient refrigerators, clothes washers and dishwashers. …
Persistent link: https://www.econbiz.de/10008610975
built in the 1970s and early 1980s were energy inefficient relative to houses built before 1960 because the price of …
Persistent link: https://www.econbiz.de/10008614647
“Nudges” are being widely promoted to encourage energy conservation. We show that the popular electricity conservation … energy conservation nudges need to be targeted to be most effective. …
Persistent link: https://www.econbiz.de/10008628440
valuation of energy efficiency. We also provide evidence on circumstances in which consumer forecasts are likely to deviate from …
Persistent link: https://www.econbiz.de/10009001147
variation in eligibility for CCA participation, we find that the CCL had a strong negative impact on energy intensity and …
Persistent link: https://www.econbiz.de/10009323423
) 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 …
Persistent link: https://www.econbiz.de/10009353475
This paper estimates household preferences for ethanol as a gasoline substitute. I develop a theoretical model linking the shape of the ethanol demand curve to the distribution of price ratios at which individual households switch fuels. I estimate the model using data from many retail fueling...
Persistent link: https://www.econbiz.de/10008646458
Despite widespread application of real options theory in the literature, the extent to which firms actually delay irreversible investments following an increase in the uncertainty of their environment is not empirically well-known. This paper estimates firms' responsiveness to changes in...
Persistent link: https://www.econbiz.de/10008727845