Showing 1 - 10 of 561
applies the methodology to estimate preferences for electricity reliability in Israel …
Persistent link: https://www.econbiz.de/10012758244
This study examines a field experiment in Texas that includes pricing and informational interventions to encourage … critical peak pricing intervention reduces electricity consumption by 14%. Using unique high frequency appliance-level data, we …
Persistent link: https://www.econbiz.de/10012891787
We present results from an experiment that randomized the expansion of electric grid infrastructure in rural Kenya …. Electricity distribution is the canonical example of a natural monopoly. Randomized price offers show that demand for electricity …
Persistent link: https://www.econbiz.de/10012990772
We report on an economic experiment that compares outcomes in electricity markets subject to carbon-tax and cap …, respectively. Across these matched pairs, the cap-and-trade mechanism produced much higher wholesale electricity prices (38.5% to … 52.6% higher) and lower total electricity production (2.5% to 4.0% lower) than the “equivalent” carbon tax, without any …
Persistent link: https://www.econbiz.de/10014264681
literature is that market experience is endogenous. This study presents a framed field experiment that exogenously induces market …
Persistent link: https://www.econbiz.de/10013127977
design an experiment that treats the two goods (a mug and a pen) symmetrically in all but in the probabilities with which … they are expected to be owned. Thus, our "endowmentless" endowment effect experiment shuts down all alternative mechanisms …
Persistent link: https://www.econbiz.de/10013131234
Evidence from laboratory experiments suggests that important disparities exist between willingness to pay (WTP) and compensation demanded for the same good. This study advances, and experimentally tests, a new explanation of the WTP/WTA disparity--a dynamic theory based on the presence of...
Persistent link: https://www.econbiz.de/10013069109
fairness. We corroborate the interpretation of our findings with a choice experiment of a costly decision to donate money to a …
Persistent link: https://www.econbiz.de/10012891786
We explore workers' valuation of job flexibility, using a field experiment conducted on a Chinese job board. Our … evidence is informative about job seekers' willingness to pay for flexible jobs of the types offered in the experiment, and …
Persistent link: https://www.econbiz.de/10012895490
An enormous literature documents that willingness to pay (WTP) is less than willingness to accept (WTA) a monetary amount for an object, a phenomenon called the endowment effect. Using data from an incentivized survey of a representative sample of 3,000 U.S. adults, we add one (probably)...
Persistent link: https://www.econbiz.de/10012945150