Showing 1 - 10 of 577
We report the results of a field experiment where we exogenously vary the use of social comparisons "nudges" and subsidies for participation in an in-home energy audit program, and follow subjects through to the subsequent purchase of durable goods. We therefore can compare the causal effect of...
Persistent link: https://www.econbiz.de/10012977280
We study the impacts on remittances of offering migrants temporary discounts on remittance transaction fees. We randomly assigned migrants from El Salvador and Guatemala 10-week remittance transaction fee discounts, and assess impacts using administrative transaction data and a post-experiment...
Persistent link: https://www.econbiz.de/10013046607
Firms and governments often use moral suasion and economic incentives to influence intrinsic and extrinsic motivations for various economic activities. To investigate the persistence of such interventions, we randomly assigned households to moral suasion and dynamic pricing that stimulate energy...
Persistent link: https://www.econbiz.de/10013029026
We argue that reputation mechanisms used by platform markets suffer from two problems. First, buyers may draw conclusions about the quality of the platform from single transactions, causing a reputational externality across sellers. Second, for a variety of reasons we discuss, reputations will...
Persistent link: https://www.econbiz.de/10013030621
Imperfect information and inattention to energy costs are important potential justifications for energy efficiency standards and subsidies. We evaluate these policies in the lightbulb market using a theoretical model and two randomized experiments. We derive welfare effects as functions of...
Persistent link: https://www.econbiz.de/10013071895
We study the effect of price salience on whether a product is purchased and, conditional on purchase, the quality purchased. Consistent with our theoretical predictions, we find that making the full purchase price salient to consumers reduces both the quality and quantity of goods purchased. The...
Persistent link: https://www.econbiz.de/10012909112
We model religious faith as a "demand for beliefs," following the logic of the Pascalian wager. We then demonstrate how an experimental intervention can exploit standard elicitation techniques to measure religious belief by varying prizes associated with making choices contrary to one's belief...
Persistent link: https://www.econbiz.de/10013224394
We document three remarkable features of the Opower program, in which social comparison- based home energy reports are repeatedly mailed to more than six million households nationwide. First, initial reports cause high-frequency "action and backsliding," but these cycles attenuate over time....
Persistent link: https://www.econbiz.de/10013098808
There is a puzzle arising from empirical analyses of the impact of music piracy that this has caused declines in music … music. There have been numerous explanations posited and this paper adds a novel one: that artists are time inconsistent and …
Persistent link: https://www.econbiz.de/10013033508
This paper studies the role of consumer learning in the demand for recorded music by examining the impact of an artist …
Persistent link: https://www.econbiz.de/10013220824