Showing 1 - 10 of 160
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 consumers, review and critique empirical evidence, and...
Persistent link: https://www.econbiz.de/10010885303
variation at spatial discontinuities in electricity service areas, where households in the same city experience substantially …
Persistent link: https://www.econbiz.de/10010951392
companies owning only one or two reactors. Beginning in the late 1990s electricity markets in many states were deregulated and …
Persistent link: https://www.econbiz.de/10009251519
We analyze optimal policy when consumers of energy-using durables undervalue energy costs relative to their private optima. First, there is an Internality Dividend from Externality Taxes: aside from reducing externalities, they also offset distortions from underinvestment in energy efficiency....
Persistent link: https://www.econbiz.de/10011227933
household-level, discrete-continuous model of natural gas demand, we estimate that the allocative cost in the U.S. residential …, when there is excess demand, the good will not be allocated to the buyers who value it the most. The resulting allocative … data for the U.S. residential market for natural gas which was subject to price ceilings during 1954-1989. This market is …
Persistent link: https://www.econbiz.de/10005778427
Federal action addressing climate change is likely to emerge either through new legislation or via the U.S. EPA's authority under the Clean Air Act. The prospect of federal action raises important questions regarding the interconnections between federal efforts and state-level climate policy...
Persistent link: https://www.econbiz.de/10008548774
This paper evaluates changes in fuel procurement practices by coal- and gas-fired power plants in the United States … plants substantially reduce the price paid for coal (but not gas), and tend to employ less capital-intensive sulfur abatement … following state-level legislation that ended cost-of-service regulation of electricity generation. I find that deregulated …
Persistent link: https://www.econbiz.de/10011123620
disclosure, customer rebates, and sales agent incentives on demand for energy efficient durable goods. While a combination of …
Persistent link: https://www.econbiz.de/10011201894
asymmetric subsidy incentives by using a regression discontinuity design in California's electricity rebate program that provided … social marginal cost of electricity. …
Persistent link: https://www.econbiz.de/10010696638
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/10010884914