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The literature has shown the power of social norms to promote residential energy conservation, particularly among high usage users. This study uses a natural field experiment with nearly 200,000 US households to explore whether a financial rewards program can complement such approaches. We...
Persistent link: https://www.econbiz.de/10012455326
This study examines the mechanisms underlying long-run reductions in energy consumption caused by a widely studied social nudge. Our investigation considers two channels: physical capital in the home and habit formation in the household. Using data from 38 natural field experiments, we isolate...
Persistent link: https://www.econbiz.de/10012455404
Smart-home technologies have been heralded as an important way to increase energy conservation. While in vitro engineering estimates provide broad optimism, little has been done to explore whether such estimates scale beyond the lab. We estimate the causal impact of smart thermostats on energy...
Persistent link: https://www.econbiz.de/10014076737
Smart-home technology has been heralded as an important way to increase energy conservation, but causal evidence remains scarce. We estimate the causal impact of smart thermostats on energy use using data from two novel field experiments in which a random subset of treated households were given...
Persistent link: https://www.econbiz.de/10013321563
Smart-home technologies have been heralded as an important way to increase energy conservation. While in vitro engineering estimates provide broad optimism, little has been done to explore whether such estimates scale beyond the lab. We estimate the causal impact of smart thermostats on energy...
Persistent link: https://www.econbiz.de/10013388838
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We explore Tinbergen's fundamental insight that policymakers need at least as many policy instruments as targets. We extend this idea using a large natural field experiment in water resource management. We use social comparisons and loss-framed messages to help achieve two goals of our partner...
Persistent link: https://www.econbiz.de/10012455794
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