One important aspect of sustainable societies is the efficient use of resources. The consideration of resource efficiency aspects when designing business models such as product service systems (PSS) allows incentivizing such efficiency increases in business relationships. Particularly PSS are...

We conduct a large scale randomized field experiment to study whether providing recipients - 42,454 Chinese households in a rural area - with information on the costs of a real decision they make can help to improve the quality of their choices. The decisions are of high financial impact, as the...