Energy is a globally important factor of production - the growth of population and income increase energy consumption …, so there is an urge to decrease it. However, there are different ways to reduce energy consumption, and one of them is … energy efficiency. The aim of the paper is to give a theoretical review of energy efficiency and its benefits. The purpose of …

in a large-scale field experiment that cross-randomizes energy efficiency subsidies with information about the financial … ambiguous and highly dependent on the information design. Informing consumers that an LED saves 90% in annual energy costs …How can information substitute or complement financial incentives such as Pigouvian subsidies? We answer this question …