Bartels, Lara; Werthschulte, Madeline - 2023
implicit in a subsidy encouraging an energy-efficiency investment. In the experiment, participants decide on purchasing a low …-flow showerhead and are either confronted with the introduction of a subsidy or a same-sized price decrease. We find a demand increase … subsidy is introduced. An analysis of the underlying channels rules out changes in beliefs and norm perceptions. Positive …